LOS ANGELES-Platt Cos. submits formal plans for $150-million development in Media District.

If the Burbank City Council approves Platt Cos.’ plans, the complex will be built on a four-acre site at the center of the Media District bounded by Alameda Avenue, California Street, Olive Avenue and the Ventura Freeway. The 565,000-sf project would include an 18-story office building and a six-story office building, as well as an 18-story hotel, a 75,000-sf health club and a childcare facility.

Platt Cos. has spent more than two years planning the project, company president Rich Platt tells GlobeSt.com. The land comprising the current site was acquired from 10 different owners, and a church that’s on the site now will be torn down and rebuilt in another corner of the development.

The project, although built around the Media District specific plan, must get special approval due to its density. “The buildings comply with the Media District plan specific conditions, but there are discretionary options within that plan that call for City Council approval,” says Robert M. Tague, Burbank’s community development director. “The biggest issue under discussion will be the density of the buildings.”

Tague expects that the project could take anywhere from six to nine months to reach the planning commission. If approved, construction should take four years to complete.

Prominent architect Helmut Jahn designed the building “It’s an exciting environment to work in, addressing the needs of the entertainment industry in a way that hasn’t been done before,” Rick Platt tells GlobeSt.com.

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