Planning Commission Minutes 2015 07 09

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Planning Commission Meeting Minutes July 9, 2015 Page 7 of 17 large building which would be one of the largest buildings in the northwest part of the metropolitan area. Or, we can subdivide it into three lots and create a street right-of-way in the middle and we would build what we typically been doing in CTC in the 100,000 to 150,000 sf type structure. In all of the instances, Tract A stays as it would exist under this layout in the preliminary plat for water quality and detention. We are fully aware of the obligations this property has both as part of the annexation and the zoning efforts that the Hoyle Family and Mr. Lopez were successful in obtaining over the last few years. We will also have this property annexed into the metropolitan district as it relates to services and obligations. In the future as part of the development, we will complete the widening of Dillon Road on the north side to connect Pierce and CTC Blvd. We are fully prepared to install a traffic signal at the main entrance into the 33 acre parcel. Commission Questions of Applicant: Russell says this is described as a supplemental area to the CTC. What does that mean? Vasbinder says we are running out of land. This property will be subject both to industrial guidelines of the City and the covenants and controls of CTC and our association there. Rice says what you are envisioning is you are going to integrate this into the CTC. Vasbinder says it is going to be similar but separate. It will not have a direct connection from the 33 acres into the CTC per se. We are calling this Louisville Corporate Campus at CTC. We have been blessed with a substantial amount of activity at CTC over the recent past. The last three buildings we have completed have leased before we had them under roof. We have another building under construction at 1960 Cherry. We have a letter of intent for that building. We have just submitted for PUD at CTC called 2000 Taylor which has a large stockpile of fill dirt there currently. We have interest in that 122,000 sf building. There is a very good group of tenants and companies with great backgrounds in manufacturing and different types of businesses with great employees that have found Louisville to be a positive place to "drive a stake". We want to continue that activity with this 33 acre piece. Public Comment: None. Summary and request by Staff and Applicant: Staff recommends approval. Closed Public Hearing and discussion by Commission: Brauneis says there are historical issues related to the property. It will not be discussed tonight but it is something to be aware of. Russell says I have an issue with the expanding nature of that development which is phenomenal and the consumption of agricultural. I do think down the road it will be interesting to have a discussion about 500,000 sf of manufacturing out there, what is the impact on transportation infrastructure? It will be significant. This is independent of whatever arrangements and access we have made for CTC. I am supportive of this and I think it is a great project. I think this group does great work. It is important for the community and we will need to be mindful in the future. Pritchard says this is something Staff has been working on with the various authorities. That conversation will continue to progress especially with the development and popularity of the CTC. Motion made by Russell to approve Resolution No. 22, Series 2015, seconded by Moline. Roll call vote.