City Council Study Session Agenda and Packet 2008 02 26

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Industrial Area - 24 tot al acres Low Densi Mid Densi Hi h Densi Densi 15 du / ac 30 du / ac 50 du / ac 10 residential acres 150 units 300 units 500 units 10 commercial acres 0 units 150 units 300 units 4 acre for station 0 0 0 Subtotal 150 units 450 units 800 units South Boulder Road Di strict -10 acres Low Densi Mid Densi Hi h Densi Densi 15 du / ac 30 du / ac 50 du / ac 5 residential acres 75 units 150 units 250 units 5 commercial acres 0 units 75 units 150 units Subtotal 75 units 225 units 400 units TOTAL 225 units 675 units 1200 units Opportunity Area # 3 Opportunity Area # 3 is a strategic area which should continue to be a key employment center for the City of Louisville. This area will provide adequate land supply for the development of light to medium industrial and business park uses. Key policy direction for the area reinforces the need to have strong urban design standards to maintain and promote the employment park as an attractive and positive business environment. Also, there should be a range of professional and retail services that are complimentary to and support the employees of the park. Opportunity Area # 4 Opportunity Area #4 opens with the following policy: Policy LU-4.4: Opportunity Area # 4 is unique in that it is a sub area of the City which contains vital community facilities that provide principal service relationships to Louisville and the region. The sub area will also be characterized by redevelopment and the introduction of new land uses. Consideration should be given to the following principles and policies in the integration of uses which maintain service standards, a community identity, and a positive fiscal impact on Louisville: Policy direction of the Plan reflects that destination venues anti non-residential land uses should be a priority for the area, and that such uses would be an appropriate gateway to Louisville. Residential is also addressed and would be consistent with redevelopment to the extent that the form and density is consistent with a high degree of Walkability and multi-modal connectivity. The Framework Map reflects a residential acreage of approximately 22 acres in the Opportunity Area, resulting in an estimated 175 medium density units located adjacent to the existing Health Park and Monarch Campus. Non residential acreages reflect a total of 268 acres for commercial retail and commercial office. The Opportunity Area recommends for regional retail development approximate to the intersection of Tape Drive and So. 96"' Strf;et. There is also a total of 100 acres allocated to open space and parks. No development applications have been received for this opportunity area.