City Council Agenda and Packet 2012 12 04

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City Council Meeting Minutes November 20, 2012 Page 9 of 15 STAFF PRESENTATION Planner II McMillan explained the request is for a Special Review Use (SRU) and a Preliminary Planned Unit Development (PUD), to redevelop Tract One of the Louisville North Subdivision located at 707 East South Boulder Road. The subject property is located on the northwest corner of South Boulder Road and Centennial Drive on the eastern half of the Village Square shopping center and is approximately 5.1 acres (222,156 SF) in size. Project Overview - The applicant proposes to redevelop the vacant former Safeway site with five new structures containing 111 apartment units with 157 underground parking spaces and a 24,000 square foot Alfalfa's grocery store with a 1,500 square foot community room. The former Safeway grocery store would be removed. The plan includes a total of 143,800 square feet of development on the approximately 222,000 square foot site. The subject property is zoned Community Commercial (CC). The Louisville Municipal Code (LMC) and the CDDSG are the regulatory documents. The two proposed commercial buildings, totaling 33,700 SF, are permitted by right and the requested 111 multi - family residential units may be permitted under special review. The 111 residential units are located on the back half of the property in three of the five buildings (Buildings C, D, and E) above a 157 space underground parking garage. The buildings are grouped together around a central courtyard and buildings D and E are connected by a third story primarily glass walkway. Each of the buildings is three stories and a maximum of 42 feet tall although there are cupolas on buildings D and E which extend to 48 feet tall. The average floor plate of Buildings C, D, and E is 13,000 SF. Buildings A and B contain 33,700 square feet of retail development and a community room and are located on the front half of the property. Building A includes 24,000 square feet of retail space and the 1,500 square feet community room. The structure is located on the southeast corner of the property adjacent to the South Boulder Road and Centennial Drive intersection. This building would be the location of an Alfalfa's grocery store. Building B contains 8,000 square feet of speculative retail space. The two retail buildings are situated around a public plaza and outdoor dining and event area and would be served by a surface parking lot on the interior of the site. Traffic Impacts - The traffic study indicates the development would generate approximately 3,750 one way trips per day, which is approximately 67% of the traffic generated by an occupied 55,000 square foot grocery store. Access, Circulation and Parking - Two access points to serve the site. The first access point is located on South Boulder Road at Jefferson Avenue and will serve as the "entry drive" to the site. The entry drive will continue to the north where it will intersect another east /west access drive. The entry drive will provide access to a new 120 space surface parking lot, and the existing surface parking lot to the west of the subject property. A 21