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Planning Commission <br />Meeting Minutes <br />January 24, 2013 <br />Page 7of 44 <br />91City as well. The Plan provides clear policies to guide redevelopment as the McCaslin <br />92Boulevard and South Boulder Road corridors age and as infill residential rehabilitation <br />93pressures continue to increase in all established residential neighborhoods. <br />94 <br />95As new development continues in <br />b. Regional traffic and City transportation policy – <br />96surrounding jJurisdictions, Louisville will experience a decreasing share of local traffic <br />97on its street network. Future transportation investments in the City will be challenged to <br />98accommodate demands for regional traffic mobility and at the same time address <br />99livability and economic viability concerns within Louisville. <br />100 <br />101The City’sLouisville’snew transportation policies and regulations reflect those ofwere <br />102designed foran expandingcommunity communityare consistent with a communitythat <br />103is , and do not adequately addressthe realities of a landlocked and redevelopingCity. <br />104and not consistent with realities of a communitycontinuing to expand. <br />105 <br />106The City’s transportation regulations have begun to shiftedaway froma focus on <br />107regional mobility concerns designed to accommodate vehicular traffic, roadway <br />108capacity, and safety features for higher speedsenvironments. Louisville’s new <br />109transportation priorities are nowwill bealigned with multimodal transportation, roadway <br />110efficiency, property access, and safety features for slower speed environmentssimilar <br />111to those within Louisville. <br />112 <br />113This Comprehensive Plan recognizes the inherent conflicts between regional mobility <br />114needs, local property access and quality of life requirements, and aims to provide <br />115providing a balance in between community and transportation policies to which <br />116effectively guide future investments within Louisville. <br />117 <br />118The downturn in the economy since <br />c. The economy and realities of retail growth – <br />1192008 and the new realities of regional retail competition, access/visibility of retail sites <br />120and new retailing practices require more community based approach to economic <br />121development and future sales tax revenues. <br />122 <br />123Revenue generating regional retail development has moved into adjacent communities <br />124of Broomfield, Superior, and Lafayette. Future retail growth trends suggest a continued <br />125consolidation and shift in retail away from Louisville, particularly toward communities <br />126along the US 36 and the I-25 North corridor. The McCaslin Boulevard Corridor south of <br />127Cherry Street remains attractive to regional retail opportunities. However, the form of <br />128regional retail has changed significantly since the early 1990s and the original <br />129Centennial Valley development approval. <br />130 <br />131This Comprehensive Plan addresses the evolving pattern of regional retail opportunities <br />132near US 36 and the general shifting of regional retail opportunities to formulate guiding <br />133policies which ensure the City’s future fiscal and economic health. <br />134 <br />