, where they literally build these containers out and they're completely done, and then they stack up, or they're not containers, that's from how that's built, so we looked at that, that's something they're considering looking at, so I just wanted to let you know, is that something that's more substantial, or it can be a lot of work? It is highly mixed use, so a lot of they, they're just, who knows, they're moving it underground parking, very activated alley, and around the floor, and you can't pop this, do you wanna switch to presentation? And I'll give this a thank you. We do have an update for this particular project, it's been several months since we talked about it, and you'll see a much different design, I believe, than you saw in the last look, something that we've been working on for a bit, so I'll put it over to you, all of them. Thank you so, so early, it's been a wonderful partnership, I'm Valerie Roy, Deputy Director of the Boulder County Housing Authority, and Justin Lightfield is our housing developer with the Boulder County Housing Authority, but yes, the project has come a long way, and it's thanks in large part to Kimberly's participation, as well as working closely with the city planning department, and keeping Cotton's burden from burdening me, so the architects have been super busy, all but the interior and the exterior, and making some really nice public connections, right-of-way connections, both to Main Street, as well as along this awesome opportunity we have with Kauffman becoming such an amazing transit corridor, so with that, I'll turn it over to Justin. Sure, so we're gonna start with an overview of design updates here, and again, LDDA, particular Kimberly has been a large participant of what I like to call the democratic design process with the city, with the burdens, and LDDA as partners with the Boulder County Housing Authority, so I think what you see before you today is a well-redefined product that we're happy to present to you all today. We are resubmitting for site development permit this week for land entitlements, and simultaneously we're working towards building permit as well, and resubmitting in the month of March for our next work package. So, as an overview, the project is mixed use, there's a residential component that's going to have 73 homes, as we call them, 59 one-bedrooms, 10 two-bedrooms, and four three-bedrooms. For the mixed use components, on the commercial side, we have a workforce enterprise cache that is going to be on Kauffman Street side, approximately 3,000 square feet, and that's going to be an opportunity for both residents and locals to work on improving job skills and adding this experience to their resume.  There's also going to be 6,000 square feet of Boulder County offices on the alley side of this project.  So about 60% of the site will be set aside for parking garage, which will contain 260 parking spaces, which will be divided up amongst the affordable housing piece, Boulder County, the Longmont Downtown Development Authority, and our left properties as well. So four stakeholders. Existing conditions, of course, this is directly across the street from the hub between Fifth and Sixth Avenue on Kauffman Street. As you all know, it's currently a, I would say, underutilized piece of land. It is utilized as a parking lot, but of course we have to ask ourselves, is that the best use in the heart of Downtown Longmont? And that's where this project gets moving forward for the mixed use proposal. Currently on this right side here, you'll see 72 spaces that are current parking spaces for Boulder County. Below that in green are 25 spaces on site for LBDA. In that graphic, the total is actually 41. And the way we're getting that total is on street parking to the east of Kauffman will be shut down for Jersey Barriers and Pensing, as well as the southern piece to the north of the site, 10 spaces, again, for staging. This is a zero lot line development. And so what that tells is a very difficult construction procedure, I would say, where there's very limited area for storage and staging for a hard construction procedure. So that's why parking will be shut down in those areas. And of course, just to the south of the site, in the orange, 22 spaces currently for Boulder County. So this is a floor plan, it's a little bit of a culpacy on here, but that's why I gave you all handouts of what the site will look like. So it's been flipped, Kauffman Street is to the bottom here, six avenue to the left and fifth to the right-hand side. Again, approximately 40% of the site, to this left-hand side is the residential component. And to the right, this 60% will be parking garage. Now on the first floor, we have that commercial piece where, is there a laser pointer here? Do you want to show it to me? Oh, well, okay, I'll just point, good thing I'm tall. So this southern portion here is that enterprise cafe space. We're trying to build sort of a public private space where people can bring cafe tables and chairs out to that space. We're also talking about putting in garage doors that will lift up all glass. Again, to create the space that invites people into the cafe. And then just above that is the BCHA office space of 6,000 square feet. So above the commercial here is the extension of the garage that comes all the way down so approximately that line. So parking distribution, that these are some of the bulk of the questions that we get on a regular basis from LDDA and of course Boulder County as a whole. During daytime hours, they still have yet to be finalized, but you know, normal working hours of 7.30 to five or eight to five. Our residents would get approximately 30 spaces. Boulder County 85, Arlett 75 and LDDA of the city of Longmont 70 spaces. So everyone in this model and in this agreement is getting a large increase in what is currently there onsite. And the way that this works after working hours is it essentially opens up to the public. So Arlett spaces and Boulder County spaces then open up to potential parking spaces for our residents but also the greater public that is parking in downtown for evening events and going to see the businesses downtown. Just going to kind of skip through some of this. This is looking at the residential components of the elevation. We have a few draft residents that actually give a better idea of what this final building will look like. We're talking about using a variety of materials that LDDA and the burdens have assisted with and suggesting. And so on the corner here, this is Kauffman in the foreground and six to the left hand side. It's sort of this beacon or a tower feature where we're accenting that with metal panels and storefront glass that will go from floor to ceiling on the first and second floor to bring in a lot of light to both our leasing offices as well as a community space up on the second floor. We're also looking at stucco panels that you'll see reflected on the hub across the street. And some of these areas as well. And finally looking at and analyzing a material here in the middle of the building, which maybe is shipwrap material that you would find on more residential structures to give it a residential component. And on the first level, you'll see that we really tried to tie this to Main Street by bringing in a large amount of brick as well as ground face. You'll see a sample up here. So brick is sort of the main feature of the first floor with a smaller portion of, I would say, six to 12 inches of ground face that wraps around the entire building to make it pretty cohesive. Design, again, this is now looking at the second half of the building on the parking garage side. Down here on the first floor, you'll see the cafe space with those rolling garage doors that are all glass allowing people to see in and open those up when it's nice outside. And stained concrete as well to give it more character than what you would just see on a standard blank concrete facade. And this will be brought up a bit later by Kimberly or myself, the panels that we're looking at for this project. We're trying to find a way to work with LVDA and art and public places to potentially bring more light into this parking garage side through a panel design RFP process to national artists. So this is just a rendering, again, showing all that I talked about to give you a better sense of what it looks like. This is Kauffman on this side and six avenue here. So the residential component of the building in the foreground sort of going towards the background there is the garage. And this is a shot looking directly from six avenue looking south of what the side of the building will look like. There's a series of courtyards that I didn't mention earlier that kind of tie this building together allowing a whole enough space for residents to congregate together and have a, an outdoor setting in an urban apartment. So construction time again, one of the other main questions we're asked is when will this begin? Where we're at right now, we're working with our lender and investor on financial closing. And so there are a lot of different moving pieces and parts of that. Part of that is also securing land entitlements and building permit from the city of Longmont. So this is a current snapshot of where we're at. And so financial closing, looking at that in the end of April, with that, once that begins, construction and that lot across the street would shut down to public parking with staging beginning approximately a week or two after that. Construction will last approximately 18 months. So the timeline we have before you today is construction would be wrapped up by October 31st, 2021 for the entire building that's both residential, commercial, and parking garage. So overview of the parking plan. I touched on, you know, what the site is currently and talked about, those numbers of how many parking spaces are allocated towards each party as it is today. This graphic here, again, a little bit difficult to see, but the red is a outline of the perimeter fence of our site showing how that will impact parking around the site. And the yellow are Jersey barriers and how that will impact the parking on the street on call. Can I ask you a question about the 6,700 Plaza? How are those vehicles getting in and out of it? Is that really the one way to do that? Yes, we're working with our contractor to ensure that cars can still get in and out of this. It will likely lead to some restriping. And as it showed where it cuts off there, we may have to rework that to allow cars just a little bit of access there to utilize that roundabout space. So recommendations, the meeting with the public Longmont Dattel Development Authority, the verdants, and various meetings with Boulder County facilities and management staff. And this is in draft form, but I think we're getting pretty close to a final product here. So the yellow is the hub, the east is the Conference Street site that we are redeveloping and where the current parking is located. And looking at LDDA, so 41 spaces as a whole, we're working with the city of Longmont to come up with license agreements that would essentially then designate on-street parking in various areas to specific stakeholders. So the two areas that we have been working with the Transportation Consulting for a month to identify parking for LDDA, it is between Fifth and Longst, Sixth and Longst Peak Avenue on Coffman, so it's that long sliver of teal where you see the letter C. And in fact, sorry to interrupt, but this graphic is different from what you have in your packet. So the one in your packet is the most accurate and it's, so some of the highlights like on Sixth Avenue are showing up in your packet, so refer to your diagram in your packet. It's a little more updated in this version. And then the second area is on Longst Peak Avenue between Pratt and Coffman Street which would contain approximately 10 parking spaces. So that's where LDDA spaces have been designated to date. For the burdens, we've identified, believe, Three Avenue. I actually mind if I draw this. Yeah. So burdens along Terry Street between Sixth and Fifth Avenue where the letter B is located, that will provide parking for 19 spaces. And a new recommendation that has come up is on-screen parking along Sixth Avenue between Terry and Coffman Street, just north of the hub, that would provide parking for the three additional spaces for the burdens. This is just a breakdown of parking at the hub parking lot, more so for Boulder County staff. But if anyone has any questions, we can take a closer look at this at the end. So finally, we have an overview of Art and Public Places' collaboration. These are just some of the items that we brought up when we were meeting with Art and Public Places approximately a week and a half ago. Kimberly was in attendance for that. Again, we're trying to see if it would be feasible to form a partnership to have that panel system and try to find different ways to pay for that system. So, let's get through some of these. This is a local example of the panel here in Longmont, actually at Jimham Nature area. Our contractor, Hinkert Construction, has worked with the designer and manufacturer here. And this was installed in 2014 to give you a better idea of what that panel could look like. It could either be metal or steel or potentially even aluminum as well, depending upon the cost of that product. These are preliminary costs that our contractor came up with. So, for standard aluminum perforated panels, that is just a standard panel system with your square or circular punch out, so no unique design whatsoever. That would be approximately, for all the panels, combined $135,000 plus $15,000 for artist commission as well if we pursued that natural RFP process with Art in Public Places. The other cost estimate here, $228,000, is what I would assume is a more accurate picture of what that would look like with an artist design, a unique design that we would work with LDDA in Art in Public Places to come up with a theme for example, nature for the artist to actually pursue. And then on top of that, again, $15,000 for artist commission and five to 10% contingency on top of that. So, that's, and these are, again, just different slides that we use when we're presenting to Art in Public Places to consider the amount of traffic that comes through the area of potential viewers, not only car traffic, but also pedestrian and cyclist traffic as well, indicating the large amounts of viewers that would see this public installation that they were to become a stakeholder in this project. Lastly, I do want to mention there is a open house coming up, so there's sort of two things going on. One is, Lamont named that neighborhood. The portal should be open by the end of this week to allow the public and you all start voting on the finalists that our team has selected. And vote on your favorite day by March 9th, March 10th from four to six p.m. is a open house that we will be hosting with LVDA and the city of Lamont to show the public where we're at in terms of the design of them. Thank you all for your time and we'll entertain any questions you have. I think the odds of our public places coming out of work. So I think that we had a really good meeting with them and their commissioners seemed very excited. It's not something that they could fund in its entirety, but they certainly felt they could, they haven't voted on it yet, but they haven't asked for it in there. Directors said, if she felt that they could do a third maybe a little bit more of the project, they felt that it was a really good opportunity.  