Business Retention and Development Committee Agenda and Packet 2010 11 01

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BRaD Meeting Summary October 4, 2010 Page 2 of 2 REPORT FROM COMMITTEE ON CTC TRAIL CONNECTION – Rob Lathrop reported the original work plan for this committee was to look at a trail connection from CTC and from Conoco Phillips, however, to combine the two purposes make it more complicated. Each project will be worked on separately. Rob presented to the Committee four possible options for constructing a trail from CTC that would connect with the Coal Creek Trail and downtown Louisville. Three out of the four options would require working with CDOT or private property owners. Scott Reichenberg, of CTC Metro District, will present these options to the CTC Metro District to get their feedback. Rob plans to review these trail options with the Parks and Recreation, Open Space Division, and will report back to BRAD as the work progresses. Troy Russ, Planning Director, reminded the group the Parks and Recreation Department is currently working on a comprehensive master plan. He suggested that if BRAD wishes to endorse this CTC trail connection that comments and suggestions should be incorporated into the master plan process. RETENTION VISITS OVERVIEW: ImagineNation – Received a BAP from the City. Their business is book sales, and schools are their biggest market. The company employs approximately 85 people and is housed in 25,000 square feet of office space in Centennial Valley. Very nice work environment and they like their location as its close to restaurants. Mountainside Medical – company located in Centennial Valley; contract manufacturer for medical devices, has a state-of-the art metal shop. Employs a skilled workforce, good team environment and likes being in Louisville. Company employs approximately 17 people working over 3 shifts, six days per week. Concerned about Use Tax, company needs a faster Comcast connection and City staff is following up on this issue. Idol Minds – originally from Boulder where they were located in the Flatirons Park—moved to Louisville for more reasonably priced office space. Company currently employs 35 people in 17,000 square feet of space in Centennial Valley. They like their location as it’s close to restaurants. Some of their employees commute using US36. City staff encouraged them to contact US36 Commuting Solutions. SEPTEMBER ECONOMIC DEVELOPMENT BRIEFING: Takoda - Historic Preservation Commission (HPC) approved the demolition permit for the one remaining structure on this property. All the Best – store will be closing. Bittersweet Gallery – two artists opening up an art gallery in the old Marketplace Bakery location.