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 5 of 5 Regarding the former Sam's Club: would it be better to fill the box or redevelop? Filling the box is probably best option if we don't change residential. Redevelopment is a longer play. The Urban Renewal process is underway. Commissioner Tienken asked for an update on the former Sam's Club. City Manager Malcolm Fleming said there is definite interest in one tenant. Hearing consistently there is interest. The roadblock is the restrictive covenants. Everyone would like to see a deal. How much support is there for a park in that area? • Council member Lipton said he doesn't think it will give us the result we want. • Michael Menaker — what about putting a water park there? • Council member Lipton said we need to focus on what supports retail. Randy Caranci asked about a church occupying the former Sam's Club saying Flatirons Church draws people to Lafayette. Their sales tax has increased. We move too slow. Lafayette is very aggressive right now. RETENTION MEETINGS • Via Toscana — Council member Loo and DeJong visited. Via Toscana representatives said it took a long time to recover from the recession. They closed in the patio; people didn't like sitting on the parking lot. They feel they have difficulty promoting their image because they are in a strip mall. Getting the landlord to pay attention to them is trying. Finding employees has been ok. • Hobby Lobby — Aaron talked to Manager. Things are good, sales are up. ARC has brought in traffic. New housing has increased business. Custom framing has increased dramatically. • Burger King - Aaron met with district manager. Sales are noticeably up. New housing brought in business. Construction workers have increased business. REPORT FROM COMMITTEE MEMBERS: In the next council packet is an interesting BAP for McCaslin Retail, LLC at 994 Dillon. We have given permission for right in /right out. ITEMS FOR THE NEXT AGENDA: CU Student studio for BRT Station Discussion of cancelling July BRaD meeting ADJOURN — The meeting adjourned at 9:34 am.