The Denver-based developer, already licensed to build multi-family housing in Downtown East Louisville, also known as Delo, is trying to change its plans and increase the number of rental units.
LCP Delo LLC, a holding company operated by developer Littleton Capital Partners, is scheduled to appear before the Louisville Planning Commission on Thursday in an attempt to relocate its Delo West project, which includes 66 multi-family housing units and approximately 1,575 square feet of commercial space. , closer to the finish line.
City officials have already given LCP the go-ahead to build a planned unit development with a single 33-unit apartment building and eight working townhouse units on the nearly two-acre parcel at the southeast corner of Griffith and Cannon streets.
However, “LCP seeks to modify the PUD in order to [to] match market demand with community needs for additional rental housing, while meeting the neighborhood’s mixed-use zoning goals through the construction of a freestanding commercial building,” the company said in a memo to planners. Louisville.
LCP “believes that the townhouses currently permitted to live and work are not a viable use, and that additional market-priced, affordable apartments will better meet housing demand in the city,” the memo reads. . “Not only will the apartments provide housing for a greater number of community members, but the use is also more feasible from a constructability and marketability perspective compared to working townhouses.”
The developer anticipates that the commercial space will house health and fitness businesses, catering establishments, retail or professional offices.
Thursday’s hearing follows a June 9 Louisville Planning Commission meeting where concerns were raised about traffic and drainage.
According to planning notes, LCP expects the modified project to generate 532 weekday trips.
“Generally the site drains acceptably, but minor modifications are required to this plan,” the planners wrote. Louisville officials could make approval of a PUD amendment dependent on these minor changes.
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