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• SUBJECT: 2012 COMPREHENSIVE PLAN FRAMEWORK <br /> DATE: DECEMBER 18, 2012 PAGE 7 OF 23 <br /> Existing Land Use Base Option 2 <br /> Retail 1,401,281 SF 1,712,615 SF 311,334 SF 1,881,586 SF 480,305 SF <br /> Office 1,608,285 SF 7,057,201 SF 5,448,916 SF 7,005,927 SF 5397,642 SF <br /> Industrial 2,380,013 SF 7,632,300 SF 5,252,287 SF 7,632,300 SF 5,252,287 SF <br /> SF residential (units) 6,765 U 6,931 U 166 U 6,931 U 166 U <br /> MF residential (units) 1,593 U 2,146 U 553 U 2,231 U 638 U <br /> Public Service/Institutional 206,691 SF 206,691 SF - 206,691 Sf - <br /> Agricultural 18,626 SF 18,626 SF - 18,626 SF - <br /> Open Space/Parks 50,696,337 SF 69,644,937 SF 18,948,600 SF 69,807,806 SF19,111,469 SF <br /> Population 18,376 19,991 1,615 20,179 1,803 <br /> Employment 11,708 37,129 25,420 37,333 25,625 <br /> TOTAL 30,084 57,120 27,035 57,512 27,427 <br /> Option 3 —Three Centers: The Three Centers Option builds on Option 2 by <br /> adding a third urban center on McCaslin, South of Cherry Street. This option is <br /> the first to propose a different development framework for the McCaslin and <br /> Centennial Valley areas of Louisville. The new Urban Center on McCaslin would <br /> introduce the possibility of a more walkable and mixed-use environment along <br /> McCaslin. It is important to note the new designation as an urban center would <br /> allow residential units in a traditionally commercial portion of town. However, the <br /> center designation would also allow a higher density which would minimize the <br /> potential impacts on the retail square footage. The three center option also <br /> reclassifies portions of McCaslin and Centennial Valley from suburban to urban. <br /> This reclassification would not change the allowed uses but would encourage a <br /> more walkable urban form as redevelopment occurs. <br /> CITY COUNCIL COMMUNICATION <br />