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SUBJECT: LRC YEAR -IN- REVIEW AND DISCUSSION OF FUTURE INITIATIVES <br />DATE: OCTOBER 22, 2013 <br />PAGE 3 OF 3 <br />Downtown Parking Solutions <br />Residents perceive a lack of public parking exists in the core downtown area. On- street <br />parking is frequently occupied and additional supply is needed to relieve parking <br />pressure on the surrounding neighborhoods. The LRC is willing to assist, where <br />appropriate, to increase parking availability in downtown. <br />Study the Impact of Projects on Existing Neighborhoods <br />Significant projects are being proposed or are being constructed which will have <br />impacts to existing neighborhoods. Small studies may be conducted to better <br />determine the impacts and identify improvements that can lessen or eliminate those <br />impacts. <br />Highway 42 Improvements <br />The City Council has approved the Highway 42 Corridor Plan, which includes significant <br />modifications to Highway 42, and significant funding will be required to achieve the <br />vision for the corridor. The LRC is committed to seeing these modifications <br />implemented and wants be an active participant in helping facilitate success. <br />Revitalization of Existing Buildings <br />Some buildings in downtown may be considered for revitalization. Depending upon the <br />age and condition of the building, it may be cost prohibitive for the project alone to do <br />what is needed to revitalize the building and property. The Commission is open to <br />partnering on projects that need infrastructure assistance to revitalize existing buildings. <br />Improvements to corridors within the URA <br />Traffic into and out of downtown is increasing. Residents and visitors are increasingly <br />walking or riding bikes into downtown. The Commission in interested in learning about <br />what types of changes can be made to the transportation infrastructure to reduce the <br />conflict between these modes and traditional vehicular traffic. <br />RECOMMENDATION: <br />The Louisville Revitalization Commission would like input from the City Council <br />regarding the future initiatives envisioned. <br />CITY COUNCIL COMMUNICATION <br />4 <br />