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<br />Louisville City Council Special Meeting <br />January 25,2005 <br />Page 5 of 10 <br /> <br />Planning Director Wood reviewed the Framework Plan, which includes seven <br />opportunity areas. The framework plan adds approximately 750 acres of <br />commercial/retail; 246 acres of residential citywide; and 160 acres of parks and open <br />space. The seven areas are as follows: <br /> <br />· Area #1: Northeast Area - Highway 42/North Boundary City of Lafayette <br />· Area #2: Downtown Area - Highway 42 Revitalization Plan <br />· Area #3: Colorado Technological Center <br />· Area #4: StorageTek, Monarch Campus, and Avista Health Park <br />· Area #5: McCaslin Interchange Retail Area to Cherry Street <br />· Area #6: Centennial Valley/Enc1aves within Centennial Valley Area <br />· Area #7: Gateway Estates Area - East of McCaslin/South of S. Boulder Rd. <br /> <br />City Manager Simmons explained the plan documents contain three pages of data <br />presented through graphs, which illustrates the land uses. Page 2-12, a pie chart <br />illustrates the existing land uses. On Page 3-5, a bar graph compares the existing land use <br />to the Framework Plan. The bar graph also illustrates the changes in land uses and the <br />various acreages devoted to each of the classification. On Page 3-7, the pie chart <br />illustrates the Frame Work plan as shown and what is recommended. <br /> <br />HOUSING <br /> <br />Kathy McCormick, McCormick and Associates, 2705 Iliff, Boulder, CO outlined the <br />housing component of the framework plan. In the stakeholders meeting, the following <br />comments were heard: empty nesters are looking to downsize; young families are looking <br />to relocate to Louisville, and employers are looking at housing for their employees. She <br />reviewed the housing, which is currently available in Louisville. The findings ofthe <br />study revealed the City of Louisville is a single-family household city, and a very high- <br />end community, with very few rentals, at very high rents. Louisville is also the largest <br />importer of workers into the community.. There is a need for housing for seniors, empty <br />nesters, and first time homeowners. She stated Louisville is lacking in the market for <br />entry-level homes and affordable rental properties. According to the results of the <br />citywide survey, the residents want retail sales tax, and a vibrant economic area. <br /> <br />PUBLIC COMMENT <br /> <br />Tom Davidson, 611 W. Chestnut Court, Louisville, CO disagreed with the housing <br />assessment and stated Louisville has a huge number of starter homes. He reported an <br />internet search compiled a list of 55 Louisville homes for sale for under $200,000. <br /> <br />McCormick responded there are a large number of fixer-upper homes in Louisville. <br />However, new homes are available in Weld County in Firestone and Dacono for the same <br />amount of money. <br /> <br />Mayor Sisk asked McCormick to address the impact new housing units would have on <br /> <br />5 <br />