Los Angeles Business Journal

Burbank Airport Scales Back Development Plan

By Business Journal Staff Tuesday, December 3, 2013

The Burbank-Glendale-Pasadena Airport Authority decided on Monday to scale back the commercial development of land it owns adjacent to the Burbank Bob Hope Airport.

The authority is submitting to Burbank officials an application that would limit to 2.35 million square feet the development of the 58-acre parcel. The original concept was for up to 3 million square feet of mixed-use commercial and industrial development.

Reducing the square footage was a response to public comments that the project as proposed was too big, said Authority President Sue Georgino.

“The lower density of development reflects a more desirable and practical shorter 10-year time period over which to plan the site build-out,” Georgino said in a prepared statement.

The property, formerly owned by Lockheed Corp., remains in a trust until the authority sells it.

The application submitted to the city also includes a replacement 14-gate terminal building to be built on 49 acres. An environmental impact report on both the terminal and the commercial development is expected to be completed in 2015.