No City Income Tax • No Gross Sales Receipt Tax
Streamlined Permitting Process • One Burbank High-Speed Fiber Optics Network
LEED Incentive Program • Energy Solutions Rebates • Solar Power Rebates
“Downtown Burbank rivals Downtown L.A. in its evolution as the hip ‘go-to’ spot for dining, shopping and entertainment. There is an excitement and buzz in the air as iconic restaurants and shops are opening and taking advantage of the great weather, pedestrian-friendly streets and seven-day-a-week traffic. This is the beginning of something big!”
— Leslie J. Mayer
Executive Director, Retail Services, Cushman & Wakefield
There are many compelling reasons to choose Burbank. From strong demographics to a high quality of life and a thriving business community, Burbank offers you an unparalleled competitive advantage.
With over 600 shops and restaurants, the largest IKEA in the US, Flappers Comedy Club, and the AMC movie theaters, Downtown Burbank is a top shopping and entertainment destination. In 2019, Downtown Burbank generated 17% of Burbank’s total sales tax revenue*.
Potential Development Opportunities in Downtown Burbank include:
- Hotel/Convention Space
- Unique Dining Concepts
- Urban Mixed Uses
- Mixed-use developments
If you have any questions, or would like more information on leasing opportunities and developments in Downtown Burbank, please contact us at 818.238.5180 or at email@example.com.
*Source: HdL Sales Tax Data, Fourth Quarter, 2019
Downtown Burbank is at the epicenter of numerous proposed and approved development projects. Bold in scope, they promise to transform the shopping and dining experience for patrons, adding density, amenities, and new reasons to visit the area. They include:
BURBANK COMMON at 10 West Magnolia Boulevard, a proposed mixed-use project with 19,000 sq. ft. for a brewpub and restaurant space, 33,000 sq. ft. of event space, and over 47,000 sq. ft. of outdoor space
PREMIER ON FIRST at 103 E Verdugo Avenue in Downtown Burbank. A proposed 230-room hotel in a mixed-use project with 154 residential units and 12,900 sq. ft. of retail/restaurant space.
IKEA SITE REDEVELOPMENT at 600 N San Fernando Boulevard. A proposed 200-room hotel in a mixed-use project with 1,165 residential units and 47,420 sq. ft. of retail/restaurant space.
LATERRA MIXED-USE PROJECT at 777 N Front Street in Downtown Burbank. A proposed 317-room hotel in a mixed-use project with 573 residential units and 1,067 sq. ft. of retail space.
FIRST STREET VILLAGE MIXED-USE PROJECT at First Street and Magnolia Boulevard. An approved project featuring 275 apartments and 18,967 sq. ft. of retail space.
- AMC Burbank Theaters rank in the top five of cinema circuits nationwide.
- Recent restaurant arrivals include Shake Shack, H&M, Cost Plus World Market, Urban Press Winery, and Yard House.
- The AC Hotel, a 196-room European-style lifestyle concept, is slated for groundbreaking in 2019, with an anticipated opening in 2020.