Vision
To revitalize the City’s Downtown and waterfront and establish the area as a key part of the City’s identity, while turning the area into a tourism and recreational opportunity for the Marysville Community.
Downtown Marysville is the gateway into the city from the South along Interstate 5. Starting at the Marysville Waterfront along the Ebey Slough, the Downtown area is visible from the freeway, accessible to numerous neighborhoods and prime with opportunity for development. The Waterfront area is a hidden gem, waiting to be unlocked and brought to its full potential.
The City has established a Master Plan for the area, and is in the process of implementing infrastructure projects aligning with the vision for downtown.
Incentives
Multifamily Housing Property Tax Exemption
Specifically to support growth in the downtown core and provision of more housing units, the City of Marysville offers the Multi-Family Tax Exemption Program Chapter 3.103 of the Marysville Municipal Code, which provides property tax exemption for a limited time period (8 years for market rate housing and 12 years for qualified affordable housing) on the value of improvements but not land. This program is authorized by statute Chapter 84.14 RCW.
More about the area: