Planning Commission Minutes 2015 08 13

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Planning Commission Meeting Minutes August 13, 2015 Page 18 of 22 133,000 sf and Fenix, a European company, has leased it 100%. The building running north - south built 11-12 years ago is Fresca Foods who now occupies two buildings. We have submitted to the City for another $2.5 million in tenant improvements for Fresca Foods for additional manufacturing facilities on 1775 Cherry. The 2000 Taylor building mimics the Fenix building. Our first rendering has been revised after comments from Public Works and Planning and is included in your packet. One issue, because these buildings are very long, is grading issues. The first grading plan submitted to the City came back with comments to reduce it. There used to be another entrance at CTC Blvd. We eliminated that entrance, and were able to drop the entire site elevation by 3'. This had a positive impact at 1041" in that the building came down. Based on the drawings we have submitted, we have been approached by a very large user to potentially lease the majority of this building. It is another food manufacturing company that is currently in the Boulder market but wants to expand substantially. Our impact here is that we try to minimize our off -site improvements and impacts along streets. As we built CTC with our partner in the Metro District, we tried to take into account as many of the variables we could and today, all of us are seeing the benefits of it. If you drive south on 104th, the City's new service center is being constructed. We see this as a very positive situation. Coincidentally, this building with permits and use tax and tap fees, just for the core and cell, will be about $1 million of fees. Depending on what tenant occupies the building, the fees have an increased value in permits. We are asking for your consideration of our request in both the rezoning and the PUD. If, in fact, you are of a mind to grant us with the approval, we are prepared to go forth with the building and get into the City for building permits to start construction this year. There are some remarks about what we are doing with the property today. Currently, there is a large stockpile of dirt. We are approaching 25' in height. We were able to enter into a transaction with Ames, the general contractor building the majority of the 36 Corridor. We are providing them with a site for excess material bringing off Highway 36 to store. We need it to build this facility. We did make an application to the City, paid permits, and have erosion control measures in hand. Commission Questions of Applicant: Tengler asks compared to the Fenix building, what is the size of this building? Is it similar? Vasbinder says this is about 120,000 sf and the other building is 133,000 sf. They are very close. Depth of the building and length are very similar. Public Comment: None. Summary and request by Staff and Applicant: Staff recommends Planning Commission approve. Applicant none. Closed Public Hearing and discussion by Commission: Tengler in support. Tengler suggests that the "signage requirements issue" be considered and put on the agenda. Moline in support. O'Connell in support. Russell in support. Rice in support. Motion made by Russell 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 GDP for a rezoning from PCZD-C, to PCZD-I, and a final planned unit development (PUD) plan for a 120,877 SF single story Industrial/Flex building with associated site improvements at Lot 1, Block 4, the Business Center at CTC, seconded by O'Connell. Roll call vote. Name Vote Chris Pritchard Yes Jeff Moline Yes Ann O'Connell Yes