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City Council <br />Meeting Minutes <br />May 19, 2015 <br />Page 22 of 34 <br />fiscal performance and from a traffic perspective and then allow the community to take <br />the information and create a fourth altemative, a hybrid, or a preferred alternative. He <br />stressed this has been a very public process, which is classified in three altematives; 1) <br />Community Workshop, 2) Market and 3) Survey. The Community Workshop reflects the <br />majority of the public comments and the In- Vision Louisville site. The Workshop <br />Alternative would have the least amount of development overall, being mainly one story <br />with a second allowed conditionally. It also focuses more on retail and less on <br />residential, and has the most park and open space land than the other altematives. It <br />includes the Steel Ranch Market Place, The North End commercial portion; Louisville <br />Plaza and the Safeway redevelopment. The Santilli property to the east is zoned <br />commercial, but has been earmarked for open space acquisition. Community <br />improvements include pocket parks, plazas, extending greenways and extensions of <br />roadways. <br />Council member Keany addressed the areas shown as open space and stated those <br />areas have not been purchased. Public members at the workshops identified those <br />areas as desirable areas for open space. Planning and Building Safety Director Russ <br />confirmed Council member Keany's statement. He identified land use scenarios and <br />noted any number of developments may come into the area. The study is showing the <br />maximum number of commercial and office space with an assumption on residential <br />and does not represent full residential. The same assumption was made in all three <br />scenarios, which are ballpark figures per study. <br />The Market Altemative: This alternative has the most development, allowing three <br />stories everywhere and a fourth story conditionally. It has the most residential, with less <br />focus on office, retail, and parks and open space. This alternative is recommended for <br />further study because it provides a high -end estimate for future development and a low - <br />end estimate for public investment and reflects interests expressed by the business <br />community and market conditions. <br />The Survey Alternative: This altemative falls in the middle, allowing two stories and a <br />third conditionally. It also has the most retail and commercial development. This <br />alternative is recommended for further study because it provides mid -range estimates <br />for future development and public investment and reflects survey results. The North End <br />would be mixed use ground floor retail with upper floor office. The Santilli property <br />would be half mixed use employment and half open space. <br />Main Street and Centennial Drive Intersection: The proposed land use scenarios <br />include slight variations in street network, the most significant being the Workshop and <br />Survey Alternatives proposal of realigning Main Street at South Boulder Road to meet <br />Centennial Drive. Other recommended infrastructure improvements will be further <br />vetted with the community and highlighted in the development of the preferred land use <br />scenario. Staff is requesting confirmation from City Council regarding the Main Street <br />and Centennial Drive intersection altematives to be considered. Staff is recommending <br />the analysis of the intersection occur in the small area plan because during the Desire <br />and Discover phases of the effort the public comments focused on a number of <br />