LOS ANGELES-Walt Disney Co. has received unanimous approval from the Glendale City Council for its 125-acre, $2-billion mixed-use project, known as the Grand Central Creative Campus, to be built in the 750-acre San Fernando Redevelopment Corridor.

Plans call for the site, which is near the intersection of Interstate 5 and Ventura Freeway, to be transformed from its current industrial use into a mixed-use development that will house Disney’s Imagineering Division. The project, which would total nearly six million sf, would also include a visitor’s center, which will be located in the former Grand Central Air Terminal.

The city estimates that more than 7,000 new jobs will be created as a result of the project. Officials also expect that the complex will encourage increased development of the San Fernando Redevelopment Corridor.

Despite the City Council’s approval, the Disney project still faces some hurdles. Some residents have threatened lawsuits over the development’s impact on traffic and noise levels. Others have raised questions about potentially dangerous chemicals that may be buried on the site, which was declared a Superfund cleanup spot in 1986.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.