And so I do think make sure that the commission that I'm ended the little time you added as opposed to a big concrete structure is super important. And they felt like this was a good idea. We did look, I will say we looked at all kinds of different options for screening. And so this is one that the architects really pushed for that option. And they're really good. I think it's interesting that the exam or you can go on the website is the Jim Hamlin here and what's on which is actually to be helpful. But I do think there would have to be. The one question that our public places would ask me is, so they're all their funding comes from 1% of any city construction project. And they come out with what type of money are they getting from this project? We're just, oh, we did not take that with us. So looking at it, one of the questions that asked is, if we would be willing to put some additional dollars for this piece. So looking at all point out, if you could put that rendering back up, it is definitely on Comfman. However, when you look at that garage, I think it's down for the art one. So I want to show that. Yeah, the main street side. So one more. Or no, what that is? We're going to order the one from Main Street. Oh, so when you look. You can just grab it. So the breezeway will go from Main Street all the way to Comfman. It'll go through the parking structure. And they have the panels on Comfman, but also there are three prominent panels on the alley side. So if you are looking at it from Main Street or going down the breezeway, those same art panels will be minutes on that side. So if it's near, you would see three panels. One there, one there where there's no panel, there's a pedestrian breezeway, and one on this side where there's no elevator on the Main Street side. So it's highly visible to those that are walking over from Main Street to Comfman. And if you did as much value engineering as humanly possible to try to get into the money that we had for the parking, and so the screening is not in that original question, it's out. Does that raise way to the stories? The breezeway is good. Well, it's like it there. I know it does look like it tall there, and it's dipping down and then backed up based on the simple design. So it's a story and a half. So it'll still feel open as opposed to being in a closed, all the time. Yeah, so we're actually working with a lot of consultants as well and looking at different ways to bring people into that space, but also to make sure it's an actively lit space at all hours as well. It's almost like this height, guys. I mean, where it is right now. What's the process you'll use to release the apartment? The parking or the apartment? The apartment. So those are affordable housing, so it's a mix of 30% air-conditioning, just 60%, that's roughly 30,000, up to 60,000 for a family of three. And so while we're trying housing, it already has interest lists, so we'll use an interest list that is for anybody who's interested. It might be somebody who's interested for their parent or somebody who's interested because they wanna follow construction progress and they don't love the project. It's an interest list for anybody. And then once we get probably about nine months before we're about to complete construction, we turn that interest list into more of a wait list and we go back out to folks and say, are you interested in applying for housing here? Then we sort of develop a separate wait list process and that brings our marketing team in to start holding more site meetings or local meetings with folks to give them more detail on exactly how you qualify, our pets allow, and get into the details of the marketing and the property management side. And I will add, well, we want to ensure that our marketing communications team is working with LEDA to make sure that all of those core responses are reaching the Longmont community as well. And if you're on the interest list, it's my understanding that it's really just that you're gonna be notified. You don't have any preference movement on the interest list for one day or nine months. Just who gets their applications in first place. And we help folks qualify, so if there's a senior that needs more help qualifying, we don't say, hurry up and get your application. Whoever's first is gonna be in line first. We really do work with folks and that there's not that stress to help them apply. And so we try not to make it a panic, but we do wanna work with people early in the process so that if they do have issues with income qualification and land work references and they want more time, then we work with folks on that. So already, Justin, I can recall when you first presented the design to the board, wasn't the greatest. I think the word I used was generic. I'm very impressed with the difference in the progress that we made. It's obvious that you listened to our concerns and through the community outreach, this definitely aligns with the master plan nicely. So I appreciate listening to us and our concerns and making some adjustments. So thank you very much for that. And it's just a great example of just an awesome partnership that's been developed through the LVA burden and the county to do something great for downtown. So thank you for all your hard work. Thank you. I'm excited. I think it also speaks to we had a number of community meetings where you go kind of go out to the community and present that are more a part of the planning approval process. That gives you one layer of input, but the type of involvement that you guys have taken the time out of your schedule really is paying off. I think it's just a much better project as a result in the partnership and the understanding of what it means to build and live in downtown. It's what you bring that you don't get from a regular planning approvals meeting. I think it's a awesome addition to have 3,000 for the entrepreneurial or the space cafe. We're working on an operator for that. If we build it, it will come. All right. I'm just kidding. We're still working on our budget. The total development cost is roughly 35 million for everything. And so for the residential side, we're financing that with low income housing tax credits, state tax credits and a lot of county funding as well as City of Oklahoma. So we go through the typical housing sources for the residential side. What's been hard though is financing the garage and if you don't have those housing sources, there's tax credits available. And so it really has been over eight million in the risk of a garage. And that really is funded by county LVGA burden and the low income housing tax credit partnership. So it's at LLC, which is a partnership of the Board of County Housing Authority, is paying its fair share of the parking stalls. But yeah, they're over $15,000 per space. And so when you think about funding a, just a surface parking lot versus a structured parking with security and the elevators and the fire suppression, it's definitely an investment. At the same time, it's something that feels like really is needed in downtown Longmont. And with everybody tipping in and paying their fair share, then that's been the way to make that work for this development. You're gonna like that, you need the parking. People live there, they don't fund your parking as they say it would come out. The people who are living there do find their share of parking spaces. You like it. Be in the light side, yeah. But that light sector investor and IRS rules are that you can't fund everybody else's, right?  Did you say 15,000 in space? Higher. Higher. That's just like the parking space without all of the other structure. So, are there any other questions you guys have? We can revisit this at another meeting, but I just want kind of a little test on if you're interested in being a partner in those panels. If that's something that you would entertain for their conversation and figure out their dollar amounts on. That's what we should talk about as it's the right thing to touch on. Thank you all. Thank you. Thank you very much. Terville, you're asking about that view from Main Street. This is a little small, but you can see the three panels that you would find coming over from Main Street and we are working with our architects to get our friends to read of what that would look like coming over. Thank you all. Oh yeah, I just want to, I'd ask Keith to give an update. He wasn't able to come, but he sent me all that properties and bird property. It's the truth of the property and we'll demolish building a 510,000 street as part of a new development project. Once the development agreement and other state documents related to the county's project are finalized, we intend to hire architects to explore options for redevelopment of the property of 500,000. Right now our direction is to investigate the capability of developing a new office building of 30 to 40,000 square feet. The new office building will still work on there. We'd utilize the allocation of 75 design parking spaces in this project. We'll turn it over to Ryan Bear to give us an update on this balcony station. And future videos. Hello. I'm Ryan Bear. What? Welcome. Thank you. It's been a pretty good morning. I've been sitting in the back listening. Yes, it's up. I'm Ryan Bear with Mass Equities. We've got a group of people here today. I want to introduce some folks. On cue here comes Sean Gatner. Most many of you may know him. He's a operator, restaurateur, extraordinaire. Is that good? No? I was saying that. We've got David Hoffman back there with Trace Virts. He's our architect on a portion of this of Southman Station that I'm gonna walk you through today. Trevor Owens from my office at Mass Equities, development manager, and I think that's it. So I think we have questions throughout or whatnot that we can call on different folks. But one, two, three things. How much time do I have? Two, three minutes. 30 minutes? Go to the left. So I'll do three things. The first two things should be relatively quick, but if you have questions informal, I'll kind of, I'll stop in between the three things and answer any questions that you might have. But what I want to accomplish is take you through an update of Southman Station right here, what I call phase one. And then talk to you about phase two, which is the yellow building you can see right there. And we'll talk about that. And then end it with the redevelopment of the greenery building, which you can see right over there. And that'll have more of a need to it because I want to walk you through where we're headed with that and talk a little bit about the economics of that, which dovetails nicely with what David presented this morning because you'll kind of see a test case that is right squarely aligned with what David said in terms of retail and office. So just to refresh on the different properties that we have, many of you have seen this over the years. They're starting to get developed, which is exciting. Phase one here with the red star is the main project that we've been talking about for years and it's taking shape now and we're just about done with it. I'll walk you through a little bit of that. Then we'll go to phase two, which is called the future phase. And then we'll talk about the greenery. I'll revisit this slide too. Technically, phase one was wibby. A lot of people don't know that. So this is just some photos, which obviously you can see it, walk outside. But we've made really good progress with what I call phase one south main station. It's four buildings, 253 units. You guys have all seen it come out of the ground. And we are in Lisa. So two of the buildings have been completed. Two more remain. And they'll be released in the next 45 to 60 days. In that case, you're posted and you can see it outside. I'm very happy with the way it turned out. We're getting excellent feedback from the community. And everybody's pretty excited about putting the construction off Main Street and turning this thing into a real, two city blocks, a real neighborhood. If you haven't stopped by to see the inside, I would encourage it. It's really cool. Taking a lot of concepts from projects in Denver, the Highlands, some of these areas. It's very different than what you normally see in one month. More similar to a Roosevelt Park type thing. And then we took it sort of to a different space with more of an industrial field to kind of give it a nod back to Butterball. There will be another building that we're just getting started on, which will be building five. Does this thing have a... I'm sorry. So, rather than try to walk around it, building five will sit right here on Henry Street. So it'll face that yellow building that you see there. Here's a rendering of it. It's approved. It was approved as part of our site plan. And that building will start, we believe we'll start that building probably late third quarter of this year. So that'll be another 61 units which will round out that whole block at 314 units. It'll be about an eight month build like that. So it'll probably be released in the summer of 21. So that's what I call the 150 main block, five buildings, 314 units and 10,000 feet of commercial. Quick update on leasing. We started leasing basically January 1st when we released that first building. We're about 8% leased right now. What's interesting is 60% of our activity has been in that 25 to 33 range, which is a pretty interesting fact. We'll see. I know you guys, it changed a lot as you went through your lease up. We don't have a full set yet. It's only two months of leasing, less than two months of leasing, but it's an interesting fact. And if you haven't seen the inside of the units, that's a picture of one of them. They're very cool, very modern looking inside. On the retail side, we're just getting off Main Street. So that's a good thing. The class is all in and we're starting to see it take shape. I signed one lease with a bank in building one. So we're about 23% of the space leased. Got a lot of activity on the space, different pieces. This is kind of how we program it. The north piece of building two, where the plaza is, that we will hold out for a restaurant. It's been built out. It's been a corn shell for a restaurant. And then we have some other smaller spaces along the way that we've broken up. And the interest is ranging from food and beverage to fitness, to coffee, all kinds of stuff like that. So as we finish and get off Main Street, that stuff will start to. Any questions on that? Quick question. Very obviously, one of my roles is on the retail committee here, which is actually strictly retail. We definitely do, which is now, that's kind of one of my minds. Anyway, there's just a lot of downtown merchants who would love to get their hands on these residents in terms of business. Is there a way, via the LBDA, maybe we can put something together to give to you residents, or to get in touch with these folks via your leasing people? Yeah, great question. We're already doing that. Sean has been active and maybe said a few things. I know you did like a wooden nickel saying or something. Well, I just, as soon as I just, with our downtown, he's here at the ground, seeing the leasing manager start to move around, I just went past it and I just gave something to every person. So we've got these little like $5 broker chips, one for each restaurant, different colors, and one of those. And so basically they get 15 bucks to come, check out downtown restaurants within the listener. But it was, and that took about five minutes of effort and I had to make a couple more chips. What's with your roster? Well, I think they're really open to that, but I think they've got a lot going on. Yeah, yeah, absolutely, yeah. Well, it's reached out to them, it's super simple. They just might not track down the retailers for it. Yeah, so a great start management is our manager and they've done a lot of outreach to different businesses. We did a special beer at Wibby and a glass. I don't know if they've come to talk to you about it, but I know they're getting around to all the retailers to try to put together different things. Let me know