Burbank’s own shopping Empire
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Jackson Bell
Since Burbank Empire Center opened in November 2001, several of the
center’s stores and restaurants are exceeding projections. But some
residents and retailers are feeling the side effects of success.
Panda Express and Outback Steakhouse are topping their parent
companies in franchise sales, and major retailers Target and Lowe’s
are in the top 10% of sales for their respective companies, according
to Ben Reiling, president of Zelman Development Co., the site
developer.
Reiling credits the success of the shopping area -- bounded by
Empire Avenue, Buena Vista Street and Victory Place -- with its
proximity to the Golden State (5) Freeway combined with the area’s
population density.
The nearly 1.3-million- square-foot shopping center, built on the
former Lockheed site, includes 18 retail stores and restaurants, two
hotels and 220,000 square feet of office space. City officials say
the center has been an invaluable resource for generating sales tax.
“Where other cities are losing retail sales, Burbank is gaining
and in the top [quarter] in every regular sales sector [in the Los
Angeles area] except for auto sales,” said Community Development
Director Sue Georgino.
Financial Services Director Derek Hanway said the center’s
performance has exceeded the city’s initial expectations, and he
considers it to be the most important local sector for sales tax
revenues.
According to the latest figures provided by the city, the Empire
Center accounts for 17.5% of Burbank’s sales-tax revenue. The center,
which counts Costco and The Great Indoors among its biggest
retailers, generated $4.1 million in revenue during the first five
quarters it was in business, according to Bob Elliot, the city’s
assistant financial services director.
Jack Kyser, chief economist for the L.A. County Economic
Development Corp., said the center is successful because Burbank
previously lacked big-name retailers.
“The center has a wonderful location along the I-5 corridor,”
Kyser said. “That part of the [San Fernando] Valley has been
underscored by retail.”
But Kyser warned that the city of Los Angeles might try to tap
into the center’s market by building a large-scale retail center
similar to Burbank’s to revitalize the Pacoima-Sun Valley region.
“There is always somebody ready to steal your pot of gold,” Kyser
said.
Kevin White, a Burbank resident who shops at the center three
times a week, considers the development a “mixed blessing.”
“[The center] is a victim of its own popularity,” he said.
“Burbank used to be nice and quiet, and it is now becoming more like
Los Angeles.”
Nance Avigliano, who owns the nearby Los Angeles Lifting Club at
1031 N. Victory Place, said she has lost as much as 50% of her
business at one time due to heavy traffic heading to and from the
center.