Business Retention and Development Committee Agenda and Packet 2016 01 04

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Business Retention & Development Committee Meeting Minutes December 7, 2015 Page 4 of 5 Lathrop would like BRaD to look at navigation and configuration of streets downtown. He would like BRaD to look at making Main Street one way and down the road, making it pedestrian only. Then look at McCaslin — especially the west side. The traffic pattern from Spice China going south is very confusing. Pritchard would like to look at Small Area Plans which includes McCaslin. We should consider that area more. There was discussion of McCaslin issues. Council member Maloney would like to review the Charter. Menaker said we have had roundtables and forums and he does not see any political will to change what needs to be changed. The City has spent months to learn South Boulder Road wants under passes. He feels DeJong has had success encouraging primary employment. Can we support change of uses in Centennial Valley? We need to use landscaping and streetscaping and look at what is happening in Superior to leverage all to our benefit. Reichenberg said we are essentially lobbyists to help encourage businesses to implement what we want. Continue to help reach points of clarity. He agreed with Commissioner Menaker that CTC daytime employment is increasing. Wants transit and connectivity at CTC considered. We need to brainstorm then pick two initiatives to focus on for 2016. Mike Kranzdorf would not like to see BRaD give up on things that do not currently have political will. Menaker said: we have two economies. Downtown is somewhat of a tourist town. Challenges along McCaslin are different. The perception that downtown is thriving may be false. He would like to look at budgeting for marketing downtown. Council member Lipton said we have a great community that is well positioned. It is a matter of focus and picking two or three items for BRaD to focus on. 2017 budget will start in early 2016 so if BRaD wants more investment, that request may have to be made early. He said the biggest challenge and opportunity is the former Sam's Club area. We need to give a lot of attention to the critical area. Chair Loo would like to get back to making a lot of retention visits. Feels they are helpful. Commissioner Reichenberg agrees and feels we should take an equal sampling of each business area. RETENTION VISITS Izzio Bakery — looking at $2m investment of new ovens and equipment upgrade. Also looking at Broomfield and Erie. They are in 24 states. They are very bullish on their 5