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PowerPoint Presentation

Burbank City Council
April 11, 2023

Document
PowerPoint Presentation
Meeting
April 11, 2023
Body
Burbank City Council
Original file
2.4 MB
Text extracted from the city's file for reading and search. Open the original on burbank.granicus.com. That file is the official record.

Update on the
Burbank Civic
Center Project
City Council
April 11, 2023

BURBANK PUBLIC

LIBRARY
Overview
• Review of project components, P3
model, and financial feasibility
• Progress since September 2022
• Public engagement
• Space planning
• Sustainability
• Planning considerations
• Next steps
A transformative opportunity to meet
City Council goals and community
needs while building a thriving
downtown neighborhood in a
sustainable and fiscally responsible way.

The Burbank Civic Center Project
Project
Overview
Conceptual Site Plan

Public Private Partnership (P3) Model
• Transfers risk
• Optimizes lifecycle costs
• Creates maintenance incentives
• Spurs private development
• D-B-F-O-M

Supporting Housing Production
• Civic Center Project: Proposed 475 units
• Mix of affordable and workforce
• RHNA allocation: 8,772 units

Feasibility Analysis
Considered:
• Balance of City needs with
elements to attract development
partners
• Fit with Burbank and downtown
neighborhood; Downtown TOD
Specific Plan
• Applicability of P3 delivery model
• Short- and long-term financial
implications

Project Costs
• Updated public asset capital expenditures
$132.8M in 2023 dollars
• Annual payment obligation = $7.8M annually

Public Engagement
• www.burbankciviccenter.com
• Library survey (1,600 responses)
• 3 community meetings in December 2022
• Outreach to
• City Boards and Commissions
• Downtown Burbank PBID
• Downtown-serving nonprofits
• Community groups

Space Planning

Sustainability Strategy
• Renewable energy, battery storage
• Reduced operational and embodied carbon
• Reduced potable water use, stormwater
management, drought-tolerant plantings
• Sustainability certifications

Planning
Considerations
• Historic considerations
• Surplus Land Act
• Downtown Burbank
TOD Specific Plan

Next Steps & Timeline

www.burbankciviccenter.com
Elizabeth Goldman
Library Services Director
[email protected]
(818) 238-5551

BURBANK PUBLIC

LIBRARY

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