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Planning Commission <br />Meeting Minutes <br />January 24, 2013 <br />Page 7 of 44 <br />City as well. The Plan provides clear policies to guide redevelopment as the McCaslin91 <br />Boulevard and South Boulder Road corridors age and as infill residential rehabilitation92 <br />pressures continue to increase in all established residential neighborhoods. 93 <br />94 <br />b. Regional traffic and City transportation policy – As new development continues in95 <br />surrounding jJurisdictions, Louisville will experience a decreasing share of local traffic96 <br />on its street network. Future transportation investments in the City will be challenged to97 <br />accommodate demands for regional traffic mobility and at the same time address98 <br />livability and economic viability concerns within Louisville. 99 <br />100 <br />The City’sLouisville’s new transportation policies and regulations reflect those ofwere101 <br />designed for an expanding community communityare consistent with a community that102 <br />is , and do not adequately address the realities of a landlocked and redeveloping City. 103 <br />and not consistent with realities of a community continuing to expand. 104 <br />105 <br />The City’s transportation regulations have begun to shifted away from a focus on106 <br />regional mobility concerns designed to accommodate vehicular traffic, roadway107 <br />capacity, and safety features for higher speeds environments. Louisville’s new108 <br />transportation priorities are nowwill be aligned with multimodal transportation, roadway109 <br />efficiency, property access, and safety features for slower speed environments similar110 <br />to those within Louisville. 111 <br />112 <br />This Comprehensive Plan recognizes the inherent conflicts between regional mobility113 <br />needs, local property access and quality of life requirements, and aims to provide114 <br />providing a balance in between community and transportation policies to which115 <br />effectively guide future investments within Louisville. 116 <br />117 <br />c. The economy and realities of retail growth – The downturn in the economy since118 <br />2008 and the new realities of regional retail competition, access/visibility of retail sites119 <br />and new retailing practices require more community based approach to economic120 <br />development and future sales tax revenues. 121 <br />122 <br />Revenue generating regional retail development has moved into adjacent communities123 <br />of Broomfield, Superior, and Lafayette. Future retail growth trends suggest a continued124 <br />consolidation and shift in retail away from Louisville, particularly toward communities125 <br />along the US 36 and the I-25 North corridor. The McCaslin Boulevard Corridor south of126 <br />Cherry Street remains attractive to regional retail opportunities. However, the form of127 <br />regional retail has changed significantly since the early 1990s and the original128 <br />Centennial Valley development approval. 129 <br />130 <br />This Comprehensive Plan addresses the evolving pattern of regional retail opportunities131 <br />near US 36 and the general shifting of regional retail opportunities to formulate guiding132 <br />policies which ensure the City’s future fiscal and economic health. 133 <br />134