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City Council <br />Meeting Minutes <br />November 17, 2015 <br />Page 5 of 15 <br />(PUD) allowing a maximum of 449,948 SF flex/office development with associated site <br />improvements within the Colorado Technology Center (CTC). <br />The subject property is located in CTC; zoned Industrial (I) and is known as the Hoyle <br />Family Trust. The applicant is requesting two altematives: Altemative #1: Three (3) <br />buildings totaling 396,000 SF. Altemative #2: One (1) 450,000 SF building. The <br />platting of this property would trigger a public land dedication (PLD) requirement of <br />12 %, or equivalent cash -in -lieu. Both altematives comply with Chapter 16 of the <br />Louisville Municipal Code (LMC). The cash -in -lieu to the Open Space Fund would be <br />$533,232 and would be used for land within "Southeast Boulder County, South Street, <br />Dillon Road and US 287 Area Comprehensive Development Plan Intergovernmental <br />Agreement ". <br />ALTERNATIVE # 1 <br />Site Plan: 63% lot coverage (75% permitted). Each Lot separately complies with lot <br />coverage. There is surface parking on all 4 sides of building. The loading areas are <br />protected from view of Dillon Road by an "L" shaped building and landscaping. <br />Parking: Lot 1: Warehousing — 449 Spaces; Office -585 spaces *. Lot 2: Warehousing <br />333 spaces; Office — 478 spaces. Lot 3: Warehousing — 300 spaces; Office — 448 <br />spaces *. *Lot 3 requires a parking waiver if full office and a shared parking agreement. <br />Access: Three access points off Dillon Road: One primary — to a cul -du -sac and two <br />secondary to loading areas of Lot 1 and Lot 3. Secondary access on northeast comer <br />provides access to Boxelder Street. <br />Sidewalks: To remain consistent with the CTC Sidewalk Plan, this development is <br />proposing sidewalks on the west side of the proposed cul -du -sac; and an 8' sidewalk on <br />the north side of Dillon Road from Pierce Avenue to 104th. <br />Architecture: Buildings A and B would be located along Dillon Road. Building C will be <br />located behind Buildings A and B. <br />Signs: Monument Signs: IDDSG allows one freestanding sign for each access. <br />The applicant is requesting 3 monument signs; 14 feet tall for project sign; 6'6" for signs <br />on east and west access. Staff did not support waiver for sign heights. <br />Tenant Signs: The applicant is proposing 3 tenant signs for each lot. Staff <br />recommended approval of tenant signs. <br />Wall Signs — waiver: IDDSG allows 15 SF wall signs, not to total more than 80SF. The <br />applicant is proposing 40 SF signs not to total more than 120 SF. <br />ALTERNATIVE # 2 <br />Site Plan: One 449,948 SF building; 67.7% lot coverage (75% permitted); surface <br />parking on all four sides of building; loading areas protected from view of Dillon Road by <br />