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PARCEL
<br />AREA
<br />EXISTING
<br />RETAIL
<br />ALLOWED
<br />OFFICE RETAIL
<br />Home Depot
<br />437,416
<br />131,100
<br />262,450 131,225
<br />Movie Theater
<br />399,184
<br />53,742
<br />239,510 119,755
<br />Hotel
<br />92,284
<br />29,960
<br />55,370 27,685
<br />Colony Square
<br />214,390
<br />48,913
<br />128,634 64,317
<br />Northwest shops
<br />50,089
<br />11,417
<br />30,053 15,027
<br />Southwest shops
<br />73,747
<br />17,332
<br />44,248 22,124
<br />Southeast shops
<br />45,018
<br />11,751
<br />27,011 13,505
<br />Northeast shops
<br />45,536
<br />8,413
<br />27,322 13,661
<br />TOTAL
<br />1,143, 274
<br />263,715
<br />685,964 342,982
<br />Difference 685,964 79,267
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<br />;Pi 91 if fOS
<br />URBAN CENTER OVERVIEW
<br />McCaslin Blvd. Urban Center will serve as Louisville's focal point for a regionally
<br />significant commercial activity. Future public and private investments are
<br />needed to transform this area from a dated single purpose auto - oriented
<br />retail center, to a walkable mixed -use, fiscally positve, transit supportive
<br />environment with public infrastructure that allows land uses to evolve over time.
<br />SOUTHWEST QUADRANT'S ASSIGNMENT
<br />Master plan the entire 16.2 acre study area, building upon the Bus Rapid Transit
<br />(BRT), to provide a higher intensity mix of compatible land uses with quality
<br />connections to transit, McCaslin Blvd., and the rest of the urban center while
<br />meeting the following objectives:
<br />1) Provide an interconnected street network and walkable block structure.
<br />2) Introduce a mixture of higher intensity of non - residential land uses
<br />consistent with the following development scenarios.
<br />a. Retain the hotel and Colony Square - Master plan the
<br />redevelopment of Home Depot and the movie theater by adding
<br />up to 250k sf of retail and 500k sf of office.
<br />b. Retain Home Depot - Master plan the redevelopment of the
<br />hotel, Colony Square and the movie theater by adding up to 460k
<br />sf of retail and 420k sf of office.
<br />c. Retain the movie theater - Master plan the redevelopment of the
<br />hotel, Colony Square and Home Depot by adding up to 220k sf of
<br />retail and 445k sf of office.
<br />3) New buildings should be 2 -3 stories. A 4th story could be allowed only if
<br />view sheds are preserved, shading impacts are mitigated, and the public
<br />realm is not adversely impacted.
<br />4) New buildings should be designed for the pedestrian with the ground
<br />floors oriented towards the street and activated with retail / commercial
<br />uses.
<br />5) New building's should transition in scale appropriately to adjacent uses.
<br />6) Adhere to City's water quality requirements.
<br />8) Provide a parking ratio which balances best practices in transit supportive
<br />development and traditional retailing requirements.
<br />9) Provide a solution which meets RTD's access and parking requirements.
<br />9) Provide a detailed designs of a catalytic public investment (i.e. a public
<br />plaza, shared parking structure, unified storm water, retention pond /
<br />park; streetscape design, etc.) needed to motivate investors.
<br />10) Illustrate the project's phasing.
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