if there's a more organized way for us to outreach, yeah. Let me know when we're happy to get going because people sit down and go through a leasing packet and one of the first questions they ask is, no, if they're not from around here, what are my eating options? They want to know all that stuff, so. I think at 25, is that where you can get them, so. They're a match, they're a match for me, I'll give you that. Yeah, no, I mean all great ideas and we're gonna have, we're gonna have 400 plus people living there in phase one. You saw the numbers, 1700 downtown, 400 are coming, that's just phase one, which is a good segue to phase two, which is the red star on four acres. That's the site that you can't see because the railroad car is there now, but the yellow building. That's gonna happen in two phases and I wanted to take you through that real quick. Phase one is gonna be adapted for use of the existing yellow warehouse. So, we're gonna be making some changes to it, but you're gonna see that thing totally transformed. I'll show you what a picture looks like of where it's headed. That'll be phase one, that's happening now. We did our pre-app, we're moving quickly. We want to start construction on that by the end of the year. It's gonna be 15,000 feet of what I would call, makerspace term is overused. It's sort of a service, retail, creative workspace and suite stuff. You can rent suites all the way down to 1500 square feet. And we already have one tenant that we're working with on the front, which will be a really cool company that provides, it's in a service category. And once we, I can't announce it right now, but that's a big chunk of that building. It's gonna be very cool when we still got 11,000 square feet left. So, that's gonna be cool. I'll show you what that looks like. And then to the North coming later is 150 to 160 units. These will be apartments, kind of smaller, more urban style, with a lower price point for the renter. And that'll be for story, I'll show you what that looks like. That will probably start in design until this summer. I don't want to get the warehouse going first. But here's the concept of what it's gonna look like. So this is the existing warehouse here and that's the rendering of where we're headed with it. So it's using the current bones and just putting window package in, making it look very urban and industrial. And we're already getting some really good feedback on that because it's an adaptive reuse, we can keep the price point down and create very consistent with your whole plan and the city's plan of energizing this area of daytime. The apartments, that's where they're headed. Again, a different look than South Main Station, but an urban look. Take advantage of some of the southern facing with the lower warehouse. We have views down to Boulder and the Mount Range and all of that. So, this is all starting to come together. With this particular project as it stands right now, we think we can get this done without any assistance from the city or the LDDA. There's one environmental issue that we still are trying to get our heads around, but if we rehab the warehouse, we don't think it's gonna be an issue. So there's some underground tanks we have to remove and some stuff from Butterball, but we've got a pretty good idea of what that looks like. So we think this project goes forward pretty quickly. Any questions on that one? Did we have townhounds? Yeah, originally we had townhounds here. So that replaces it. Yeah, we couldn't get the density that we wanted, so we went to a forefront model. And these will be smaller with the lower price point. Okay, and final category, moving on to the greenery. So a lot of you have seen that building. It's been there for a very long time and nothing's happened with it, but it is a really cool building. So we've done a lot of analysis on it of how can we keep this building and turn it into something that's iconic downtown that, in my vision, is really a regional draw. So we've come up with a couple of different ideas for it and the one that's really getting traction is you take that building and convert it. Keep it, we'll show you some pictures of the direction we're headed, but the ground floor, it's about 8,000 square foot floor plates on that building. So it's about 25-ish thousand feet if you build out the whole thing. We're looking at doing a food hall on the ground floor. Which would be 8,500 square feet. That's why Sean's here. Sean and I have been talking for a while about how we do this because we've got real estate. He's an incredible restaurant operator. Food halls are different than restaurants, but a lot of the same skills, about the same strategies. And so he and I have been talking about what if we could do this? And it's gonna require some help and a public-private partnership to get it done because the building is cool, but in rough shape and needs a lot of work. But we're committed to try to make this thing go because I think not only is the real estate exceptional and will be iconic, but the experience will be incredible as well. So I wanted David to talk a little bit about one of the design directions where we're headed.  And I'll let David explain why I say it that way. But we're looking at a number of different ways to do this building because cost is a major issue, as you guys will see. It's less expensive than building new, but it's still expensive. So David is the lead architect on the project with me and I thought it'd be good for him to tell you a little bit about his company and then just give you thoughts of where this particular strategy is going. This is one of a couple we're looking at. Yes, hi guys, my name's David. Architect at Tradesports Workshop at Denver. We do a lot of different projects, but our friend, Butter, is a really huge recommendation style project. We've got Justin Rhino alone, we've got Westfield Tech Quarters on Brighton, we've got Walton, 2660 Larimer, Visual Winters at Tech Quarters. All of those are in the same pentages as this building, same construction styles. And we've reclaimed all of this project. We're actually working on it through the hall right now. We've done a ton of rest room on it. So this is the idea, like the main concept of this building is from right and then we left. As Brian mentioned, this is very early on in our sort of design process. We've just gotten into this for a couple weeks. So this could still go on a lot of different directions, but what we're looking at right now is one of the first things we noticed about the building is there's all these concrete headers scattered across the building. And when you first notice them, they're able to be very haphazardly laid out. They're just sort of like landing in these weird places and don't line up, the headers don't match. And you kind of wonder why they're in that place because it doesn't really have any rhyme or reason to it. But when you start thinking about the building and what it's been over the course of this life, I think this is a gorgeous building, but it was never really meant to be that. It was meant to be functional and utilitarian. When someone spends the time and money to put a hole in it, they're doing it for a specific reason, whether that's a piece of mechanical equipment that needs a bench in a certain location or a shoe bench that needs to hit the building and for justice rights fund. So it has this kind of disorganized look to it, but there's actually like a really deep rationality and intentionality with every one of these openings. So our first thought was, one, let's take all those openings and reclaim them, right, because that's, it's free day. Like the header is the most expensive part of it, you know, the ones you're gonna see in the wall. And we've already got them. So let's capitalize on that way off the batch. And then it also brings out like the original kind of character of this building, this, these things and changes that were made over the life of this building. But then we're gonna start using that logic to inform how we punch openings in this thing as well. So, you know, and, you know, again, like this is super early, this would be a lot of direction, but if you look at the silo, you've got like these kind of weird like, and maybe like a service level doesn't make a ton of sense. But then each of these levels is gonna be part of the office and you're gonna be conference rooms in here. You know, I want to walk into a conference room and have a straight line of sight to long-speak. To do that, you have to have a window in very specific location. And you might have that on the third floor, but on the second floor, you might not see a long-speak. You might be looking at something else. So those don't necessarily have to wind up. But it's keeping that same idea of a very intentional logic behind each of these openings. So to kind of bring that full circle back to what's just already in that building. When we get to sort of a final design here and we're definitely not there yet, because that's gonna take weeks of pretty rigorous study sort of what's going on here. But I'd like to be able to point to sort of every window in this building and be able to tell you like, why it's there, why it has to be there and why it couldn't really be anywhere else. But that's kind of what we're not. It's interesting. I mean, for those of you who are interested, you go stand there on the corner and you see these windows that you never saw before. It's really cool. This also creates a really interesting light show at night. So again, one direction, but to show you the options that we're considering, you may have seen a direction a few months back that I showed you, which had more of a erected steel bolted onto the building, stuff like that. So we're getting into it now, but it's going full, full speed of where do we want to go with this design and how do we want to do it. Many see large outdoor plaza and food trucks and stuff like that. And so this is something, again, we're talking with Sean about, about how do we program this? How much space do we need out there? How's it all going to work? Because again, we want this to be a destination for not only people in Longmont, but over County. When you look at the site, it has some more land that we could do future projects on. And so really, this piece of it is really this parking lot here and just this area is right there. That gives you a small lot here and a small lot up top, which we think would be great for housing. So like floor sale town homes, smaller format urban 20 foot wide, three story stuff. But there's some of that downtown, but not a lot of it. And so this could create more diverse housing stock. But right now the focus is on the greenery and the office. If you start to go up, look at the floor plates. So the far left is what the ground floor would look like. And again, working with Sean on what is the food hall? How does it flow? How does it work? What's the back of the house? Where's all that kind of stuff? So we're going through those exercises right now, but it's a very open floor plate. If you've been in these food halls that are successful, they're open, they spill out to the outside. And it's a place where you could go three nights a week and have a different meal every night. It's also set up for events. And I know that's a thing that downtown is very focused on. I mean, this is 8500 square feet on this ground level where you could rent out the front part, do an event, the back part, kind of like what we're doing here. So this could be really cool in terms of the event space. As you go up to the upper floors, we're laying this out so that they're just big open floor plates. So you could either take 8,000 feet as 110 or we can slice this thing off in 1500 square foot spaces. And so part of Dave and his team's genius of the common areas, we're actually, we call this the power pack where we're gonna bolt on a new part of the building. This is built out of block. And that'll have the elevators, the stairs and the restroom banks. And then that allows us just to be super flexible with space. So to Dave's presentation, I think what was the average tenant size if you recall? Oh my God. Yeah, what was the average tenant size? Office? Come on. Why don't we talk in like 2,500 to 3,000 feet? Yeah, something like that. So we can slice that off and offer that kind of space. I don't see this as a creative workspace, like a we work kind of thing. I don't see that. I see it as a creative space with suites where you can come and rent your own 2,000 square foot office. And then we've got shared restrooms, which again brings down costs to build out and create a more affordable commercial space. So the total is about 25,000 feet on the building. Today, the building is about 12,000 feet. We would be putting these floors in. Right now the building is only three stories at the front and the back is wide open. So we're gonna be running floors on the second, third floor to create more space. I thought I would, before I get into some of the cost numbers and where we are, I thought I'd put some, what I think are important numbers in front of you in terms of tax increment. You know, right now this building generates $15,000 a year of tax, that's it. Once we do this plan and move this thing forward, we're projecting out to 2033, both $2 million in total taxes that we backed off the existing base. We're looking at about a million, eight, almost a million, nine of the property taxes just for this building alone. It doesn't include anything that's gonna happen around us or any of the other projects that I showed you. Sean and I put together a projection on sales tax. Again, the building's generating nothing right now. That's a big number over that same period of time. We're estimating good sales numbers per square foot on this, close to $500 a square foot. This generates another almost $2.8 million of sales tax. So all in, this building just on its own for the city, and I know the LVDA doesn't participate in sales tax, but for the city and the community, it's gonna generate a large amount of tax over the next 14 years. Again, just for this building. And this is a projection, it's not scientific. We have to go back, we're all back, but this is where we see the numbers. I wanna share some costs with you because this is really the crux of the discussion today and it's, I think, appropriate on the heels of what David presented. In order to make this building go forward, we've got a gap, but let me run you through the map of where we sit today. So we're looking at about $314 a square foot or 7.6 million to completely rehab this building and tenant it up. So that includes cost of the building, cost of construction to rehab it, tenant improvements and leasing costs, financing costs, architectural fees, everything all in, it's about 7.6 million. So as David was talking earlier, to build a new building, you're probably in the $450 a square foot range, maybe higher with land. So you can still see how rehabs are less expensive than new build. And so this could be one of the ways to get there and start to create some space downtown in five minutes, okay. Some of the assumptions we see here. We're using a $19 triple net rental rate, which is a blended rate between retail and office. I think that's where you were presenting. So we think we're being reasonable on that rate. Which again, keeps costs lower for the tenants versus the $30 number that you were throwing out for new retail. With that, we generate about 438,000 of income off the building. If we divide that by our cost of the construction, we're at less than a 6% return, which is not doable, not financeable in this market. So I created a gap analysis and I said, okay, well what is financeable? What gets this thing moving forward? If we can get to a 6.5% return, which is lower than a normal developer return, but