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cityOf LOUISVILLE REVITALIZATION <br />Louisville COMMISSION <br />COLORADO • SINCE 1878 <br />SUBJECT: STAFF UPDATES <br />DATE: SEPTEMBER 14, 2022 <br />PRESENTED BY: AUSTIN BROWN, ECONOMIC VITALITY SPECIALIST <br />SUMMARY: <br />In the following, staff provides business and property updates related to activity within <br />the Highway 42 Urban Renewal Area. <br />Recent Business Openings & Closings <br />Scherer Violin Shop has opened at 844 Main Street, Suite 103. Scherer Violin Shop <br />was previously a home -based business that was impacted by the Marshall Fire. <br />Modern Folklore opened at 844 Main Street, Suite 102. Modern Folklore is an artisan - <br />driven retail shop aiming to support independent artisans and local makers. <br />Bricks and Minifgs opened for business at 1387 E South Boulder Road. Bricks and <br />Minifigs sells new and used LEGO sets, as well as other accessories. <br />Business Assistance Program (BAP) <br />In 2022, City Council created a new administrative approval process for Business <br />Assistance Agreements. The administrative process allows for assistance, estimated at <br />less than $50,000, to be approved by the City Manager rather than through a public <br />hearing. Staff will provide interim updates to City Council on administrative approvals. <br />Recent approvals include: <br />• The Fitness Team LLC (DBA The Exercise Coach) for a new business at 1075 E. <br />South Boulder Road; <br />• Scherer Violin Shop converting a home -based business to a brick -and -mortar <br />location at 844 Main Street, Suite 103; <br />• The Simon LLC (DBA The Simon) for a new business at 957 Main Street; and <br />• Modern Folklore, Itd (DBA Modern Folklore) for a new retail shop at 844 Main <br />Street, Suite 102. <br />Agena Packet P. 11 <br />