Warner Bros. has sweeping plans to expand its Burbank headquarters by acquiring a nearby studio complex and moving into two Frank Gehry-designed office towers fashioned to look like icebergs floating alongside the 134 Freeway.
, a $1-billion mixed-use complex being built across the street from Disney Hall in downtown Los Angeles.
“From the freeway, the buildings are composed as one long sculptural glass façade that creates a single identity like icebergs floating along the freeway,” Gehry said in the statement. The Ranch will continue to operate as a studio and office complex, Worthe said. He envisions developing as much as 1 million square feet of additional office and production facilities there in coming years.
“We are proud to continue our longstanding partnership with Warner Bros., which dates back over 30 years,” Worthe said. “We are thrilled to deliver these iconic buildings to Burbank and can't think of a better way to honor Warners’ past 100 years and celebrate their exciting future.”studio space is at a premium
The Warner Bros. acquisition is part of a pattern of rapid expansion among creators of entertainment content in Los Angeles County that has led to more than 3 million square feet of leases for new space in the last nine months, said real estate broker Carl Muhlstein of JLL, who advised Burbank Studios in the transaction.
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