this is an opportunity zone. So that helps us, we can raise money a lot easier in an opportunity zone because people will invest for a longer term return, take their gains and put them in for longer term returns. So we think we can get it done at that level. Interest rates are pretty low right now, so we'll get a little bit of a lift there in terms of the actual return to the investors. But we need to be no less than six and a half. So to get there, we've got a gap of about $876,000. How do we fill that gap? There's a lot of different ways to do it, one of which is doing a public-private partnership as you know. So this will be for our next discussion, but I wanted to put this out there because in order to get this thing moving forward and get it done, we've got to figure out how to get there. And it's gonna be a combination in my mind of you folks in the LBDA, what can we do together? We can put together some funds. It's an enterprise zone and this is a vacant building, so there's some dollars there that we can access. Believe it or not, those silos over there have 100-year-old rain in them that need to be cleaned up. So we think, and that's $100,000 just to clean up the grain. But we think there's some ground fuel to clean up the credits that we can get there or grants. City permit and fee waivers, so the city's gonna have to participate also. This is part of our original development agreement, so there's already some stuff in place with the city that will help that. There's also a Colorado Fresh Food Program because this is a low-income area. It's kind of a retail food desert. There's a program there that Jessica is telling me about from the LAC that we can access will be some dollars there. And then just other sources. We're constantly looking for other ways to bring capital to the party here. And so we think, having gone through all these categories, talked with Kimberly, talked with Jessica, talked with others, Sean, we think we can get there. But it's gonna take some work, but we're encouraged. And so because of what this represents, we think for downtown as an iconic gathering place, community place, and a regional, I think a regional draw is worth pushing forward on this. And so I'll be working with Kimberly on a specific ask from the LVDA of what we need and the size that we think gets us there and how we do that. So I'm very encouraged that we can get this done. Here's a quick timeline, and I know I gotta wrap up. We have a concept plan that we just saw. We've got others that are already down the road, which is good. We had our pre-op meeting two weeks ago with the city. So waiting on comments, which lets us start the process for formalizing a submittal and getting that in. We need to finalize the sources of the GAP funds. I'll just show you that list of how we get there. Finalize the city and LVDA agreement. I'm hoping we can do that in the next couple of months to keep moving this forward. CDs and permit set, we do late spring. And then our goal is to start construction and fall. And sooner if we can, we want to deliver the building next year, and if this goes forward or we put the food, we want to get the food hall open by the summer, right John? Kind of important. So that's our general timeline. And it's very aggressive, but it's doable. And we want to push forward with 10 questions. I have a kind of broad question. So we think about Rosebell for the North and South Bank. How does that shift the center of gravity? In terms of residential, commercial, both? Or does that flow sort of where people go, right now, sixth and main kind of center of gravity? I don't see it as a shift of gravity. I look at it as bookends. And that's always going to be up North what it is and how things grow. And it's a different type of a neighborhood, in my opinion, and it's more established. You've got a lot more single family homes. This side is what you're seeing here. It's going to be more of a rehab industrial feel. Probably won't be as dense block to block. Certain areas will be dense and then there'll be fall off. So I think it's really a different area. And until the transit station, wherever that becomes, really goes forward, then I think then it becomes a true bar belt into the bar belt. Hey, that's how we put that as well. We don't see that as a big, major shift on either end. But we look at it as well. But just seeing the numbers from there, and I was a little bit surprised. I didn't realize there was only 1,700 people downtown in that area. I mean, this project. You're allowed to add much. Yeah, I mean, this project belongs to the 500 people. So, and then hopefully other developers start more projects, you know, I know you see stuff that play out here and around here. So, I mean, there's potential in the next three to five years of double the residency. What do you mean by double the residency? For the, yeah, I haven't priced the apartments, but I will tell you this. These are averaging 850 square feet. Those will be an average of 700 or less. So probably about the same per foot number, but it'll bring that cost down just because they're smaller units. So, and the way we're looking at it and that's a great question because the 110 every project, 150 plus units is not gonna have a lot of amenities in the project. So we're hearing the food hall, this building over here, we're viewing, this is the amenity base. So, someone can move in, have a lower price point and they have a neighbor move amenities and walk into downtown. So that's why this food hall, I think the whole grainery building is critical to the multiple blocks here that get developed because it becomes a community amenity. But yes, I know we're out of time. Any more questions? So e-mails, if you have any questions, I think you all have my contact information and we'll meet up with them. Thank you. It was a good show, good time going. Yeah, thank you. We're gonna have a hand lunch. So thank you for inviting me. I think primarily what I'll talk about is if you have so much to point out, this is where we work most closely with LTDA on some of the initiatives of that. That's our updated economic development strategic plan which thank you for supporting this for those of you who are actively engaged in some of our working groups. Thank you for that as well. The working groups for a bit, so much 2.0 are really around four focus areas for our community and the future of our local economy including talent, industry, connectivity, and place. So we have convene working groups in all of those focus areas and have a number of strategic initiatives now, a work plan really for 2024, all of those, well, most of those focus areas. So we look at talent. Talent is our goal, relative to talent is to attract new needed talent to our community. So one of the things we're doing, Don Juan E.P., is investing significant resources in a national marketing campaign to identify target markets across the country that are developing the type of talent that our employers, our leader here in Longmont and doing outreach and trying to track that talent to our community. As well as developing a pipeline of talent right here locally in partnership with St. Green Valley School District and Fort Ranch Community College as well as University of Colorado and our other regional universities. So not having to, as is Colorado's history, depend so heavily on new talent moving in but on developing that pipeline of talent that's needed by the industries that exist here, locally through our school system, K-12 and higher education. Industry is really our traditional economic development tool box of attracting, retaining, growing our primary industry base here. Our advanced 2.0 strategy identifies for target industry clusters which existed in the original strategy. The updated strategy just refines those a little bit more to have access to a lot more and a lot more granular data to help us understand those industries that have high potential for growth here. And so those are, I don't think we're being surprised to anyone manufacturing in particular, what we're calling smart manufacturing which is high tech industry 4.0, next generation manufacturing as well as food and beverage. The addition of smuggers has doubled our food and beverage industry from an employment perspective but we do also have a strong base with our breweries and our facilities that are manufacturing and distributing outside of the region. Business catalysts are really our B2B service providers. So everything from our marketing firms to creative firms to software development, specialized systems development for our industry base that exists here. And then the last one is knowledge creation and deployment which is really research and development as an industry. And we are actually surprised to find the number of private research and development labs that exist right here in Longmont employing a significant number of people at very, very high wages. So that's one of our focus areas as well and how do we connect that with the rest of the world and continue to grow that industry. Similar to what we're doing with talent we're looking to tell a long long story on a more national level, being very strategic about identifying other markets across the country that have concentrations of those industries where we think we have a competitive thinker, we know. We have a competitive advantage either operating costs, access to talent, some kind of logistics advantage over those markets that we can attract those companies to either grow it to or relocate it to Longmont. So again, a national marketing effort to put Longmont on the map specific to those industries but being very targeted about the markets that we'll focus on putting that campaign into. And we're also working with Kimberly, the city of Longmont on updating our incentives our primary industry incentives that haven't been updated in, I don't know how, as long as I've been here, at least, and so we're a bit, yeah, old school in their approach to how we're incentivizing primary industry companies to invest in our community. In particular, Kimberly's part of that conversation as we look at how we can attract primary employers into downtown to create that big time population that's gonna help them help with generation of sales and parts of them. 18, okay. Now I'm gonna sit in the chair. So I'm still out there sitting right now, but I'm sorry. How are you? I love you a while. I love you too. It's not like me, I'm sweet. Yeah, it's all right, yeah. Internal to our community, so how are we getting from one end of the city to the other and everywhere in between? And then regional connectivity, which we know has been a challenge and will continue to be a challenge with what's happening with RTD and state and regional funding for transportation. So we're gonna be very closely with the city, with Joni and with Philip Rewald on how we address some of those issues. And then we also are looking at national connectivity, so are there future investments that can be made in Vance Grand Airport to improve national connectivity, especially for our primary industry base and those that are either flying over jets or leveraging the regional airport for logistics purposes. And that's probably a longer term. Then the others, although the RTD one might be. That's a term, then the rest. And then finally, place, which is really the place making component of economic development. So how are we creating an environment here in Long Moab that's conducive to attracting talent, the needed talent to our community as well as retaining our existing talent. So as kids are graduating high school, going down to college, they're coming back through because there's appeal for them to do so, as well as attractive for industry to make those investments and job creating projects for our community. So that's things like, it's a lot of focus on downtown, so Kimberly's very involved in that working group as is more, should I believe. And really looking at how we can create appealing urban centers in downtown, around downtown. One of the strategic initiatives there is looking at the development of a maker block. Somewhere in this area. I'm not as involved in it. Okay. So yeah, so you'll hear more about that from Kimberly. So really creating places in Long Moab in downtown and outside of downtown that are appealing for people and for investment from industries. Other than that, we continue to have a lot of activity from a primary industry interest in Long Moab. So both from our existing businesses, looking at continuing to grow here as well as new companies continuing to be interested in either relocating or expanding into Long Moab. I'm not as involved. Oh. I'm just kidding. And one thing that's been interesting is simply the announcement of Alexis's acquisition of the former Amgenage, former Astros of the town facility. And we're starting to see a lot, a lot more interest from 5Science and in particular other gene-based companies to take advantage of creating a concentration, creating that cluster here in Long Moab. And starting to understand the affordability, fiber, utility benefits being located in Long Moab versus Boulders and for other parts of the region that might have been more appealing in the past. You just didn't know who we were and Alexis has put us on a national stage for that kind of attention in that industry. We're also continuing to focus a lot. I think the more than we have historically as an economic development organization on entrepreneurial development, we started a startup platform incubator program called Innovate Monlont. Just over a year ago, about a year and a half ago now, but she spun that out into its own 501c3. We have seven companies that we're working with in the Innovate Accelerator program right now with an additional three, I believe, that are gonna be added here. So we're working with 10 very advanced high technology innovative entrepreneurial companies right here in Long Moab as part of that program. And we are hearing up now for Long Moab startup week, which we are sixth year of Long Moab startup week at the end of July this year. Questions? There'll be data on folks that have utilized the enterprise zone. Not off the top of my head, but it's been significant, especially with the expansion of the enterprise zone this year, so the enterprise zone is a state for those who don't know it is a state program that designates certain geographic areas in the state that if you invest in those areas, create jobs in those areas, you can earn significant tax credits, state and Colorado income tax credits for conducting those activities in that area. We were able to expand, so we were, a portion of downtown was in the enterprise zone before, and we've expanded with the exception of a couple of pockets of groups with this tax. We actually have enterprise zone destination all the way up Main Street from basically first to Highway 66 now on both sides of Main Street and expanding beyond to the east and the west a little bit. We also expanded out to River Park, where sticker giants and some other companies are located, so they were excited about that. So with the addition of, so a significant majority of our commercial and industrial properties are now located within the enterprise zone, so we saw a significant uptick in usage just based on the number of companies that have accessed that program this year. I would be happy though if you remind me to give you the actual numbers, or I can share them with you. And we can even look at specific downtown. So what was the name of the bioscience company you mentioned? The VSS, okay, June 30th. Thank you. Yeah, now we are going to get some updates on the first in Maine and the 200 block area. And so we're going to turn it over to Luke Barney, and Luke owns, co-owns a property right behind Long Island Lakers at the corner of Seconds, and really