Zelman President Ben Reiling tells GlobeSt.com that the new parkwill consist of 11 warehouse, manufacturing and flex-spacebuildings and will have a total value of about $50 million.Clearance and cleanup of the 32-acre A-1 North site occupied byLockheed Martin adjacent to the Burbank Airport is expected to becompleted by the beginning of next year, according to Robert M.Tague, Burbank's community development director.

Demolition and cleanup includes ridding the site of any toxicchemicals, Tague adds. The parcel was used to manufacture the P-3Orion aircraft, as well as the L-1011 jetliner. It was also theoriginal home of Lockheed's legendary Skunk Works, where manymilitary aircraft were developed.

Lockheed Corp. came to Burbank in 1928 and at its peak employedalmost 100,000 workers. Lockheed merged in 1995 with MartinMarietta Corp. to form Lockheed Martin. Over the past decade, justover 300 acres once owned by the aerospace firm have been clearedfor new developments, Tague says.