States / Washington / SB 5755

SB 5755 In Committee

Incentivizing residential development with public benefits on underutilized commercial properties.

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 S-1440.2

SENATE BILL 5755

State of Washington

69th Legislature

2025 Regular Session

By Senators Alvarado, Saldaña, and C. Wilson

Read first time 02/14/25. Referred to Committee on Housing.

AN ACT Relating to incentivizing residential development with public benefits on underutilized commercial properties; amending RCW 84.14.010 , 84.14.030 , 84.14.060 , 84.14.070 , 84.14.090 , 84.14.100 , 84.14.110 , and 82.59.010 ; adding a new section to chapter 43.330 RCW; adding a new section to chapter 84.14 RCW; creating a new section; and providing an expiration date.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. The legislature finds that Washington faces a housing shortage, with the greatest challenges affecting low-income households. The imbalance between housing supply and demand has driven up costs, making it increasingly difficult for households to secure housing near jobs and essential services.

The legislature also finds that expanding development opportunities on underutilized commercial properties can help Washington in meeting its housing goals of over 1,000,000 new housing units by 2044. Higher density, mixed-use development along underutilized commercial arterials—particularly near jobs, transit, and essential services—can help provide much needed housing.

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