Planning Commission Minutes 2015 08 13

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Planning Commission Meeting Minutes August 13, 2015 Page 17 of 22 120,581 SF general flex space (flex means office/warehouse use). If used exclusively for office, the loading dock areas become parking. 72% hardscape and 28% soft scape which exceeds IDDSG requirement 4 access points: Two off Taylor, one off CTC Blvd, one on S. 104" 2 spaces per 1,000 SF 3.47 spaces per 1,000 SF 419 spaces (242 spaces) 4 spaces per 1,000 SF 4.38 spaces per 1,000 SF 528 spaces (483 spaces) The building is almost 700' in length, fagade articulates which means it steps back, creating areas to break up the fagade. Monument Signs: IDDSG allows one freestanding sign for each access. Applicant is requesting 4 monument signs. Wall Signs -waiver: IDDSG allows 15 sf wall signs, not to total more than 80 sf. Applicant is proposing 40 sf signs not to total more than 120 sf. Materials board entered in record by Tengler, seconded by Russell. Passes by voice vote. Staff Recommendations: Staff recommends Planning Commission move to approve 2000 Taylor —GDP Amend and Final PUD: Resolution 23, Series 2015. A request for an amendment to the existing Business Center at CTC General Development Plan (GDP) and a rezoning from PCZD-C, to PCZD-I, and a final planned unit development (PUD) plan to construct a 120,581 SF single story Industrial/ Flex building with associated site improvements at Lot 1, Block 4, the Business Center at CTC with no conditions. Commission Questions of Staff.- Tengler says the rezoning makes sense. I wonder if the original zoning wasn't done to maintain some sort of a balance between different uses? Does this rezoning impact cause any concerns? McCartney says regarding the PZCD-I specifically states that all industrial standards are allowed. The only difference at CTC in Industrial is permit by right such as restaurant which is allowed as a SRU. This property would allow for a restaurant use. The applicant has been the owner throughout this history, so perhaps the applicant can answer your question. Applicant Presentation: Jim Vasbinder, Etkin Johnson Real Estate Group, 1512 Larimer Street, Suite 325, Denver, CO Vasbinder pulls up an overhead aerial. We have two items on this particular property that we are asking you to review and approve. One is the rezoning. Vasbinder says the rezoning goes back to 1976 when a portion of CTC when it was annexed into the City was designated as commercial. Etkin Johnson has been actively involved with a partner or ourselves since 1997. We have never seen one commercial use was a viable use that we actually got to the point where "let's do a deal." We have been very successful with our industrial projects in CTC. We are approaching 900,000 sf, and with this building, we will be over 1,000,000 sf. We have been blessed over the last 2 to 2.5 years that before it is finished, the building is leased. A lot of this is market conditions but we really attribute it to two things: the climate that the City of Louisville and the County of Boulder has created; and our product because our buildings are well received and very flexible. We can put lots of different users in these boxes. We have hi -tech companies, food processing companies, and graphic packaging. All of these companies bring a great amount of vitality and income to us as well as the City and the region. The 2000 Taylor building is similar to the building across the street. The recently completed building to the west is