Planning Commission Minutes 2017 01 12

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Planning Commission Meeting Minutes January 12, 2017 Page 9 of 29 Anything being proposed should not impact the open space and open for recreation, as well as serving its drainage function. Sheets says this building should have approximately 480 spaces based on the 120,000 SF. There are 325 spaces to be provided and 26 spaces extra from other building. We are still lacking 129 spaces. Zuccaro says cities struggle with this balance. What is the right ratio and still have flexibility when it warrants? You don't want spillover into neighborhoods or public streets. Applicant Presentation: Todd Twombly, Tritower Investment Group, TGF Coal Creek Property, LLC, 60 State Street, 22nd Floor, Boston, MA 02109 We acquired these assets in October 2015. Medtronic occupies 116,000 SF across two buildings. We own three buildings but not Premier Credit Union and Residence Inn Louisville. Medtronic is our largest tenant in these three buildings and is the second largest employer in Louisville. They have been here for 15 years and are entrenched in the community. When we bought the building, Medtronic had three years left on their lease. They now have 18 months left. We want to keep Medtronic in our buildings in Louisville. If they do not have the ability to expand, they may leave Louisville. Currently, this is home to their surgical GPS navigation devices and an imaging center. They build O-arms that take a map of the body. They do testing and training on these surgical devices. In surgery, doctors use them and are guided by GPS. These buildings are not typical, dense -packed call centers such as Verizon. 60% of the space is typical cubicles and hard -walled offices. The rest is mock operation suites similar to those seen at a hospital. They fly doctors in from around the world to train them on using the devices. The other primary use is as a support center. Every surgical tool and device in practice in the field has its own support center. We are asking for these waivers so we can ask Medtronic to commit long term to these buildings and to Louisville. To answer your question about future uses, the reality is companies who require high parking totals will not look at these buildings. Joseph Leer, Davis Partnership Architects, 2901 Blake Street, Suite 100, Denver, CO 80205 Regarding the open space density waiver requested, in the business park PUD, there is transferability of density. Of the three parcels that Tritower owns, there is surplus open space or lack of density on Lot 5 of 6%, and Lots 2 and 6 of about 2%. If we can transfer that density overall, we do meet the density of 70% maximum and open space of 30% minimum for the entire PUD. This is not the case for the individual lot itself, but we think this is a reasonable request, considering that Parcel B is dedicated to 100% open space. Regarding parking, the BRT station is under'/2 mile from our site. There are two bike trails that are adjacent to the site. There are alternative transportation opportunities which add to the site. Overall, neighboring municipalities work to reduce parking requirements and we see it as a general movement throughout the industry. We've seen it in our development partners who are accepting lower parking ratios. As we become denser and more aware of sustainability and alternative transportation, it has become more favorable. Institute of Transportation Engineers (ITE) is a national standard that traffic analysis engineers use as a baseline. Their average for parking for a building of this size is 343 spaces. We think this is why this is a reasonable request for parking reduction. For the total development with three parcels through the shared parking agreement, there is a surplus currently of 26 spaces. This is not part of the 2.7 spaces/1000 SF count. Regarding the setback waivers for parking along the conservation easement and Parcel B, the distance from the edge of Highway 36 to the property line is approximately 150'. From the neighboring property, it is 40'-50' to their property line, and they have an additional 40' before their parking starts. Because the Highway 36 ROW widens at this point, we think it is a reasonable request to reduce the 40' setback down to 10', particularly in consideration that it is a small section of the property line. This will also be the 8 parking spaces dedicated to public parking for trail access. There is enhanced trail access to the east of the site. Commission Questions of Applicant: