Los Angeles Times

Warner Bros. plans to buy Burbank Studios and occupy new Frank Gehry 'iceberg' towers

Warner Bros. has sweeping plans to expand its Burbank headquarters by acquiring a nearby studio complex and moving into two Frank Gehry-designed office towers fashioned to look like icebergs floating alongside the 134 Freeway.

The purchase of Burbank Studios and office tower completion are scheduled for 2023, the year of Warner Bros.' 100th anniversary. As part of the deal, Warner Bros. will sell its historic North Hollywood Way facility known as the Ranch lot, which has long been popular for television production.

The multi-phased project, unveiled Monday, is one of Burbank's largest and most complex real estate transactions ever, with an estimated combined value of more than $1 billion.

"This is an opportunity to reimagine not only our workspace

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