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Economic Vitality Committee Agenda and Packet 2024 08 16
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Economic Vitality Committee Agenda and Packet 2024 08 16
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8/27/2024 1:41:42 PM
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City Council Records
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8/16/2024
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Boards Commissions Committees Records
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8/27/2024
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CU Boulder closed on the $10 million, 8.85-acre Louisville property in May that <br />was the site of a Regal Cinebarre movie theater on the northwest corner of U.S. 36 <br />and McCaslin Boulevard. CU Boulder plans to build housing on the site for faculty, <br />staff and students with potential retail spaces and other amenities. <br />Louisville residents Byron Boone and Heather Boone attended the session out of <br />curiosity. They live roughly a mile away from the Cinebarre site. <br />"We have a lot of empty retail space so it would be nice to see that filled again, <br />maybe as a result of this project," Heather Boone said. <br />CU Boulder estimates roughly 200 students and 600 faculty and staff live in <br />Louisville already. <br />"We know a lot of folks who already work in Boulder, at CU," Byron Boone said. <br />"And they're great families, so I think it would be really neat to have a place for <br />more of them. It'll add more young people, more young families to Louisville and <br />that's always exciting." <br />Some residents expressed concerns about the development. There were questions <br />about the density of the housing and possible high-rise buildings. <br />"I'm really excited to have CU Boulder up here, I think that's a great connection," <br />Carpenter said. "Curiosity, I think, is a big thing of do they have any plans of what <br />they want to do with it, and maybe just a tiny bit of concern about is it going to be <br />really dense, is it a 30-story tower they want to put up?" <br />d'Andre Willis, CU Boulder's assistant vice chancellor for planning and design, <br />said there's no plan yet for housing density or the height of any structure. Willis <br />said CU Boulder is in the early stages of the project and wants to incorporate input <br />from the public in planning and design. <br />Concerns also included increased traffic, environmental impact and potentially <br />overloading the RTD bus system. Residents expressed the desire for green spaces, <br />revitalization of retail space and affordability. <br />Willis said CU Boulder has not determined whether the property will be <br />developed as affordable housing. <br />"I think there's a lot of potential," Byron Boone said, adding, "I think it's important <br />to aet this right:' <br />
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