Business Retention and Development Committee Agenda and Packet 2014 02 03

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Business Retention & Development Committee Meeting Minutes January 6, 2014 Page 3 of 4 not care about jurisdictional boundaries. He suggested developing an electronic brochure that is easily editable. He believes the real return on investment is New ownership at the King Sooper Plaza Areas around Steel Ranch Former Sam’s Club site e-brochure Commissioner Reichenberg said we need a roadmap. He suggested creating a roundtable of brokers to determine strengths and weaknesses. We need to listen to brokers because they know what developers are looking for. Mike Kranzdorf thinks bringing brokers in for a discussion is a good idea. Reichenberg suggested holding the roundtable once per year to keep in touch with trends. Menaker suggested cold-calling is very challenging. Dalton said to develop the map first, then cold-call if needed. Mayor Muckle suggested City Council would be very interested in a plan/road map. Commissioner Angell offered the Chambers assistance in organizing the roundtable. Commissioner Tienken said we need to prepare the questions. Chair Dalton asked if the Committee was ready to move forward with the roundtable and by voice affirmation, the Committee approved. SUPERIOR TOWN CENTER MEETING RECAP: Chair Dalton reported that City Council held a joint meeting with the Town of Superior. Superior presented their plan for the Superior Town Center. Louisville City Council said Superior must comply with the 1997 IGA. Superior believes they are. Louisville asked that the requirement for 250,000 sq ft of retail be explicitly called out in the Superior Town Center plan. Dalton noted that Superior has not asked the City of Louisville to renegotiate the IGA. The enforcement mechanism is unknown. SMALL AREA PLANS 2014 The first Small Area Plan will be South Boulder Road. March is the expected kick off month for public meetings. McCaslin/Centennial Valley will start in July. RETENTION MEETINGS: Hope Foods – DeJong and Reichenberg visited. Hope Foods has a lot of room to grow. They are at approximately 30% capacity with 30 employees. CoBiz Bank – DeJong visited. CoBiz Bank does commercial lending for the state. They like being in Centennial Valley. Marketforce - DeJong and Tammy Milano visited. The owner really likes being in Centennial Valley and is very busy. F5 Networks – DeJong visited. They are planning to expand. ECONOMIC DEVELOPMENT BRIEFING: Former Sam’s Club is under contract. The buyer is looking for retail tenants. Expected closing is early February 2014. 4