kind of the alley when it comes to the community. So can I just give you an idea of some of the projects that are happening in this area? Thank you guys for having me. I just said Luke Barney, owner and tenant at 6-Eleven. We have an exciting new project that I'd like to give you guys an update on. I'm going to give you a little review on the project to tell you a little bit more about what we do as the business that operates there currently, a little bit about the business that we're bringing in, and then some of the issues that we've run into as we've waited through this project. Prior to the overview, we want to revitalize and modernize the space at 6-Eleven. We're going to bring in a coffee shop into the front space, which is going to be the catalyst for the project, but in doing so, we're going to update the exterior of the building. We're going to modernize the inside, so that's going to include fire protections, the sprinkler system throughout, as well as becoming compliant with current code. This is a very old building, so that has been a big project to take on. But as far as the coffee shop space goes, it's going to be roughly 2,000 square feet. It's the space facing second avenue. There's going to be some outdoor seating. The coffee shop is going to feature a roaster inside. It's going to be in a glass wall-bottom partition, so it's going to create a cool artisan craftsman vibe in there. So you can see the coffee from start to finish. We'll walk through some renderings here. This is going to be from the front entrance. The coffee shop can feature a custom woodwork from our shop throughout. We're training a craftsman, artisan, field, looking at the coffee bar from the seating area here. And this is looking into that roasting room, so there's going to be seating that's going to showcase the roast street and highlight what traction coffee does. This is some of the inspiration. We'll give you guys a feel for the space that we're trying to create. It's going to be a hub for people coming across from South Maine. It's probably going to be a center for community events, and you'll just kind of find the community that we're so part of together in this space. A little background about what we do. We build custom camber vans. We work with clients all over the nation. We build 32 to 40 vans a year depending on project size. We currently employ 12 people in our shop and we work with people. I think we've worked with roughly 20 different states across the nation. So people will bring us their empty cargo shell to a van. We work with them to bring their vision to life. For example, Climb Custom Woodwork is all of this exterior components and things like that. This is a taste of what we do on the inside. All of our work is completely custom and we work with our clients to bring their visions to life. A little background on traction coffee. We were introduced to them through a network of the outdoor community. These guys are non-bikers, coffee enthusiasts, and entrepreneurs. This quote that I took from their website really speaks to who they are. Attraction really takes the traction and authenticity. We promise always operate as an extension of ourselves and never follow trends. We are excited to roast up to any coffee and share them with you. You guys have a really great vision to what they want to bring in. They've all worked in the coffee industry for a combination of almost 50 years. And they're currently operating as a roaster and they want to have this as a flagship location to be able to bend their coffee and extend their brand to more people in the area. Some of the things that we've run into, we've been working on this project for a little over a year now. We've had our pre-application meeting. Thought we were all on the same page and we've kind of gone back and forth numerous times at this point. It's a really old building that we're working with. So figuring out how to bring things up to code and do things correctly has been challenging. After endless back and forth, it seems like the only way forward is to go ahead and add sprinklers to the building. We talked about different fire separation, issues that the fire department was going to be on board with, or solution not issues. And it turned out that really sprinkling the building is going to be the most versatile solution for this and forward and allow us to continue the project at all. Part of the issue with that is the water line is on the north side of second right now. So we're going to have to dig second and bring that water line over to our building and close down second for some amount of time. So this is adding some significant expense and time to our project. And so what we are asking, we're working with Kimberly sensibly and we're finally ready to go on this project. Since we're going to add sprinklers all of the necessary parties are signing off saying, okay, let's go, let's do it. It is throwing a wrench in our application process because this is a new piece of the puzzle. And so kind of the two things that we are asking and looking for partnership on is we'd like to raise the funding cap on the facade grant to help us include infrastructure that we have to bring in to supply that fire sprinkler system as well as figuring out a way that we can be a little bit flexible on how we submit that application process. As we would like to begin work on this as soon as possible and we're reaching out to the business all the necessary parties, but it's possible that we can start bringing fire protection into the building before we have final quotes on all the coffee shop related work. And so it sounds like that's where that might be a little bit untritional to do a project in that way. But that's what we're looking to from the city of Omaha and if anyone has any questions, concerns, comments? If I see any other questions on this project for the final talk about this, just now. So what's our, what, this is one of the, by the way, the local government sort of thing. As you know, access, marketing, those are concerns for us down in the woods. So what's our process and how are you going to address that piece? So from the traffic studies that we've done and talking to planning and facing on exactly who gives a thumbs up on that, it seems to all work out. We do have some on-site marketing as well as the access to on-street parking in this area is going to be sufficient or more than sufficient for this kind of project. Yeah. Where do you need to have the van renovation work? Do you need it to be going? Yeah, so right now we occupy the back six or roughly 5,000 feet of the building and so the van production will still continue in that space. Right now, the space is essentially vacant that the coffee shop is going into. So our business is, the van business will continue to run and function as it does today and this is going to be in addition to that. Where do you live on? I grew up in Steveboat originally. I went to the CU Boulder. Was it near the Bronx? Oh, the van. Oh, the van business. We started in Monmont. We were kind of doing it out of our small wood shop and then we moved to this location just over two years ago and that's what has allowed us to grow into what we are today. Yeah. Will components of the coffee roasting business be upstairs in the rest of the building? So the upstairs is going to be off the space. We are going to occupy some of that for operations of the van business and then potentially it would be off the space available for rent or other businesses to come in there but that upstairs will just be off the space for now at least. So are you operating out of that space? Yeah. The van operation is happening today. The coffee shop is not started yet. I was wondering if it was an auction. It was an auction. Okay, so now we're going to do the bumper cars one? Yeah, and the third piece that I didn't talk about in there, we have another business that operates out of this space as well. They built ice bumper cars. So kind of an offshoot of what goes on here but we've been to municipalities and ice rinks all across the country and it's a really cool way to bring in new demographics to traditionally just ice skating venues. Yeah. Are you putting a odor? Yeah, so there's all sorts of ventilation requirements for that roaster and that's a part of the project. Is the parking place like where it has been once to buy your van and go not like me? Yeah. You know, once you open the van, like we thought. Oh, yeah, that's what everyone said. Yeah, we'll talk. Yeah. I'm sorry. Is your parking your dedicated home to the West? Correct. So you can't really see it here but right along here we have an easement on the lot next to us. Oh, okay. Yeah, long-term planning by that city hopefully and be able to use that whole lot. But right now that easement, thanks for talking to me. How many cents is this? This is a match. Where does the kitchen is? It's right next to us. Yeah, it's right next to us. Where is it? It's right next to us. Yeah, it's right next to us. That's the right, and then there's the vacant lot. And then the cheese place, right? Yeah, that's what we got. Oh, cheese. Oh, cheese. That's not a thing, you're going down the property. To the West. The West of Princeton building on second, I'm sorry, going towards prop and on second avenue. It's the same old analogy in San Diego, it would be straight and well. Correct. Yeah. So Kimberly, what's this process like you're going to raise the cap because it's not something that's just clear to you? Yes. So, well first of all I will say these guys have been wonderful to work with and they're endurance and they're really one. And when we talk about backing talent and we talk about our creative industries and we talk about art and the manufacturer and everything they're doing is exactly what I believe we've been saying for a really long time. This building, although it's a zero-perfect view as you were talking about thousands of times.  The upstairs, it was that old carriage house and the upstairs still is very cool and it's awesome wood beams. I mean, it's a very cool, funky space that's been underutilized for years. I think that the money that they're bringing, the people that they're bringing and everything has been amazing through their other people's adding on. So in our facade improvement grant, we always have had that you can lift the cap. It's part of our different grant for restaurant-type businesses, which is which follows. And so I think we talked about, this is A, a retail conversion because it was not retail, I'm not a retail generating. And that's a side grant. And so I think some of the questions and they'll be a formal ask in March, but they just wanted to get again maybe a small head nod that we would be willing to lift the cap for some of those water line issues. We've done this for several other people that had just full water lines down and we didn't smoke the gauge and the rain and that sort of thing. And I think as far as phasing, so the facade, there's obviously a huge facade renovation that'll be happening at the doors, windows, re-facing it, that type of thing. So I think the question is, once we get all this big consideration of the water lines, they can get that started and then we're going to visit that facade application for the actual facade elements in a few months down the road, along with that retail conversion. But when we have some time to kick it off track, wanted to see if you'd be willing and dollar up now would be willing to raise that cap for the water line of this project and we can bring that back to you. And that's one that we're matching. Yes. And that was one that we kind of allocated into each time. Is your question yes? Yes. Okay. You're not awesome. Fine, this is cool. All right. Any other questions? What's the square footed second floor? Square footed second floor is roughly 3,000 square feet. Okay. Did you ever consider a multi-family? That is such a loaded question. We would love to keep it residential. It was being used as residential space before we moved in in many layers of this project. It turns out that this building has been pieced together a lot without any permitting over the years. So we've received a couple harsh no's on any feasibility on being able to keep any residential. And that was kind of where the sprinkler decision started was that we could keep this as a residential as a possibility. And there's just some reason that's really not in the cards for what other people of the city would like to see there. Yeah. Awesome. Thank you guys so much for your time. I appreciate it. Thank you so much. We'll be in touch. Awesome. Okay. Bye. This one will be real quick. Okay. We're working with RT. That's my thing. Yeah. Nothing's the same. No. No. It's real bad. We're about to get to RT again. So not much of an update from last year on the first and main project. Last year. Yeah. Leave that part out. Or maybe two years ago. Maybe just a few weeks ago I talked. We actually have been in discussions. So where we're at right now, the RT needs to still prepare their infrastructure master plan before they'll release any of the monies for any improvements, any acquisitions, and even to even talk to any of the property owners about potential acquisitions. They won't move forward until this IMP is completed.  We believe we have success. Myself and Phil are actually due to go to RT offices on Friday at which time we are to hammer out the final details. Their scope of work. And just what you know, part of the challenge we have had is their scope of work originally was looking at a massive area. They were looking from South track partway all the way to the other side of Main Street and everything from the river down to like 2nd Avenue. And so what we bring them in and said, no, our focus is particularly the Coffman border because one of the central elements of this effort is to get Coffman extended all the way down to Boston. So with that, they finally act we asked and now we kind of rain them in. That being said, we have a schedule. They hope to complete a draft of the IMP by sometime end of July this year. And then we'd have to go through some review, possible improvements, and then take it to the respective elected officials to get the IMP approved. So we're thinking somewhere late summer, early fall, hopefully we'll actually have a document by which we can then proceed with our design issues and potential acquisitions. As it stands right now, our TV is saying they are going to initiate the acquisitions, but through this process, it's possible that the city could end up playing a role in some degree as to the acquisitions themselves here. So we'll keep you in tune, but at least it's looking more favorable to get this thing moving finally. We'll let you know though, there is one larger issue relative to actually putting the improvements in place. And that is the massive flood plain we have down that particular area there. And so that could inhibit our ability to move forward with vertical construction of any parking facility and any associated development with that particular facility. There's good probability that we would at least be able to start the roadway improvements and infrastructure in the area because they can actually lie within the flood plain and not cause a problem from a regulatory standpoint. So any questions, be glad to answer them if you have any. Thank you. Awesome. You said it this year, right? So a couple of these things, is there is anything that we want Tony to keep in mind or anything that we want to add to the conversation while before we approve it?  