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DOWNTOWN BURBANK NEWSLETTER - FEBRUARY 2006 |
Champion Development's $80 million mixed-use development in Downtown
Burbank is set to begin construction during the 1st quarter of 2006 with
completion scheduled for the 2nd quarter of 2008. Called "The Collection,"
this major addition to downtown completes phase II of the AMC project,
with 118 residential units and 40,000 square feet of retail and restaurant
space. The
Collection will occupy the lot immediately adjacent to AMC 16, with retail
uses on ground level and residential units above. Residential units will
range from 600 to 2,200 square feet with a mixture of studios, 1-, 2- and
3-bedrooms and lofts. Finishes in many of the units will feature granite
countertops, hardwood cabinets, walk-in closets, spa baths, stainless
steel appliances, and floor to ceiling glass. Prices are anticipated to
range from $350,000 to $1.2 million. Fifteen of the units will qualify as
affordable, with the rest at market rate.The retailer Urban Home has signed a letter of intent for 14,000 square feet. The store currently has five locations, and is similar to Pottery Barn. Hip shoe store Skechers has also signed a letter of intent for the property. As part of the development, Champion is fully providing for the parking needs of the project's residents and retailers, while adding an additional 278 for general downtown use. Total number of new spaces that the Collection will add to downtown's parking inventory is 723. "Downtown Burbank is a phenomenon that I'm extremely pleased to be a part of," says Robert Champion, President of Champion Development Group. "I've been watching the area evolve into something great, and am glad to be contributing to its future success. |
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EQ3 FURNITURE AND ACCENTS OPENS IN DOWNTOWN BURBANK |
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For events, shop and restaurant listings, film times, parking information or to contact us, visit |
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Downtown Burbank's official website. |
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