New Whole Foods for Burbank in 241 Unit Mixed Use Apartment Complex

Posted October 22, 2014

In Apartments, Columbus, Commercial, development, net lease, nnn, real estate, Retail, Santa Monica

It took developer Michael Cusumano two years to get this through Burbank’s planning commission and city council, and despite the objections of Burbank’s mayor, the project finally got approved. Residents complained as always that the project will jack up traffic flow.

The developer will have to drop $250,000 to go toward ‘traffic calming’ measures and the city council voted to chip in another $750,000 on top of that. Approved is a mixed use building in Burbank’s Media District of 241 luxury apartments units to be named Talaria with ground floor net leased retail with a polished casual restaurant and of course the new Whole Foods as major tenants, and maybe the only tenants. Plus, a new parking garage for 751 vehicles and walking distance to Warner Brothers and NBC Studios.

Any questions or interest in a net lease retail location in Burbank, feel free to contact me, Scott Harris Realtor at 310-473-4789

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