Burbank’s historic Warner Bros. Ranch will be redeveloped in $500 million overhaul

The storied 32-acre Warner Bros. Ranch backlot complex at 411 North Hollywood Way in Burbank, California, will be overhauled to make way for what’s set to be the largest studio development in the United States complete with 16 new soundstages, a multi-level parking structure, support facilities, and a 320,000-square foot office building.

A deal for the planned land swap agreement, first announced in 2019, was officially struck late last month between Warner Bros. and a partnership of Worthe Real Estate Group and San Francisco-based real estate investment firm Stockbridge. Per the deal, Warner Bros. will assume occupancy of the redeveloped parcel in 2025 following the transfer of ownership in

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