Construction is underway for the first component of a mixed-use development featuring housing and commercial space in Downtown Burbank.
The First Street Village, located on approximately 3.4 acres of land at the southwest corner of 1st Street and Magnolia Avenue, was approved by the Burbank City Council in 2017. The project calls for the construction of a three low-rise buildings containing 275 apartments and approximately 19,000 square feet of ground-floor retail and restaurant space. Plans also show structure parking located on two subterranean levels and within a podium garage.
CBA Partnership is designing the complex, which is depicted as a collection of contemporary five- and six-story structures. Each is depicted with a T-shaped courtyard above the podium level, as well as a series of smaller terrace decks.
The development site is owned by Del Rey Properties, with Chandler Partners serving as the project's general contractor.
Construction of the project will occur in three 18-month phases, the first of which broke ground in early May, according to a representation of CBA Partnership. The second phase is expected to break ground at roughly the halfway completion point of the first, with the third phase to follow at the halfway completion point of the second phase.
The First Street Village, a rare new housing development for Burbank, could be joined in the coming months by an even larger mixed-use complex across the Golden State Freeway. Last week, LaTerra Development announced that it had acquired a vacant eight-acre property at 777 Front Street, which is entitled for the construction of a hotel and housing complex.
Both development sites are located within walking distance of the Burbank Metrolink Station.
- Burbank (Urbanize LA)