Business Retention and Development Committee Agenda and Packet 2012 10 01

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Business Retention & Development Committee Meeting Minutes September 4, 2012 Page 3 of 4 The following outlines some of the findings: Five discreet area types within the City: Centers, Neighborhoods, Corridors, Special Districts and Parks and Open Space Three large-scale development patterns: Urban, Suburban and Rural Maps were developed to show the areas and patterns of the City Community participated in identifying future areas of stability and areas of change for the City. This process set the stage for more detailed discussions such as transportation ideas and identifying new streets. City streets were looked at in terms of design and number of lanes. Louisville basically has more streets than cars and staff recommended that some streets be put on a “road diet” meaning that some streets could become narrower to support wider sidewalks and bike lanes. A narrower street is a safer street as it slows down the cars. Staff is identifying other traffic calming designs such as roundabouts. Even though RTD is delayed on Fastracks, Director Russ recommends the City begin talks about silent rail crossings. th Councilmember Sackett asked for a connection from 88 Street to US36—this would improve access to Avista Hospital for visitors and emergency crews. (Sackett stated his conflict of interest as his son works for Avista). Director Russ said there would be another alternative to extend Campus Drive which would help access to Dillon Road and the hospital. Market Conclusions identified the Near-Term Opportunities in 2012-2018 and Long-Term Opportunities in 2019 to 2025 relating to Office, Retail, Light Industrial and Residential. The City is limited by availability of land, not demand. Sales Tax by Source – Food and beverages accounted for a combined 35.6% of sales tax revenue in 2011. The City has enough retail space for the next 9 years of growth. Smaller foot- print buildings are where it’s at. Retail Market Conclusions – Local market is not likely to support more large-format retail in the next decade, Louisville’s marketplace can still attract small-format and independent merchants, and small-format merchandisers considering Louisville will seek locations in a mixed-use environment rather than stand alone shopping centers. Land Use – identified areas experiencing stability and areas experiencing change Possible scenarios for redevelopment were looked at for urban areas and neighborhoods, eg. areas along McCaslin, Sam’s Club redevelopment, Mixed Use Neighborhood along McCaslin, areas along South Boulder Road and a concept design for the north end of Main Street. Due to time constraints, the presentation ended early. Mayor Pro Tem Dalton told the Planning staff, “well done – extraordinary job!” RETENTION MEETINGS – Aaron DeJong Colorado Plastics – Met with Drew Schwartz, CEO. This is a six-person shop, relocated from Boulder to the Colorado Tech Center in 2009. Last summer the company was hit twice with a copper wiring theft, but since then, they have installed cameras and have not had any more problems. The company is a distributor with 15% of their business in retail. Councilmember Loo gave Kudos to the Louisville Police Department for handling the copper thefts last year. Future retention visits scheduled for Fresca Foods and Babolat.