Economic Vitality Committee Agenda and Packet 2024 06 21

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cityOf ECONOMIC VITALITY COMMITTEE Louisville COLORADO • SINCE 1878 SUBJECT: DEVELOPMENT UPDATES DATE: JUNE 11, 2024 PRESENTED BY: VANESSA ZARATE, CECD, ECONOMIC VITALITY MANAGER SUMMARY: UPDATE In the following, Staff provides updates on recent activity related to construction and development. These updates are for the most frequently asked about sites and not for every site in a review process or under construction. All updates and timeframes are subject to change. Site Update 785 E South Boulder Road (former Shamrock is making progress on their Alfalfa's) construction. They have a planned grand opening on Thursday, July 18th. Doors open to the public at 7a and there will be a ribbon cutting at 10a. 800-804 Main Street (former Wildwood The site is undergoing a Historic Guitars) Structure Assessment. No new updates. 809 Main Street (old Waterloo) Project continues construction work to the building, including utility and infrastructure work. The site is working with interested tenants, such as restaurants. No lease signed to date. 816 Main Street (former Empire) The site continues to be marketed to potential new users. Staff is working with ownership to market to potential new owners. 833 Main Street (former Chase) The City has signed a lease with the property ownership to rent the parking spaces for public use for the patio season. The lot will be re -stripped and signs installed to direct traffic. Parking maps are also being updated to indicate the site as seasonal public parking. 950 Spruce Street (Live -Work Units) Project is under construction to create additional live -work units. 947 Pine Street (former gas station) Plans call for renovation into Birdie Bar, an eatertainment use with a bar/restaurant and simulated (virtual) golf games.