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By Alene Tchekmedyian, | February 5, 2013
Burbank on Monday approved the sale of the IKEA building to a local developer, setting the stage for the furniture giant to move forward with plans to roughly double its operation in the city and become its biggest location in the country. City officials said they were thrilled about the ability to retain the top sales tax generator in Burbank. And with the expansion, the city only expects to reap more sales- and property-tax revenue, while also holding on to roughly 500 local jobs.
By Zain Shauk | November 1, 2008
GLENDALE — In the wake of a meeting where Gov. Arnold Schwarzenegger reportedly told educators he may call for up to $4 billion in midyear budget cuts to education, state and local officials expressed concern about a crisis that may further impair an already struggling state education system. In the private meeting, the governor told legislators Tuesday to brace for the midyear cuts, adding that he would make a push for a sales tax increase to help in closing the budget gap, according to Rick Pratt, assistant executive director for governmental relations at the California School Boards Assn.
November 13, 2002
Jackson Bell Sales-tax revenues in this year's second quarter are much higher than projected, which officials largely attribute to the success of the Empire Shopping Center. With a 6.9% increase from the same time last year, Burbank made $5 million in revenues in the second quarter, according to studies by Hinderliter, de Llamas and Associates. Last year, the city drew $4.7 million. "It's not just doing better than expected," City Manager Bud Ovrom said.
March 25, 2000
Paul Clinton CIVIC CENTER -- Plans to include an auto dealership in the Burbank Empire Center development have collapsed, leaving city officials frustrated by the latest failure to bring car-and-truck sales to Burbank. Empire Center developer Zelman Development Companies continues to negotiate with CAG Investments to bring a Chrysler-Dodge-Jeep dealership to the $200-million retail center, city officials said. But the prospects of securing the deal look bleak.
By Alene Tchekmedyian, | November 1, 2013
Burbank Mayor Emily Gabel-Luddy touted the city's strong financial health during the annual State of the City address Wednesday, pointing to the city's hundreds of new businesses, balanced budget projections for the next five years and several infrastructure improvement projects in the pipeline. Hosted by the Burbank Chamber of Commerce , the event drew hundreds to the Marriott Burbank Airport Hotel. The city - which underwent a full leadership turnover in the last year with a new city manager, fire chief and the appointment of a permanent police chief - has seen sales tax revenues rebound since the recession, though revenues dipped slightly last fiscal year.
May 18, 2012
When Walmart spokeswoman Rachel Wall claims those who are opposed to a Walmart in Burbank as being associated with special interests, she's right on the mark. How else would you refer to the dozens of multi-generational, family-owned businesses in Burbank? Before I so much as step foot in a Home Depot, you can bet I've already checked with Mark over at Burbank Paint and Hardware to make sure they don't carry the product and can't order it, because there's something to be said about the men and women who have held on to a family dream for decades without ever compromising a commitment to their customers or employees.
February 19, 2000
Paul Clinton CIVIC CENTER -- Lockheed Martin Corp. will protect Burbank from potential environmental law suits stemming from the development of one portion of the aerospace firm's former Plant "B-1" property. Los Angeles-based Zelman Development Companies purchased the land from Lockheed last year and intends to use the 103-acre former aircraft assembly property for a $200-million development with two hotels, retail stores, office space and an auto dealership.
September 23, 2011
Critics may call it an unnecessary bureaucratic roadblock for business, while proponents say it's a vital safeguard for the community. An economic impact report can be beastly, expensive and incredibly nuanced, but nevertheless it is the most comprehensive and scientific gauge the public has. In the case of Walmart, such a report studying the potential impacts on everything from child care and traffic to sales tax revenues and existing businesses would...
August 28, 2010
Word this week that Ashley Furniture and Burlington Coat Factory would be filling the voids left behind where Circuit City and Mervyn's once stood has brought a welcome sense of relief that we wouldn't have to once again see prime retail space taken over by a seasonal Halloween costume store — the tell-tale sign of economic blight. That this change over is occurring at a time when the economic outlook remains weak at best is also a testament to Burbank's viability and the overtures no doubt made by city development officials.
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