Business Retention and Development Committee Agenda and Packet 2015 06 01

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Business Retention & Development Committee Meeting Minutes May 4, 2015 Page 4 of 5 • Things will change over time but there is no big worry right now. Happy to hear Sam's Club is looking at retail first. • Encouraged that Koebel is listening to the community. How can we encourage commercial office activity? • Signage /landscaping How can city capitalize on what is happening on US36 /BRT station? • Put things close to it • Over pass over McCaslin Economic Development Director DeJong is skeptical people will take the bus to go shopping. Director Russ said people may take the bus if it is a vibrant area. Some retail users would like to be at the theater area. Competition will yield the best results. Have you heard from tenants they would like improvements ?: • Need an area to have an event. • Public Space to extend the day. Need access. There is a great opportunity there. • John Benedetti said the Chamber tried for 2 years to plan an event there. There is no park for gathering. Merchants lost interest. • Director Russ said strategic residential gets more dollars all day. These events make up for loss of residential. Need better space. Small Area Plan shows deficiencies What is the one thing missing from Centennial Valley that would be a positive change ?: • Take half of McCaslin parkway out • Create a park • Centennial Valley not cohesive • New lighting What obstacles do you see limiting activity ?: • Business group was tried — didn't work. • Metro district to fund improvements Director Russ said the challenge is our desire for mobility. Signal near Lamar's would provide access but change mobility. Right in -Right out at Colony Square improves access, but changes mobility. Do you think Superior Town Center help or hurt ?: • If we don't take advantage of getting ahead of Superior, we will lose to them. Timing is related to taking advantage of Superior Town Center.