Airport District

HI-TECH & BIG BOX

Hi-tech companies, conference hotels, and big box retail surround the Hollywood Burbank Airport, with Empire Center one of the highest producing power centers on the West Coast. Convenient access to Silicon Valley has attracted technology companies and affiliated industries including Insomniac Games, eSolar, Technicolor Digital Cinema, Evolution Media, and World Famous West Coast Customs.

DEMOGRAPHICS

  • Burbank, CA Airport District resident demographics

    146,804 10 MINUTE DRIVE-TIME
    328,370 15 MINUTE DRIVE-TIME

    Residents
  • Burbank, CA Airport District average household income demographics

    $74,620 10 MINUTE DRIVE-TIME
    $75,026 15 MINUTE DRIVE-TIME

    Average Household Income
  • Burbank, CA Airport District education demographics

    35.3% 10 MINUTE DRIVE-TIME
    36.8% 15 MINUTE DRIVE-TIME

    College Degree Or Higher
  • Number of households in Burbank, CA Airport District

    53,252 10 MINUTE DRIVE-TIME
    120,990 15 MINUTE DRIVE-TIME

    Number Of Households
  • Burbank, CA median age

    36.1 10 MINUTE DRIVE-TIME
    36.0 15 MINUTE DRIVE-TIME

    Median Age

Source: Buxton

PSYCHOGRAPHICS

Progressive Potpourri Ethnically diverse and urban centric mature couples with comfortable and active lifestyles in middle-class suburbs.

Striving Single Scene Young, career-driven, singles living in Midwest and Southern city centers. They are interested in sports and fitness, technology, and consider themselves foodies with an active social life.

Metro Fusion Middle-aged, ethnically diverse, singles living urban active lifestyles in city apartments. Consumers make modest investments and are digitally dependent.

Steadfast Conventionalists Conventional Generation X families located in selected coastal city homes with limitedinvestments and high school educated. They are ethnically diverse with family abroad and health conscious.

Source: Buxton & Experian Segmentation

BUSINESS PROFILE

  • Burbank, CA Airport District daytime workforce

    81,398 10 MINUTE DRIVE-TIME
    191,033 15 MINUTE DRIVE-TIME

    Daytime Workforce
  • Number of business in Burbank, CA Airport District

    963 WITHIN ONE MILE RADIUS
    12,783 WITHIN THREE MILE RADIUS

    Number Of Businesses

Source: The Nielsen Company, Buxton

The Airport District generated 30% of Burbank’s total sales tax revenue from 849 businesses within the district.

*Source: HdL Sales Tax Data, Third Quarter, 2016

Major employers in Burbank, CA Airport District

Major Employer, Retailers

  • Hollywood Burbank Airport
  • Los Angeles Marriott Burbank
  • Airport Hotel
  • West Coast Customs
  • 24 Hour Fitness
  • Target
  • Walmart
  • Lowe’s
  • REI
  • Best Buy
Burbank, CA Airport District statistics

District Statistics

  • Office Vacancy Rate 15.2%
    Office Approx. Cost Per Square Foot $2.97/Sq. Ft.
  • A & B Office Vacancy Rate 15.7%
    A & B Office Approx. Cost Per Square Foot $3.00/Sq. Ft.
  • Retail Vacancy Rate 0.6%
    Retail Approx. Cost Per Square Foot $2.63/Sq. Ft.
  • Industrial Vacancy Rate 2.3%
    Industrial Approx. Cost Per Square Foot $1.20/Sq. Ft.
    Source: CoStar, As of First Quarter, 2017
Burbank, CA Airport District development opportunities

Potential Development Opportunities

Co-Working Office Spaces
Flex/Industrial Office Parks
High-Tech Creative Space/Concepts
Hotel/Convention Space
Transportation/Aviation Companies
Mixed-use development