At what point does this whole thing stop out? What's the plan B? Well, there really is no plan B because effectively they control the dollar, the purse. And so they should, they choose to hold back. I think there's a lot of enough political pressure on them right now in their inability to deliver the train in a timely manner that I really think they're gonna be working, trying to work with us collectively to get this thing moving forward. The other thing we need to remember too is that at least there's a new leadership on board, at least in an interim capacity for the next multiple 18 months or so, somewhere in that range. And so I think we have a new set of years if we run into issues and go forward and talk about it in the future. So again, we believe the staff we're working with, they finally come around to the city's thoughts on how we need to proceed and that we'll be able to move forward for it. What's the timeline again that this area is projected to come out of what plan? Okay, so there's two pieces of that. One is the actual physical removal from the flood plain. Right now, the city is awaiting a memorandum of understanding from the Corps of Engineers that will allow them to finish a segment that will include the ponds up out there to the west. With that subject to that getting underway here relatively soon from a design standpoint, construction I think was looked into the early part of next year and then completion was looking somewhere in the end of 2022, first part of 2023. With that improvement, physically it will be out of the flood plain. The challenge that we have thereafter is the regulatory side of the equation because then you have to submit plans to FEMA to get them to remap the flood plain and that can take anywhere from a year to a year and a half to get their approvals. So that will push it into 2024 that from a technical standpoint, you aren't supposed, it doesn't prevent you from building in the flood plain but it still would present challenges in building in the flood plain. So effectively, you can build in the flood plain as long as you don't erase the elevation as long as you don't displace the flooding on to adjacent properties. Wow, that's almost an impossibility. So that's something we'll have to do in New York. One of the questions that I have for the board is would you like kind of a greater flood plain impact of timing presentation in the next couple months? Because we could ask me, Monica, because some of it does affect the DDA, it definitely affects the scheme corridor. So I feel like maybe having a greater understanding as a group of that would be beneficial but I don't know if you're asked. Yeah, hopefully. Yeah, hopefully within the next couple months we'll actually have that memorandum in hand that we can move forward with the board. Thank you. Thank you. Thank you very much. Some of the work around advanced one on 2.0 that we're doing, particularly around this area. So we are both on the place committee and one of the things that we were talking about is being at a major block. So again, I know at our last retreat we did kind of envisioning in this first and main area around if you could put something on a particle, what would you do? I think some of that we're hearing. Many of you said food hall, many of you said some destinations like things which I think will be happening in the greater area, right? So I think it's great to have some of that mirrored. But there's still lots of underutilized potential in this area. And when Brian kind of announced he wanted to do these smaller maker pieces and he's been talking with us independently, Colin is taking the lead on looking at and at least investigating what a common consumption zone would look like in that area. So in the state of Colorado, we have a certain amount of liquor license holders that form an association. You can kind of have an open kind of liquor law area at certain times. So they're looking at some of those different things. And so our group was really talking about how we generate that destination. There's places where people want to go and they want to be. And then that trickles off on what would be that kind of destination. So looking at and building off the charrette, Erin was great to incorporate the first charrette with the 200 blocks in the main street corridor plan. Many people have changed things on that block since we have new owners, we have new ideas, we have things that are really kind of built out in that first conversation. So it's time to reconvene and talk about what that's going to look like, how that can be an anchor site. It kind of gets their ideas on this. And then looking at that public realm and that sense of place, what are the needs and what is not going to be met by each individual property owner that we can kind of help meet as we look. When we talk about this maker block area, this is the area that we sort of define. And Erin and I and Tony and Erin are also working on that opportunity zone perspective. So we're able to break down the opportunity zone into different areas. And we look at this area, it's basically third down the first. We go sides of first, a little bit right across Maine and then over to Collier. And again, build on that momentum of the idea of the slope and what does that look like in terms of the fall. But these are kind of the questions that we wanted to ask in this period. Yeah, and so I hope what you see is part of the reason that we're talking about this is because as Joni just mentioned before she left, there is so much coming together. You know, we've talked about what's happening just outside of this area at first in Maine. We've talked about council's priority with the building steam area, which is essentially just south of this and even encompasses this. We've talked a little bit about some of the recommendations from the Main Street plan and it certainly is, as we mentioned, the catalyst area for downtown. There's some really exciting transportation opportunities. And as I mentioned, I have a map of the Main Street plan and the Enhance Mountains Corridor plan that you guys might remember from a couple of years ago. Really identified some good improvements, especially for bicyclists and people walking in this area. And so we're really interested. This work is just starting and we wanna make sure that we're honoring what you guys have already talked about and thinking about new ideas. So as we move forward with this, thinking about what else should we be considering that maybe we haven't talked about? What are some other areas of excitement? Obviously, as Kimberly mentioned, we heard what you said at the retreat. I think it was last year. And surprise, some of that stuff is moving forward. So that's great. So what other ideas do you have in thinking about those ideas or even some of what we've talked about today? Where would you put your priorities? Obviously, we can't do everything all at once. So what are the most important things to focus on as we're working with obviously the city, DDA staff, other partners, but also the community and the property owners? And then what specifically do you think as a board you would support in terms of those priorities? What can we think about? So we'll try to open it up. Obviously, we've got questions. We're happy to try to answer those, although this is still pretty fluid. We're just starting out and there's other members of the place group that'll be working with us as well, but we're really interested in having you help us shape this effort. Please don't all speak at once. I really want this to be a productive conversation. From my perspective, I'm just really proud of all the activity that's happening in South Maine. So we've had so many amazing things happening. So I think it comes down to continuing to push forward the public-private partnership conversation, which Kimberly has done a fantastic with. It's like just having a conversation with everyone, all business owners, property owners in this area, because that's what it's going to take. And that's where it's all being started. That's where my next-door neighbor started. It's having that conversation. And we need a lot to enter in for this. So that's at the top of my list. You know, what I'm thinking from a board perspective, what role can I play to have those conversations, too? Because right now, it's largely Kimberly having those conversations. But if you're really powerful with my sort of planning role and with some of those conversations, it's likely to help out with that. So I guess another specific question that I would throw out is, as we are, and as you are having those conversations, and we think back to some of what we heard from David this morning, we know that there are already some plans. Brian talked about this plan. Luke just talked about his plans. What other uses and types of things, either from a land use perspective or from a transportation perspective or public realm perspective or other things you think are really important for us to consider as we continue to think about what this area evolves into. Because I agree, it's super exciting. There's a lot of great stuff happening. What else would you like to see? As we continue to grow density, it's going to be after John's comment earlier about just being focused on pedestrians. It's going to be a challenge. Traffic, parking, people, and so it's going to be something we've never dealt with in the South Main, so it's already possible to walk across a street which is in the train.  I can literally lock my front door and take a 30 minute and a half. I don't have so much. Whenever I hear the train coming by, I'm like, okay, what can I do productive for 30 minutes? We go over on the treadmill.  So what does a really walkable urban environment look like to you all? What are the things that we need to consider? And obviously these are things we think about a lot, but just thinking about places that you've been and thinking about what that you would like to see this area evolve to, what should we be considering? Because we are having these conversations about how to get into a walkable. Well, this is from first half to second half. It seems like a mile. And so if I'm trying to get across the street, I'm stuck in the middle of that log. I'm not going to make it across the street. And so I think how John just eloquently stated that earlier today is like, we see a lot of things across the street that we want to participate in but the access is a challenge. So really thinking about those crossings. For sure. I mean, I think it feels pointed across the, the ability to cross if the median comes up, but maybe it's something like further on up where there's at least a mid-block opportunity. That section is also, if I'm picturing it correctly, pretty much what if any sort of landscaping whatsoever, I mean, almost completely. And so this is all my burden, right? I'm sitting on the edge of the library. All of a sudden you, when you look at those things, you realize why it's not comfortable to walk. The curved paths, which aren't so bad on the east side, west side, have a few extra, but then there's no, there are any trees, there's no bushes, there's, and so all of a sudden it's a very stark linty compared to what you guys, when everybody works your way up, it's harder to make kind of a rich landscape north of third, roughly. So a lot of it is a kind of field. You can't continue down the aisle. So you, mainstream, at least on the east side, you can't continue down the aisle. You wouldn't want to if you could, you know? So, mainstream has to be really inviting. This may be moving way too much earth to even get there, but, you know, if you get down to the St. Brendan Bridge, you've got these vistas that are really shaping up to look pretty good, and inviting way to get down there and onto the greenways, and some sort of an essence that that nice area is, is climbing the on the main street somehow, would be wonderful, and I think it would encourage the greening of that, of that desert between the first and the second. So maybe thinking about not only the physical connections, but wayfinding and making sure that that awareness is there? Yeah, not to mention finding the train overpass. That just would be a thing, okay? We've got to have a sign that says other paths that way. So this is the, the writing of 200 block, I think really think harder, how we use our dollars to create the development of ourselves. I mean, cross-mots, for example, most people would walk to it and have a really big hurdle to get over, and I think about the properties of the 200 block. A big chunk of it really needs to be used all the time, and so how do we, how do we assist with that? And are there specific uses you think are, I mean, obviously David presented a lot of information today. When you think about that 200 block, are there uses that you feel like those incentive dollars would be best spent for, or contrary, other uses that maybe others want to focus on, in terms of the capital? Well, I think, you know, and this is where the private partnerships get came into conflict, you know, and we give you ways to provide the workers to develop and improve themselves, but I'm just saying, it does, it is engaging the property owners, like what would it take for you to put some of your money into this, and so Brian, here's the gap, and here's how far we can get, and there's the gap. And I think on a case-on-a-case basis, what would that make sense for you? So are those questions that, as we're out doing outreach to property owners, it would be helpful for you to have that kind of information that's gonna take what you're gonna do? I'm especially the ones next to the surface lot. Yeah, but there's, there's just a few buildings on that block around here that are really useful ones. Yeah, there's some of it, and they're mighty environmental. On the west side? On the right side, yeah. That question and the answer was no, but. Anything else you want us to know? We'll keep you posted on the subject. So I'm just curious, as you all are working on it, what are the challenges that you're lucked out against or what are the biggest obstacles? You know, I think getting the right property owners that are interested or that are present, we have a few on that block that are not in town that feel like the money they're getting off of it is just okay. Some of it is looking at a pretty insurmountable gap of what they want to do. And I think a lot of it is just uncertainty of the market, but I think once Brian's project is stabilized and leased out, we're gonna start clean. I've seen some buying decisions already because of that, but they're buying and holding in kind of ways that it's not their environment. So I think some of that, I do think that, I think it's 2022 or 23 that the alternative sentencing capability is supposed to be done and then that will move the app right now to use a contract of ministry. It is still a significant barrier as people wanting to invest in that space. So I do think, and the ability of acquiring that or figuring out who can acquire that and make that, that's a big chunk in that block that you have to walk by. That's right in the middle. Yeah, yeah, and it's just even so aesthetically I'm placing, I mean even your part wasn't there, it's just a kind of bummer of a space of that block. Is there parking behind that building? Yeah, no, it's right up there. And I think like Joni mentioned, it's a matter of, yeah. Another challenge is, we have a vision. You guys have a lot of great information in your master plan. We have more stuff in the main street corridor plan. Even from a transportation standpoint we have kind of a vision. I don't know that our code necessarily reflects that exactly, and I also don't know that our city standards. In some ways we have a little bit of a mismatch between maybe kind of more suburban green field standards and what I think is really a more walkable place and I think we're making great strides. But I think that maybe our vision's a little further ahead which it should be, right? So we'll need to continue to work through that. I think council's fully supportive