Prime 1.88-Acre Multifamily Development Opportunity Near Paine Field and Boeing. An exceptional 1.88-acre townhome/multifamily development site located in one of Everett’s most desirable submarkets, just minutes from Paine Field, Boeing, I-5, the Everett Mall, and the Mukilteo waterfront. Ideally suited for workforce housing, this property offers the flexibility to develop approximately 28 townhomes—an increasingly in-demand housing option bridging the gap between single-family homes and affordability—or to pursue a high-density apartment project with building heights up to 7 stories supporting well over 100 units. This is a rare opportunity for builders and developers to deliver a highly sought-after residential product in a location supported by strong economic fundamentals, major employment centers, and lasting lifestyle appeal.