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LCityof <br />Louisville <br />COLORADO • SINCE 1878 <br />BUSINESS RETENTION AND <br />DEVELOPMENT COMMITTEE <br />SUBJECT: <br />DATE: <br />ECONOMIC DEVELOPMENT UPDATE <br />NOVEMBER 2, 2015 <br />PRESENTED BY: AARON DEJONG, ECONOMIC DEVELOPMENT <br />550 S. McCaslin Urban Renewal — The LRC received input from City Council regarding <br />interest in the scope of a future RFP to seek proposals for re- tenanting or redeveloping <br />the former Sam's Club property. Council has interest in seeking proposals that currently <br />fit within the zoning upon the property. <br />DELO Plaza <br />Tebo Properties will soon submit for building permit on their 25,000 sf retail project at <br />South Street and Highway 42. Tenants are expected to vacate the property on <br />December 1 to make way for the redevelopment. <br />1501 Empire Road Lease <br />City and Human Movement entered into a lease for 1501 Empire Road, the former City <br />Shops building. The lease began on October 15, 2015. <br />Lucky Pie Closing <br />Lucky Pie and the City closed on the sale of 637 Front Street on October 13tH <br />Analysis of ED Programs <br />Some council members have expressed interest in analyzing economic development <br />programs beyond the BAP program or programs the Economic Development <br />Department operates. They mentioned the BRaD committee as the group to do that <br />analysis. <br />18 <br />