Not only is Marysville the second largest city in Snohomish County, it’s also the fastest growing city in Washington States. The city appears poised to continue its rapid growth, with a number of expansion projects in the works and a real estate market that boasts the lowest mortgage burden in the region.
In September 2016, Jim McPherson, superintendent for Vandervert Construction, announced development of a five-story Home2 Suites Hilton hotel project along 116th Avenue N.E. at 41st Drive. The hotel will sit on a 2.5-acre development site, which will also include a separate 10,000-square-foot building that will house restaurants on its first floor and office space on the second. With its 90-room hotel, the development is being built in response to a need for new lodging properties, due to expansion in the Smokey Point area.
A second project, located right next door at 116th Avenue and 38th Drive N.E., will feature a 3,900-square foot medical office and multiple restaurants, including a Sonic Drive-In – which has the distinction of being the first in Snohomish County. The medical office and restaurants development will sit on 9 acres.
Last year, Community Transit also proposed route revisions in Marysville, as well as expansions throughout the county, such as two new routes along Highway 9. The proposal, which was approved by the agency’s board of directors last April, marks a 14 percent expansion in service funded through the 0.3 percent sales-tax increase ballot measure voters passed in the fall of 2015. Community Transit started service to the two new routes this past September.
Steady growth isn’t the only reason it’s a great time to move to Marysville. According to a report from the online real estate database company Zillow, Marysville homeowners put a smaller percentage of their annual household income toward their mortgage than homeowners in any other city in the Seattle market area with a population of 65,000 or higher – 16.2 percent compared to 21.4 percent for Seattle residents.
For more information on city of Marysville expansion projects, or moving to Marysville, visit http://marysvillewa.gov.
New construction and stransportation projects in Marysville contribute to the rapid growth of the community, placing it as one of the state’s most popular relocation destinations. The lowest income-to-mortagage ratio in the Seattle market area provides another strong incentive for giving Marysville another look when searching for your new home.
Despite being the fastest growing community in the state, Marysville retains a charming small-town feel and is home to the popular Strawberry Festival in June, with a parade, carnival and lots of tents with local vendors. The festival is a tribute to the strawberry farms that used to surround the community.