of all the work they're doing on the scene. So just kind of making sure that all of these pieces continue to fit together will be important. And I think just the biggest thing is from First Avenue, given that something in the position project on, you want to preserve it I think the walkability and the places you want to visit. So the restaurants, the retail, those sorts of things on that front facing, you know? And so the people will move from First, all the way on up and back down once all of that's redeveloped. And then when we talk about making more manufacturing and stuff, you know, we try to preserve that and work that out for a long time. Is there ever going to want to walk past? Is Bryant property on the west side of the Hunter Block for sale? Yes. Have you randomly entered? Is for sale-ish. Yes. Are we voting? No. We won't be voting. Can we die for it? Well, it's got the power lines. Yeah. Well, you know, as part of that countless project in the Main Street corridor, there was some layouts of what could happen. I do think if there is an investment made in that, looking at a part of a partnership where we help with maybe some of the public-grown green space, and that type of thing, because of how you can and can. To your point about the landscaping and everything, it is a way to do that. Our district is overwhelmingly not green at all. We have great trees, and that's just great. Even small gathering, park-like places don't have that. So that was an opportunity, I think, there. That was something we heard a lot in the Main Street corridor plan, not only in the downtown area, but throughout the corridor. And so because of the physical constraints of those power lines, it seems like a potentially a natural opportunity to do something besides a building, which you can't do. So there were some options with parking. There were some options with green space. And so obviously, whomever purchases that or whomever develops that can take a look at that. And the cemetery is essentially in the Main Street green space. Yeah. I'd be remiss if I did remind you that you will have a report out. So you have these names you should pay from front of you. So if you happen to get that, you might want to. And also, we had talked about those different character areas within the downtown areas, or those different zones. And I think the conversation that we're having around the Maker Block is really going to hopefully end up being a reflection of what does this feel like? How does it differ from the historic core? Again, I think of not for industrial groups keeping that authenticity of our town. I think we're going through our master plans. One of the things that really stuck with me throughout that steering committee is there's lots of points of time in history. And sometimes we feel like historic preservation is really only what was built during a certain time period. But in our industrial groups, there are different time periods in that kind of thing. And so this downtown, I think, is going to be a super great question of. And this is a good opportunity to tell us if we're wrong about this down here. Yeah. OK, I am going to quickly go through the findings of the first part of the feasibility study. I've made it very short, so you can just kind of be on a high level. In phase one, I would argue kind of with what Nancy said. The financial feasibility of a facility comes in phase two. So anything feasible if you have unlimited money. But the truth about the financial feasibility is all in phase two. In phase one, they really did an inventory of what is in the region. And is there a gap of certain kind of facilities in the region that if there was something feasible here, what would that space thing look like? So they did look at relevant art venues within 35 miles of Lombard. You kind of see the range of seats where they, most of them, are kind of in that 250 to 1,000-seat range. And so they really looked at what that sweet spot would be for an art center. And it would come. And that's a performing art center. If it's an art center, they'd be performing arts. 1,000 to 1,500 seats. They feel like that would be a moderate development cost and operating cost, which is adequately sized for our market. Thinks that it could be possibly booked at the time. And they also kind of looked at it like this. They looked at the community demand, lo-fi, which is a group of performing arts organizations. And the hotel story is a little bit not as great. It is not a full-service hotel right now. So full-service hotel. Now we have tons and tons of limited service, which is everything that we have here. And so not able without a private partnership or something, able to support a full-service hotel. But still looking at that, they definitely said that it could grow into that. And so they're looking at land space, making sure you land available for who's now to be added. If this moves forward, it'll just happen at the same time. I came from a tourism board and we ran a conference center without a hotel. It's pretty hard. I will say it's always a barrier. People don't want to drive from other places, like part of the waterfall or something like that. So again, they did say co-located arts and event center. What that would look like, they are thinking right now a multi-purpose theater. So about 1,000 to 1,500 square feet, or I'm sorry, seats. And looking at building that, so if you do have a 600 person performance, you can, you know, nothing sadder than going to a, you know, 200-foot venue with a 25-feet hold, right? It just doesn't feel good. So they can kind of close different parts of it off. Looking at lighting, orchestra kit, that type of thing. Having a multi-purpose room or a black box theater. So this would mimic the stage area of a performing arts center. So if you had rehearsals and you also couldn't book the main hall, you still couldn't. And we should have a new facility, be built. Where's location? Oh, how many acres of me? Yeah, acres are bigger a little bit today. Let's just ask the question backwards. To be built up. We're talking about- Is it a space water? Yeah, we're talking about stuff here between me and going in that way so far. So. They're actually saying primarily most of the land there by the way. I'm just digging up the land space in the center to build some kind of a water. That's okay. We'll be in an ownership of it. Through that survey process in 2018 at the council retreat before we even floated this proposal. So we know that that land is available. There's discussion, especially from the arts community, about whether the land is appropriate because- I will come around. Oh, wow. You share a common stack. Be able to fill that, bring in some different talk about smuggler information among those funding partners to ensure everyone- The EBA may play a certain piece. If there's a business partnership organization, what we feel and what's partnership is that blue bubble. They are doing advocacy in a unified voice, community education, after which in the smaller partnership model, which is their membership organization, underneath that they have a business improvement. I'll always go with their fund. That really helps. At a foundation board, the partnership could convene once a quarter kind of not only is there a common staff, but there are common board members up on that partnership level that are again, holding accountable of what piece for the part. So making sure that updated bylaws are saying that these are musts and that you're trying to be on these boards and these boards and have the children laughing is very important. So they're going through that. One of the things that they're doing in St. Charles in Illinois is they have combined the St. Charles Alliance, which combined the visitors organization and the downtown organization, both are marketing a sense of place, both are using tax dollars. So by combining those, we eliminated overhead, although the visitors association still markets the entire place. There's synergy within the core of them. So a lot of it has overwritten a lot of good ways to do that. Whether the downtown Bozeman, they have a membership organization underneath there that have a business improvement district and also their urban renewal, which is a different way to get a tip. When you have an urban renewal, as you know, we overlap a little bit with an urban renewal at the southern end of our district within that urban renewal. Does go within the entire state of the border. So that would be an early good tip within that border. And so we've talked to me a lot about, although the tips may come from the urban renewal, how does the district management from the TVA carry down there? So once they get their tips out, they're like, this is management. So different ways to work with that. And downtown Grand Rapids, so they have a management entity that manages their TVA, they have improvement district, much like our general improvement district, that's a tip district. And then they have what they call five citizens of the line fits. And so these are lines that begin it. It's a way of broadening that conversation and they get more stakeholders within your area feeling like they're making your real influence. So they're looking at river development, they look at downtown neighborhoods, they look at mobility, they look at economic opportunities and they look at inclusivity. And so some of this I think we started with actually the residential committee, so we do have a committee that's looking at downtown residential on either side, but possibly ways to grow. And then in a system like that, there would be someone from each one of the citizens of the line fits that come on that partnership board again, holding those people with the conversation. So I have this and I'm gonna try to pull it up on the screen, but we wanted to have each of you break into two groups or I think we'll just touch your table and ask to talk about what a partnership model would look like. And so really just kind of a list of pros and cons of what you think information or what other kind of questions would you want answered during that time? Here's an example of a kind of a greater partnership organization. I did realize that Summer 501 C6 and Summer 501 C4. So C6 is kind of business association and C4 is a civic organization or neighborhood organization and found both ways. And they manage different things, BDAs, business improvement districts, general improvement districts, other special taxing districts, looking at foundations or nonprofits for charitable donation, looking at part of the parking districts if it grows into that. So I just want to show some of this different models to fit together. Do you guys feel like you're pretty solid? Pretty solid. We're not. Like concrete. So I think what we're gonna do is have each group kind of report out, talk about pros and cons, what we're gonna talk about is a group. We're not being asked to make a decision. The board is not being asked to make a decision today. This is really, what do you think the pros and cons are? Where do you feel like you need more information in order to potentially provide some additional direction? So if there's things that you're not sure of or that you want DDA staff to collect more information on that, we're really the time to do that. Kimberly will take notes. I'm gonna get up on camera, potentially. I know, I know, it's these like, they're very wide cameras, yes, and it's been exposed to that. Ah, so, do you want to go first? And talk about pros and cons, what are you guys talking about? So. So. So. Definitely, economies of scale is a pro in sort of being able to broaden the available resources while you need expensive work in line. And synergy across various organizations, even including other city organizations and stuff like that, I think working together on, for example, on 2.0 has been huge for various organizations in town, or at least on, to begin with, kind of coming together and so you further that with this model. We have the number of voices as both pro and the con. So it's great to have other voices at the table and get all those different areas of input, all of them are stakeholders, other people flowing in the same direction. The same time we've made it to Rod, a lot of voices can also cause a lot of outside water, no, no, it's. We think that some organizations like this probably have grown deep or nimble. Given the structure of the DBA currently, it's probably, you know, it's tied directly to the city, which is informal, but also does place limitations on what? I do that in half a year, I do that in half a year. Anyway, more resources are pro and then just overall visibility was something that Jen brought up.  So you become a greater community, saying you're focusing too much on downtown? Or say the organization comes to encompass more than downtown, but it doesn't have the same tools as downtown? Is that right, Sarah? Yeah. Limitations on the ballerines, since you did so big, it gives you the loop, your funding, do you delete your passion? You know, it's easy to be passionate about downtown, it's sort of geographic scope. Is it harder to be passionate about a word or there it is, I don't know, that could be a con? And then we had questions regarding, John pointed out, you do have a really great leader to have these three, you know, multiple organizations coordinating and stuff like that. You know people like that, but you really have to change the leadership role. Communication would be huge and how would that all happen? And then that I think would expand possibly your property from local versus remote ownership. How do you get membership from remote owners property? So those three things are really things you'd like to see, how do other entities and models Yeah. So you'd really like to see where that's working well if there's examples of that, what are they doing to do that? Okay. Are you speaking faster? Yeah, yeah. First, our purpose of community engagement, diverse groups. And I'd like to read you, but speed it up. Very real material. And state culture, so okay, would be involved with it. Another one of the pros and cons about, some of this religious repeats what they've already talked about pretty much, a combined resource, so that includes both money and knowledge and anything like that, be shared with them. And then another thing to be shared in workload, okay, and space. So you look as long as friends and people are together that they will be reduced in a lot of different ways, overlap, things like that when they have it. Some of our negatives is you see a confusing role. Who's really responsible for what? Sometimes we'll come up. I also brought up a positive reason for pointing it. The important, when you bring those together, and you are supposed to do that, that's not my responsibility, that's not really not that way, definitely. People tend to do it when you bring them together. Then they're worried about the organizational structure. How do that work? I think that once again, it's looking at the leadership of the groups where you're going to be in charge of this, because even though you have three groups together, someone still needs to be in charge, or four groups together, who's actually eventually going to be responsible for the whole group, okay? Then there was something that should never conflict an interest. How do you set that aside? As more people come to the table, typically you start to see conflict of interest being involved in this situation here. And then capital resources. How is that shared? And that's typically the need to conflict of interest. We bring the X amount of dollars to the table, how much are they bringing to the table, and who's going to be responsible for this grand. And then an interesting expression sometimes, less is more, okay? So are we really creating that better group by combining