Revitalization Commission Agenda and Packet 2020 03 11

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Revitalization Commission Minutes February 12, 2020 Page 2 of 5 Commissioner Gambale made motion to approve the minutes. Commissioner Bradfield seconded. All in favor. Public Comments on Items Not on the Agenda None. Reports of Commission None. Business Matters of Commission • Discussion / Direction 824 South Street Application for Urban Renewal assistance At the end of January, staff received an application seeking assistance for public improvements for a project at 824 S. Main. The project includes the renovation and rehabilitation of an existing structure and construction of a new building for either hotel and/or office/retail space. The packet contains staff review and analysis. The applicant, 824 South, Inc., is seeking just over $260k for public improvements. The LRC has reviewed applications against three goals: • Removal of blight; • Positive effect on property values; and • Advancement of URA. Staff believes this new use would meet all the stated criteria and is consistent with the Highway 42 Urban Renewal Plan. The applicant is currently constructing the core and shell on the subject property. They are seeking input and hoping to advance the application quickly due to the existing construction schedule. Erik Hartfronft is the planner and architect on project. Barbie Iglesias is owner. Ms. Iglesias said her vision for the existing structure is a healthy to-go marketplace. Not a sit down, but fast service, prepared meals to go. Possibly wine and beer, hours, 7am – 8 pm. The Inn would have approximately seven rooms in the newly constructed building and two rooms in current building. She is seeking a hotel operator to manage it. The alternative uses under consideration are office and retail. Closest example to her concept is the Bradley House in Boulder. Agenda Packet P. 3