The new Business Arts Plaza, a $27-million, eight-story curvilinear office building in the heart of the Burbank media district, is more than one-third leased, with two floors occupied by the Screen Actors Guild-Producers Pension and Health Plans, owners of the property.
Warner Elektra Atlanta and World Events Productions moved in last month and Delta Stationers plans to open on the ground floor in March.
Located at 3601 W. Olive Ave., on a triangular site bounded by Olive Avenue, Riverside Drive and Hollywood Way, the 154,000-square-foot building was designed by the Luckman Partnership to serve the special needs of the entertainment industry and professional service businesses.
The building shape was generated by the triangular site, Luckman partner-in-charge Frederick M. Yerou said. "The tight site, only 30,000 square feet, presented a major design challenge, and the economics of the building required that the full site be used for the office structure itself, with a parking structure built underneath the adjacent block of Riverside Drive."