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corridor. The Small Area Plan allows a mix of retail, office and residential uses and <br />reduces the allowed heights to one and two stories. <br />The GDP is consistent with both plans as it does not contemplate changes in the <br />allowed land use mix. Additionally, the reduction in the height allowance from 35' to 30' <br />supports the height policy in the Small Area Plan. The Small Area Plan includes further <br />language about height and viewsheds along corridors. At the time of PUD, these <br />policies will be further evaluated when the specific design is under review. <br />Commercial Uses <br />Both the comprehensive plan and the Small Area Plan push commercial development <br />toward the corridors and anticipate neighborhood scale development, including office <br />and retail. The Small Area Plan principles discuss allowing flexibility to respond to <br />market supported uses and to provide incentives for desired uses and also supports a <br />mix with positive fiscal benefits. <br />Housing and Density <br />The GDP supports housing policies within the comprehensive plan, including: <br />PRINCIPLE NH-5. There should be a mix of housing types and pricing to <br />meet changing economic, social, and multigenerational needs of those <br />who reside, and would like to reside, in Louisville. <br />Policy NH-5.1: Housing should meet the needs of seniors, empty - <br />nesters, disabled, renters, first time home -buyers and all others by <br />ensuring a variety of housing types, prices, and styles are created <br />and maintained. <br />This development will be subject to the recently adopted Inclusionary Housing <br />ordinance, which furthers the city's goal for increasing affordable housing within the city. <br />Staff also finds the additional density allows residential development that meets the <br />principles and policy above. For comparison, within the area average densities are as <br />follows: <br />Development <br />Total Units <br />DUs I Acre <br />Steel Ranch Townhomes (The Overlook) <br />58 <br />8.9 <br />Steel Ranch Apartments (North Main at Steel Ranch) <br />228 <br />24.2 <br />Steel Ranch Patio Homes <br />38 <br />5.5 <br />Steel Ranch Single Family <br />114 <br />3.23 <br />Lanterns <br />24 <br />6.3 <br />The Foundry — current PUD <br />32 <br />5.5 <br />The Foundry — proposed GDP <br />59 <br />10.2 <br />Staff finds that the proposed residential density is compatible with the area and will not <br />result in negative impacts to the surrounding area. As described above, the traffic <br />generated from the site will not result in negative impacts on the surrounding area due <br />Foundry GDP Amendment Page 8 of 12 <br />PC — August 12, 2021 <br />17 <br />