Media District

Entertainment Capital & Studio Hub

With one of the highest concentrations of entertainment companies in the world, Burbank’s famed Media District combines world-class production studios with exciting dining options.

Demographics

  • 145,889 10 MINUTE DRIVE-TIME
    578,711 15 MINUTE DRIVE-TIME

    Residents
  • $87,720 10 MINUTE DRIVE-TIME
    $81,294 15 MINUTE DRIVE-TIME

    Average Household Income
  • 49% 10 MINUTE DRIVE-TIME
    47% 15 MINUTE DRIVE-TIME

    College Degree Or Higher
  • 65,114 10 MINUTE DRIVE-TIME
    249,396 15 MINUTE DRIVE-TIME

    Number Of Households
  • 38.9 10 MINUTE DRIVE-TIME
    38.3 15 MINUTE DRIVE-TIME

    Median Age

Source: Buxton

Psychographics

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.

Full Pockets, Empty Nests. Empty nesting, upper middle-class households with discretionary income living sophisticated lifestyles, in addition to being environmental advocates and fitness minded.

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

Urban Edge Younger, up-and-coming singles living big city lifestyles located within top CBSA markets. Consumers are ambitious, highly educated, urban dwellers that are environmental and exercise enthusiasts.

Source: Buxton & Experian Segmentation

Business Profile

  • 127,361 10 MINUTE DRIVE-TIME
    345,632 15 MINUTE DRIVE-TIME

    Daytime Workforce
  • 1,745 WITHIN ONE MILE RADIUS
    11,992 WITHIN THREE MILE RADIUS

    Number Of Businesses

Source: The Nielsen Company, Buxton

Major Employers/Restaurants

  • iHeart Media
  • DC Comics
  • Legendary Entertainment
  • Providence St. Joseph Medical
  • Center
  • The Walt Disney Company
  • Warner Bros. Studios
  • Coffee Commissary
  • Amie Morton’s
  • Simmzy’s
  • Dog Haus
  • Olive & Thyme

District Statistics

  • Office Vacancy Rate 9.9%
    Office Approx. Cost Per Square Foot $3.31/Sq. Ft.
  • A & B Office Vacancy Rate 9.1%
    A & B Office Approx. Cost Per Square Foot 3.46/Sq. Ft.
  • Retail Vacancy Rate 5.0%
    Retail Approx. Cost Per Square Foot $3.31/Sq. Ft.
    Source: CoStar, As of Fourth Quarter, 2016

Potential Development Opportunities

  • Boutique Hotels
  • Co-Working Office Spaces
  • Entertainment/Tech Creative Spaces
  • Urban Mixed Uses
  • Mixed-use developments