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Planning Commission <br />Staff Report <br />December 13, 2012 <br />3 <br />acres – the total square footage of the <br />commercial area is unknown at this time <br />Total # of residential units to be built: 302 <br />Total # of residential homes currently built or permitted: 45 homes <br />Total acreage of Commercial area: 21.35 <br />Steel Ranch Marketplace <br />Traffic Signal at Paschal and Highway 42 <br />Paschal and Highway 42 is the intersection which provides access to three new <br />residential subdivisions: Steel Ranch, North End and Indian Peaks Filing 17. The m <br />drive for Indian Peaks Filing 17 runs north to south, from Baseline (on the north) to <br />Paschal on the south. The City of Louisville has a Traffic Signal budgeted for 2013 at <br />the intersection of Highway 42 and Paschal. Through discussions with CDOT, a tr <br />signal may be installed as long as the traffic at the intersection warrants a signal. <br />According to CDOT this intersection is close to warranting the s <br />ain <br />affic <br />ignal but there needs to <br />e an additional 1,000 trips per day through the intersection. <br />ant to provide the City of Louisville with an updated traffic count for <br />DOT to review. <br />f <br />b <br />The City of Louisville will continue discussions with CDOT to ensure the installation of <br />the traffic signal will begin as soon as CDOT determines the signal is warranted. Staff <br />requires the applic <br />C <br />Gateway Sign <br />The intersection of Highway 42 and Paschal Drive is the northern gateway to the City o <br />Louisville. Tract R is dedicated to the City of Louisville and is located in the northeast <br />corner of the subject property. Tract R was dedicated when Takoda Subdivision was <br />Traffic Signal <br />Indian Peaks <br />Filing 17 <br />Lafayette) <br />Commercial <br />Co <br />m <br />m <br />e <br />r <br />c <br />i <br />a <br />l <br />Steel Ranch <br />Louisville)