NBC Leaving Burbank

Flickr Photo Download: Beautiful Downtown Burbank 001r

Seems like the end of an era…

The Peacock is expected to announce today that it plans to sell a large portion of its longtime 34-acre Burbank home and move across the street from Universal Studios, which the company acquired as part of its Universal purchase in 2004.

The network, as well as its West Coast news operations and local stations KNBC and KVEA, are expected to move to the new complex in 2011. Thomas Properties is developing the site, which would be located on Lankershim Boulevard where an MTA Red Line subway stop and parking lot now stand. News first leaked Tuesday afternoon on local real estate blog Curbed LA.

NBC flies the coop – Entertainment News – Variety.com

Having the studio directly on the subway line is very good and the Burbank lot is showing it’s age. Really, it’s only a move about 5 -10 minutes away and there are some big new buildings going up in the exact same area, so it probably won’t effect local businesses too much; in fact, it could be a plus. And with all the stage space the NBC studios lot has, another studio will probably buy it – stage space is still at a premium in Los Angeles.

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