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Business Retention & Development Committee <br />Meeting Minutes <br />September 17, 2014 <br />Page 4 of 5 <br />The built environment would need to change to capitalize on the BRT Stop. (BRT goes to <br />movie theater) <br />Once BRT is up and operating it will be transformational. Mobility solutions are critical to <br />younger people. <br />What do you envision your vacant parcels becoming in the evolution of Centennial Valley? <br />The parcels are well suited to residential, but the parcels are zoned for commercial. Huge <br />need for townhomes, empty nester — need more opportunity for higher density. Broaden <br />usage, broaden density, increase residential. <br />With Sam's Club the way it is, it will be hard to create something unique. Developers learned <br />you can't build it and hope they come. "We respond to market" <br />Dense residential is better suited for properties east of McCaslin, west of McCaslin is better <br />suited for lower densities. <br />What is your anticipated timeframe for developing these parcels? <br />No specific time frame. Not building spec buildings. "We are responding to market." <br />In your opinion, what is Centennial Valley missing that would make it more desirable for retail? <br />For other commercial? <br />The Neodata building, cannot be retro- fitted for housing, it would have to be taken down if a <br />change of use is desired. <br />Regarding the Phillips 66 property: Need residential. That property is a clean slate. Set right <br />planning in place. Don't put restrictions on height. <br />What are the major obstacles that have prevented the development of the Centennial Valley? <br />How can the City address these obstacles to development? <br />Does Centennial Valley need civic area? <br />No, this is not what a business park needs. <br />What are your thoughts on Superior Town Center? <br />Their plan is for dense residential. It will be tough. They will get traction. It is high density and <br />walkable. A lot of competition to capture what corporate users are looking for and residents <br />want. <br />Retailers are downsizing — do you see that happening with commercial? <br />