Planning Commission Agenda and Packet 2016 03 10

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Planning Commission Staff Report March 10, 2016 According to the model, the previously approved GDP would yield a net positive fiscal impact of +$3,008,000 over a 20 -year period, or +$150,400 per year. The proposed amendment, assuming concurrent buildout, would yield a net positive fiscal impact of +$2,395,000 on the City over the same 20 -year period, or a positive +$119,750 per year. The delayed buildout would yield a net positive fiscal impact of +$2,051,000 over the same 20 -year period, or +$102,550 per year. Staff believes the request complies with the framework of the 2013 Comprehensive Plan. City of Louisville Zoning Map The City of Louisville Zoning Map is reviewed to ensure GDP amendment requests are compatible with zoning and surrounding properties. The property is zoned Planned Community Zone District — Commercial (PCZD-C), which allows general retail and office uses as proposed, as well as "Other uses as established by the city council as found to be specifically compatible for commercial and office planning areas" (LMC §17.72.090(B)(19)). The residential previously approved for this property was approved under this section. r P -R . ltat IRTH � �5 ELit k1 EPL TOAPi NO R D -101'D ELK 6 &7R'EPLAr ALVEN{IS PARK RUNG 2 9Y LOUISVILLE PLAZA FILING • a HARNEYLAS TOKA EE _-ir The current City of Louisville Zoning Map shows this property is adjacent to properties zoned PCZD-C (shown as P -C) to the west (Black Diamond Car Wash) and PCZD-R (P- R) to the north (North End). To the east is the North End detention pond, zoned PCZD- R, and an office development in the City of Lafayette. To the south, across South Boulder Road, is the Harney/Lastoka Open Space. The proposed changes to the GDP would be compatible with the surrounding zoning. Final Plat 5