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<br /> <br />Pine Street Plaza <br /> <br />Address: <br /> <br />Southwest comer ofHwy. 42 and Pine Street <br /> <br />Parcel Size: <br /> <br />120,687 s.f. or 2.77 acres <br /> <br />Owners: <br /> <br />Amterre, American Legion Post Ill, City of Louisville, Umberto's <br /> <br />Current Zoning: <br /> <br />Community Commercial <br /> <br />Anchor Tenants: <br /> <br />Mile High Appliance, American Legion Hall, Misc small <br />businesses, auto dealer, <br /> <br />Existing Building Sizes: <br /> <br />o American Legion- 15,000 s.f. <br />1& Amterre-9,040 s.f. <br /> <br />Property Attributes: <br /> <br />1'* At the main intersection (gateway) to downtown Louisville from Hwy. 42 <br />\') Traffic counts: <br />o 10,237 vehicles per day on Hwy. 42 <br />o 4,595 vehicles per day on Pine Street <br />o In an urban renewal area <br /> <br />Property Challenges: <br /> <br />o Small site <br />e Multiple ownerships with different interests <br />\11 Long term lease with current tenant <br />o Access issues in and out of the site <br />o Traffic backups currently occur from Hwy. 42 to Pine Street and could get worse <br />with greater rail use <br />o In an existing flood plain <br />o Proximity to rail creates could cause noise and vibration <br /> <br />17 <br />