I love this quote here: "The Universal City MTA Red Line Subway Station's location was a key, deciding factor in moving the NBC Universal facility to Los Angeles," the statement said, adding that visitors, guests and employees will be encouraged to take public transit. So if we can't extend the subway or rail to Burbank, then bring in the whole studio! Universal City will have more pedestrians than Burbank, thanks to the Red Line, we can finally have an NBC studio with windows like New York, Chicago, and San Diego. There isn't much pedestrian activity at Burbank to allow street viewing studios. The Burbank mayor deserves to be saddened by NBC's departure, they didn't do enough to make that area transit friendly, good work NBC. BTW, Burbank is the second location for NBC for about a half decade, prior to that, they were at Sunset and Vine (which today is also near the Red Line).
Post by tonyw79sfv on Oct 11, 2007 19:58:33 GMT -8
I forget to mention that along with the NoHo Art Wave, it seems the San Fernando Valley's only two Metro Rail stations will grow to be more than just open spaces of park and ride lots. Too bad the Orange Line doesn't attract the same attention, though there is some housing that was built near the Canoga station.
Post by whitmanlam on Oct 15, 2007 15:27:43 GMT -8
One of the main reasons why Burbank can attract the studios and media jobs, is low taxes. Burbank has no gross receipts tax, and have one of the lowest business license fees in the state. This attracts large companies looking to expand, or cut costs.
In the future, TOD projects might need to include such tax breaks or incentives, to bring in business investment where it makes the biggest difference between just a street corner... and a true transit destination hub. The city might lose something in tax revenue, but it gains so much in solving gridlock problems from a major employer...
Last Edit: Oct 15, 2007 15:28:26 GMT -8 by whitmanlam
Speaking of TOD and Burbank, the Metrolink Max campaign includes both the Downtown Burbank and the Bob Hope / Burbank Airport stations. Burbank might see some changes with pedestrian activity in the future.
Business is booming around the NoHo station, and now we have this huge construction project at the Universal City Station. This just proves that public transit is great for the economy and can help pay for itself.
Why doesn't the MTA find a developer to purchase a pile of land several miles North of NoHo, and work a deal to extend the Red Line to the North Valley area ? I'll bet you could get the station built for free in return for some zoning changes.
Same for all of the development taking place in the West Valley. Offer density bonus in return for the developer converting the Orange Line to rail, or better yet, just extending the Red Line at grade to the West Valley.