City Council Minutes 2016 01 19 - Laserfiche WebLink

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City Council Special Meeting Minutes January 19, 2016 Page 6 of 25 GDP and the 2 -3 stories are compliant with the Comp Plan. The commercial component includes office; neighborhood retail; flex artisan space; close proximity to the roadway and complies with the CDDSG and Comp Plan. Original Architecture: Height - 30 feet; Architecture 2nd Submittal - Commercial — 28.5 feet in height; 2 -story and 17,850 SF. Residential: 32 units (24 age- restricted, 55 years and older and 8 non - restricted units); 35 feet maximum height; buffer between commercial and existing residential. Boulder Valley School District estimates 8 unrestricted units will result in 1 student at LES, 0 students at LMS, and 1 student at Monarch High. Residential Parking: 64 spaces (2 per unit) and enclosed garage spaces are compliant with the Louisville Municipal Code. Commercial Parking: 165 spaces. CDDSG requires 4.5 spaces per 1,000 SF — 5.16 spaces per 1,000 SF if measured at 85% GLA (31,960 SF), 4.4 spaces per 1,000 SF at 37,600 SF (6 spaces Tess than required). Waiver approved through LMC for multi- tenant reduction, public easement in excess of Public Land Dedication and exceptional design. Landscaping: Waiver requested to reduce amount of street due to existing easements and powerlines. Staff believes altematives can be achieved by speaking with easement owners. Applicant will continue to work with staff on final tree placement. Staff recommendation: Staff recommended approval of Ordinance Nos. 1712 and 1713, Series 2016 and Resolution No. 3, Series 2016 with the following conditions: 1. The 24 age restricted condominiums shall be for ages 55 and older. The 55 years and older age restriction shall be placed on the deed of each age restricted unit and shall also be included in the subdivision agreement and a covenant agreement enforceable by the City of Louisville. 2. Staff recommends the wall signs of the In -line building, shown as vertical address numbers, be removed from the PUD and all wall signs must comply with Chapter 7 of the CDDSG and Chapter 17.24 of the LMC. 3. The applicant shall continue to work with the Parks Department on the type and location of additional trees along Highway 42, prior to recordation. 4. The applicant shall continue to work with the Public Works Department on the items listed in the October 25, 2015 memo. Each item shall be completed prior to recordation. 5. Residential and Commercial Development shall be constructed concurrently. APPLICANT PRESENTATION Justin McClure, RMCS, 2100 Sunset Drive, Longmont, CO presented the Foundry Development proposal. He stated in his mind Steel Ranch is an unfinished project. He wanted to complete the project in a quality way and is sensitive to the residents concern relative to more residential development. He explained to complete the project there is