City Council Agenda and Packet 2004 05 04

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Louisville City Council Meeting IPiJJ@rA&L? April 20, 2004 Page 7 ofl5 Council member Keany inquired as to the footprint of the loft proposal as compared with the footprint of the previously professional office proposal. Jeff Pedersen, Overway & Pedersen Architects, 1675 Larimer Street, Ste. #640, Denver, CO, stated the footprint for the new building is 40,000 SF, to accommodate two 15,000 SF buildings over a parking garage. The footprint of the original building was 30,000 total SF, to accommodate office space. Council member Keany stated that according to e-mails, the previous office-building proposal provided a better view corridor for surrounding neighborhoods. He inquired as to the color of the brick and asked if the red brick is found in the other development. Pedersen stated the brick is not as red as the concept plans reflect. Keany inquired about the guest parking and asked whether retail parking would ultimately be used for guests. Pedersen stated the proposal has not provided any parking for guests, however, if parking in retail lots becomes a problem, proper signage would be erected. Mayor Sisk asked what efforts have been made for affordable housing. Scott Pedersen stated he has not looked at the affordable housing component at this time. Mayor Sisk suggested that affordable housing be considered and noted the number of SF in the project has tripled from 30,000 to 90,000 SF. He stated the proposal presented to Council on the original PUD would be a complimentary retail and office building. He voiced his concern over the timing of the Centennial Pavilion Loft proposal and the City's plan for a new Comprehensive Plan. He inquired about the amount of the applicant's public dedication. Planning Director Wood stated the public dedication was based on current market value. Council member Keany asked the applicant for the cost range of the lofts. Mr. Pedersen had not completed any detailed analysis, however calculated $220 per SF, or $280,000 for the two-bedroom units, and $200,000 for the one-bedroom unit. COUNCIL COMMENTS Council member Keany voiced concern over the issue of affordable housing and accepting the proposal before a new citywide Comprehensive Plan is in place. Mayor Sisk voiced doubt the lofts would fit in with the retail business neighborhood. City Attorney Light requested a motion to include the applicant's concept plans, the brick display boards and the approved existing development (Centennial Pavilions) be made a part of the public hearing record. MOTION: Mayor Sisk moved that the record of the public hearing include the items outlined by the City Attorney. Council member VanPelt seconded the motion. All in favor. Council member Brown absent. 7