Planning Commission Agenda and Packet 2014 07 10

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Planning Commission Staff Report July10, 2014 BACKGROUND: The applicant,Louisville Mill Site, has submitted a plan to redevelop the Grain Elevator site at 500-544 County Road.The site consists of two tracts which have never been platted in the City. The property to the south is 0.4 acres and is owned by RCC LTD. It has a 10,000 square foot warehouse building that currently hosts Jump’n’Rope. The property to the north is 1.2 acres and is owned by the City. There are two buildings on the property: the 4,000 square foot historic Grain Elevator and a 3,400 square foot retail building, which currently hosts the Tilt Arcade. The City has an agreement to sell the north property to Louisville Mill Site after a development plan has been approved and the Grain Elevator has been landmarked. The proposal includes a 6,500 square foot addition to the south warehouse building, a 1,500 square foot addition to the Grain Elevator, and the demolition of the north retail building and the construction of a new 19,000 square foot commercial/office building. The two propertieswould also be re-subdivided into three new lots and an outlot. The property is located in the Commercial Business (CB) zone district and within the area of town formally referred to as Downtown Louisville. All development in the CB zone district requires the establishment of a Planned Unit Development (PUD), and all PUD’s in Downtown Louisville must comply with the development regulations established in the Louisville Municipal Code (LMC)and the design standards outlined in the Downtown Design Handbook.The floor area and height of structures in Downtown are further regulated by the Downtown Framework Plan. The property to the north is zoned Commercial Community(CC)and contains a single- family residence. Immediately to the east is the BNSF railroad. Further east, as well as to the south and west, is zoned Residential Medium-density (RM). 2