DEVELOPMENT OPPORTUNITY IN THE HEART OF THE MEDIA DISTRICT
A DEVELOPMENT OPPORTUNITY IN THE HEART OF THE MEDIA DISTRICT
Marketing description
The Property is located across the street from Warner Brothers Studios and a mile from Other Studios, Providence St. Joseph’s Medical Center, and the Burbank Studios lot.
The Property is surrounded by the highest concentration of entertainment companies in the world and lies within one mile of approximately 4,250,000 square feet of class A office buildings. Retail amenities such as Arnie Morton’s, Olive & Thyme, Whole Foods Market, Bob’s Big Boy Diner, Mendocino Farms, Lemonade, Sweet Greens, and the Smoke House Restaurant are all within walking distance.
This is a rare opportunity to acquire one of the last development sites in the Media District.
Investment highlights
Located on the corner of Riverside Drive and Hollywood Way, the property offers unparalleled visibility and sits across the street from the onramp to the 134 freeway.
The Property is a rectangular lot, stretching from Hollywood Way to Screenland Drive. The dimensions are approximately 234 feet by 108 feet.
Site is part of the Burbank Media Center Specific Plan Update, which increases the density for residential development.
A new development at the Property would offer residents walkability to high end grocery, dining, offices, public transit, and parks.
The MDC-3 Medical District General Business Zoning allows for a variety of commercial and residential uses.
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