it to one group? Are we creating more? That more people are involved with it? How does everything work? We did like some additional information, and that is a deeper dive to some of that subject matter here as well. Maybe more information that looks at a different level of it. And then we're making a possible tour, seeing the actual house of lay of the land, if we could work. One thing we have here, way back years, we keep seeing in here like four cops is an example, our Lewisville, but I don't think we'd actually go on and look at it, to see and compare the district or the area. So I think today when we talk about walking around, I've been up to four columns, I've been down in Lewisville, but I haven't been in Colorado all spring. The comparison, a lot of the comparison we have, tennis especially when we get consultants outside of this area, is all over the US. So it sounds like maybe in conjunction with expanding on some of the resources Kim really talked about and doing that deeper dive, maybe picking a few to go take a little gatter or have someone come in and talk about it. Well, we get especially coming in and talk about, to least mercy and knowledge and give an opportunity to ask questions. Are you impossible to really get is a mission we're given to take a tour to, take pictures of real life. But really today, an example today, is the Carlton Street space corridor. Okay, last August, I went back to where I'm from, won't be stopped pointing, they haven't done that. Okay, and one of the things I learned in the time was there that very same street that everything's there, the community around it are complaining. Because accidents are coming, they're getting collectibles, because of the buses and how everything's designed, the sidelines change all of a sudden. So we used to drive and everyone's used to driving and they're also gonna get to a different spot that's entirely different. And so, that's something that we can look at too. I'd like to say something nice about minimalness, which is that as a stance, I think LDPA is about the most minimal commission we've got in terms of getting things done, turning on a deadline, this is very effective. Just, so I don't want you to risk that because you are doing a great job. So it sounds like you, yeah, that's a good job guys. It sounds like you'd like to see potentially how could that be maintained in a type of commission. Yeah, don't let it go. It is, because then you need more people to really have the decision to take some longer because you have more voices at all. So it sounds like maybe some more information, I think he's kind of talked about it, but kind of on that leadership structure I heard about from both groups. And then maybe a little bit about how does decision making work and like some examples of that and getting to the nimbleness. Anything else with this topic? Additional information you want, Kimberly and her staff together? Things that Susan from Colorado Springs is happy to either host a spirit tour or come up, have a Q and A, whether it be virtually. So I also talked with Matt. They don't utilize a formal partnership model. They fund their business organization and do that type of thing. However, we are, they invite you guys to come up as a board if you want to go for a tour. Number one, Phil and I thought there were some transportation similarities that we could look at while we're there. However, he makes me Denver who can do a transportation tour. But Jim sent me a very thoughtful and very kind of, I've got more buying and stopping your tax overview. Really, I mean our TIF will run out in 12 to 13 years and it feels like a long time when it's really not. And Grand Junction and Fort Collins, there's will stop first about a year. So I did ask Matt if he's thinking about next steps. So you all know our TIF was set to aspire to 30 years. DDA's went to this day for 20 years when we got there. His board is also happy. People are a remarkable band from Ross Monster. Yeah, I love that idea. Well, I'm... It's summertime again. Yes. And we all got to do the incline afterwards. Ready? Ready to set go. It's Master Sheet. And whoever has a priority, she'll kind of put a dot next to it. We're hoping that there may be some overlap if there's not enough conversation. But we'll just go through and does anyone want to start? Who gets to go first? Top three. Hopefully not more than three or four priorities. Thank you. Good job, Jim. All right, I guess we may overlap with the person that I have. This is literally a family beyond an old accountant proper. And when I say that, I've talked about being disability about a long time. So this is a new... This is something new, not in the current plan. Right. At least I didn't see it as far as that is doing. I know this sounds crazy, but... This is really internally for the Long Park area, for example. The number of individuals that are in the downtown area now that have lived here forever, they have no knowledge of anything that's happening in this area because if anyone asks, they give you the feedback. Well, I had no reason to come to downtown. So how do we touch what's here? Because we've got 100,000 people. Okay, so visibility, raising awareness internally and externally. What's your third one? If you have one. I do have a third one. Okay. She was so enjoying it. It's the same thing. What do you mean about parking? Because we have it. Do you want more of it, less of it, different type of messaging? Messaging so that individuals that are coming to the area understand what's available. As an example, people want to be close to coming again. If there's not something in that lot that's directly there, it's like people will circle until someone free's up. Not knowing that if you went a lot in another direction, there's ample parking available. So are you talking about enhanced wayfinding for parking? Yes, there has to be something. Because people, I mean, you can sit and watch it. And I go, wait, if you just go, no, I don't want to go over there. Well, it's the same distance. No, I'm not interested in that. So how do we communicate that there? Okay. So what I'm going to do is take some leverage. I'm going to put up here. Our first program is coordinate marketing and info. And so the visibility piece. And then down is include marketing for art, culture, and events. So that's what we've come as marketing. So I'm going to put that on there. And then the wayfinding piece, and I specifically put parking. You have a question? No, no, I'd like to go next. Okay. So I think that the immediate need, it's like Jim said, is the wayfinding. And so that will connect everyone to the down pound. You're talking about more general wayfinding, not just related to parking? Not just related to parking, but general. But also to what Mark had mentioned about getting down to where the trails are now by the river. I think that that's critical to get people down in that area, at least to know that it's there and that it's accessible. And then I think long term is the partnership with public private partnerships to develop, you know, with specific needs in the downtown. I think that that's a long term. And then I would say that my third is, I mean the visible signals and then the improved needs then the infrastructure that kind of goes hand in hand. So I guess I only have two out of three. So when you talk about public private partnerships, I think you put a dot on that. But are you looking at, is there a specific thing? So the focus has been now, you know, between first and second block area. And I think that if you want people to have a place to walk, you have to redevelop that corridor so that that's a place to walk to. So I think it's critical to come up with incentives to redevelop that area on Main Street. So that's really focusing those public private partnerships in that geographic area. 200 block area. 200, yes. Absolutely. Great. I'll build some of it. So I'm going to leave here more information about what I got here. There's a lot of great stuff happening. And I agree with the way you find it in the parking. I have a message in these fears. A lot of parking in the pipeline. We need a little bit of patience to get there. But, you know, we'll come soon. So I would accelerate something on the 200 block in terms of incentive for redevelopment. And also, we're really excited to make it from first to ninth per place of people enjoy walking.  So it really needs to be, not just for those things to be safe but a place that people want to walk. You can steal that from the hill. That's a little bit. So those are close to medium. And then I think the other thing that I mentioned was noting, as we continue to elevate the quality of downtown, those that aren't keeping pace are more noticeable. And so people who aren't maintaining or investing in the property, there's somebody in the games around because as others really raise the bar, it's frustrating and disappointing when others don't. So, to capture that, I did put, and I'll put another dot by the private public partnership 200 block. I added just head of entities between 1st and 9th on May. There's a lot of time to do it, but I added that specifically. And then the beginning when you talked about the messaging over parking, are you talking about wayfinding or are you talking about just... Well, there may be for the next 18 months there needs to be more signage and more wayfinding. We've got a coughing project with parking coming online. Another couple years after that parking coming online. It's out of caution. So... So part of the coordinated marketing, well, is this parking message. Yeah, but it's in the pipeline. Yeah. It's actually in the pipeline. So that might be something when we do get to this conversation about how do we develop that consistent coordinated message? That might be something you want to file away as being an important component of that. Yeah. So there's a lot of similarities to what John just shared and Joe's will go next. I think... I learned today that 40% of our business owners have been in business 10 plus years. Like, that's insane. Yeah. Yeah. I can venture to say South Summit portion is going to be even greater than 40%. It's a lot of those businesses I think we engage with. So participate in public-private conversations and redevelopment ideas to enhance our goals is one. Can I ask you a clarifying question? I think what we heard from these folks is that it's that targeted geographic area. Are you... Yes. But I also have some tactics that kind of go across the entire downtown. I think one of the ideas is maybe like this is an awesome conversation we're having. I think we can increase our influence to have this conversation beyond just this world once a year. And so Kimberley does fantastic with having these conversations with business owners that I think if we were to invite different blocks to board meetings it's just an idea to have a similar structured conversation with them. That's just why I get to grow our influence beyond the once a year retreat conversation with these discussions. But I think we need to engage more stakeholders bringing in the conversation. And then within that looking at incentives to determine what's appropriate to lift the max on we saw for example what's appropriate today so anything. So yeah, having flexibility with incentives John mentioned that for those capitalistic projects. We've developed a strategy to enhance pedestrian walkability. I learned that in the first 15 minutes of today John being focused on pedestrian, what is their experience in our downtown. So many people added to our downtown in the next 6 months so we pay attention to that and listen to them and being so focused on cars and being more focused on pedestrian. Sure, can I ask you a follow up question I know that you have within the master plan some specific targets around Kauffman and specific intersections. I think what I heard John say is really that focus on Main Street itself do you have thoughts on that or is this just a more general focus on pedestrian to moving people in the entire district. Yeah, my focus is on Main Street but definitely during the Kauffman project we've been meeting that area and then I have this super old building so I'm going to kind of say character blend with new I think that's going to be really critical as we move forward is respecting the character and celebrating the character and blending that appropriately with new because I'm going to have new my building is new right next to me so it's just that blend and storytelling that. Does that look like there's design standard on here somewhere? Does that look like that or are you just saying kind of can I chime in on that so that's one of my work and so that will help me out beatness, beatness and down that area with consistency and that drives in which is on the design guideline period. So I'm on here so develop that kind of guideline so we could do two things we could try to make them absolute and ask council to adopt them and we absolutely have to do this or we could have a set of design standards that say as you're asking from partnerships and that sort of thing we'll have to make these or have a good reason why you can't and then things are finding out with that and I'm just at this point to connect back to the private partner private partner partnerships for development I think one of the challenges with some of the properties in this area that we're talking about is the buildings really have past their useful life and so they can't get a plan so they're not even able to bring much themselves to the table because the bankers are just not there to do it so it's sort of helping those people whose properties are well cared for in this Well that's all we're going to do I don't know we'll also look at the situation we've got a nice loft so we've got a building we have this wonderful landing on the ground a little bit and we haven't ended that we do parking lot and add some other features to it for me it sort of started to be this morning and then as we went on through the day we had the proposal from Ross Monster I think in the first year and a half I was on this board I don't think we lifted the cap once and I think we lifted the cap four times this year on the cost for various projects and I think we really I think this kind of goes in under number one in the diversity of downtown and where we put where we put our grants and I think we also need to look ahead I think we're going to get into the most challenging part of this redevelopment I think and I think the grant request in some of these areas is larger than we expected or as it develops something really great is going to hit just more and more expensive there are going to be some really big things I think we really need to rethink the way we handle that kind of try to forecast what's happening there as well as the whole public private partnership I'm not sure after today our grant money sort of categories are all in the right spot so we need to review all of that as part of the public partnership I think we need a first and third kind of master plan from what we can effect I realize you're still kind of on individual property owners and they can do what they want to do but I think everybody's interested in that area and it's a catalyst type area we need sort of the master plan more specific to that and then I kind of I'm inspired by by growing the employment base and so I think all of these kind of four together the right office isn't here what we can do to get the right office here but that's probably going to take some money so they're just all kind of bonded together so I put a dot next to moderate office space because I think that's what they do I did I've heard look at it several times so I do think that's all in with private public partnerships so I put that in and looked at how it was like and then