Open Space Advisory Board Agenda and Packet 2025 10 08

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LCity,/ Louisville COLORADO • SINCE 1878 ITEM: PREPARED BY: PRESENTED BY: REQUEST: Open Space Advisory Board Staff Report October 8, 2025 PUPL-000525-2024— 1155 Pine Street Planned Unit Development and Subdivision Plat Matt Post, Senior Planner Emily Cline -Gibson, Planner II Approval of Resolution 02, Series 2025 recommending to the City Council approval of a fee in lieu of the twelve percent dedication of land required for public purposes when a property is subdivided SUMMARY: The applicant, Travis Ramos, has submitted a Planned Unit Development (PUD) and Subdivision Plat application for the property located at 1155 Pine Street to establish a live -work use on the subject property. The property is located within the Commercial Community (C-C) zone district and is subject to the Downtown Design Handbook regulations. A PUD is required for all new development within commercially zoned areas of the City and allows for the review of a proposed project, with elements including building siting and design, overall site design, landscaping, utilities, grading and drainage. Because the property is currently unplatted, the applicant is also required to formally plat the property through the Subdivision Plat process. Louisville Municipal Code (LMC) Sec. 16.16.060 (Public sites and dedications), requires that properties which have not been previously subdivided dedicate land for public purposes. For commercial properties, at least twelve percent (12%) of the total land area being subdivided shall be dedicated. If appropriate, the City may accept a cash payment in lieu of land dedication, equal in value to twelve percent (12%) of the appraised value. Specific to the Open Space Advisory Board's (OSAB) review authority, the board shall serve in an advisory capacity to review and make recommendations to the City Council on matters related to open space, including the review of Subdivision Plat applications that include public use dedications or cash in lieu of public land dedications pursuant to LMC Sec. 16.16.160. BACKGROUND The property at 1155 Pine Street is a 9,812 square -foot, unplatted lot developed with a single-family home and railcars as accessory structures. It is prominently located at the corner of Pine Street and Highway 42, which serves as a key gateway into Downtown Louisville, and is adjacent to a small parcel maintained by the City as a park. The site is within the Commercial Community (C-C) Zoning District and within the easternmost portion of Downtown Louisville. 1