Revitalization Commission Agenda and Packet 2014 02 10

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LCityot Louisville COLORADO - INCE L ; ti Department of Planning and Building Safety 749 Main Street # Louisville CO 80027 # 303.335.4592 # www.louisvilleCO.gov Memorandum Date: February 4, 2014 To: Louisville Revitalization Commission From: Troy Russ, AICP Subject: 2014 Downtown Parking and Pedestrian Action Plan Update SUMMARY: The Planning and Building Safety Department conducted the City's first comprehensive parking study for Downtown Louisville during the spring and summer of 2009. The information gathered from the study, in combination with an extensive public outreach effort, generated the Downtown Parking and Pedestrian Action Plan. City Council adopted the Downtown Pedestrian Action Plan with Resolution 9, Series 2011. At the time of the study, Downtown was experiencing numerous vacancies and underperforming properties. Based on the data collected, the objective of the Parking and Pedestrian Action Plan was to: "Develop an action plan that better maximizes the utilization of on- street and off - street parking. public and private parking resources. using both short and long term solutions focused on creating a vibrant. walkable. and economically vital Downtown Louisville." The key conclusions from the 2009 -2011 effort were Downtown experienced: 1) Higher utilization of on- street spaces 2) Lower utilization of off - street spaces Staff developed recommendations which focused on extending the reach of the pedestrian, so that underutilized off- street spaces captured an increased share of the parking demand Downtown. The study did not examine the parking impacts in the adjacent neighborhoods, nor did the study examine the impacts of special events. Downtown Louisville has transformed since 2009 with low vacancies and higher performing properties. Special Events in Downtown have both increased in number and popularity. Complaints of parking impacts in the Old Town neighborhood have increased significantly. For this reason, staff conducted a new and expanded parking utilization study with both expanded coverage areas