Take 2: Redtail Ridge hopes scaled back plans jibe with community desires

LOUISVILLE — Last summer, Denver-based developer Brue Baukol Capital Partners LLC’s dreams of building a thriving mixed-use project anchored by a new Medtronic Inc. corporate campus at the long-vacant Phillips 66 (NYSE: PSX) property adjacent to U.S. Highway 36 evaporated as local residents and city leaders balked at the scope of the ambitious proposal.

About a half-year later, Medtronic has abandoned the project in favor of a development in Lafayette, and Brue Baukol is back and ready to take another swing — a swing more likely to produce a line drive double than…