Planning Commission Agenda and Packet 2021 08 12

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Planning Objectives: - The neighborhood park from the prior plan is proposed to be maintained and developed as a central outdoor gathering area and connection point for the neighborhood. The adjacency to the commercial frontage is reinforced by changes in paving and sidewalk design to prioritize pedestrian connection of the business and park elements and catalyze activity at the neighborhood center. - Parking and the commercial access for car traffic is arranged along the Highway 42 frontage to allow for commercial visibility from the street and make the best use of the areas of the site that are less suited to residential and pedestrian uses. Circulation, Parking and Traffic: - The reduction in commercial floor area significantly reduces the amount of traffic accessing the project and associated impact on the existing neighborhood. This is very important to the adjacent community. - The overall traffic circulation and street connections defined in the previous plan remains substantially unchanged with the exception that the Kaylix Street access has been revised to a one way in connection to further reduce traffic impact on the adjacent homeowners. - Parking is provided in a mix of 2 car attached garages, parking lots serving the commercial spaces as well as nose -inn and parallel parking on the internal private streets. The on -street parking is situated to provide dispersed visitor parking and separate pedestrians using the sidewalks from traffic on the private streets to reinforce the walkable character of the development. - Dwelling units are oriented with attached parking garages accessed by internal drive lanes to create a street and alley development pattern and minimize curb cuts on the sidewalks along the internal private streets. - Multi -use connections are provided along Highway 42 and tied to the larger regional trail as well as internal pedestrian circulation and connections within the neighborhood Thank you for your time and effort to consider this proposed amendment. We are confident that this revised approach to the Foundry will provide for a successful mixed -use development while responding appropriately to market conditions and the specific needs of Louisville and the established Steel Ranch neighborhood. Allowing for the increase in needed residential units and adjustments to the commercial/residential balance will provide a strong entrance to the neighborhood and enhance the viability of the project. The proposed plan is consistent with local development trends and is supported by the adjacent community. We are looking forward to the opportunity to address any questions regarding our proposal. 25