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Worthe Plans 144-Unit Residential Project in Burbank

Worthe Real Estate Group is planning a five-story residential tower on a vacant, triangular-shaped parcel just north of the 134 Freeway in the Burbank Media District.

The project, located at 3201 W. Olive Avenue, would see the construction of a mixed-use building featuring 144 apartments above 1,058 square feet of ground-floor retail space and two levels of subterranean parking. The apartments will be a mix of studio, one-, and two-bedroom units, with 15 to be set aside for rent as affordable housing.

Downtown Los Angeles-based Wolcott Architecture is designing the proposed Bob Hope Center residential project, which has space along the southern side of the building dedicated to a swimming pool and amenity deck. A portion of the property would be converted into Bob Hope Park, a publicly accessible area with a statue of the iconic comedian in the center.

The project is located immediately east of Talaria, Cusumano Real Estate Group’s 2019-debuted mixed-use residential project that features a Whole Foods Market on the ground floor.

Santa Monica-based Worthe owns several development sites in Burbank. The firm is  behind the Frank Gehry-designed Warner Bros. Second Century project — an overhaul of the Warner Bros. lot — approaching completion to the east of the Bob Hope Center site. Worthe has a $500-million soundstage and office complex in development at the historic Warner Bros. Ranch property, and the company is also partnering with Blackstone on a 500,000-square-foot high-rise office tower near Warner Bros. studios.

 

James Brock
James Brock
James Brock has worked in newsrooms around the world, including in New York, Paris, Abu Dhabi, Dubai, Houston, and Los Angeles. He began his career with a Newhouse News daily, where he served on the news desk and the editorial page. He was the copy chief for The New York Sun, founded and edited the personal finance section for Abu Dhabi-based The National, among other positions. He has interviewed Anthony Bourdain, Tom Ford, Mark Cuban, and many other individual, and has written and edited thousands of stories and articles.
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