First published in the Oct. 23 print issue of the Burbank Leader.
Warner Bros.’ historic Ranch Lot, which has been used for exterior film scenes for Columbia Pictures and Warner Bros. for decades, will be redeveloped to include 16 sound stages in what the new owners said this week will be the largest studio development in the United States.
Warner Bros. sold the lot to Worthe Real Estate Group, which is developing the sound stages, along with a connected production support space, a multi-level parking structure, a commissary, mill space and a 320,000-square-foot office complex. Warner Bros. will lease back the property starting in 2025.
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