Disney owns a full block of houses in Burbank, California
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Disney owns all the houses on one side of Keystone Street in Burbank, California.
- The company uses these properties for corporate housing and filming purposes.
- Disney began acquiring the homes in 1991, raising concerns among neighbors about potential zoning changes and traffic impact.
Disney has quietly acquired all the houses on one side of Keystone Street in Burbank, California, transforming the suburban block into a corporate asset. The Walt Disney Studios headquarters is directly across the street, making the properties a convenient extension for the media giant.
According to ABC7 Los Angeles journalist Dave Kunz, Disney utilizes these impeccably maintained homes for short-term corporate housing and filming needs. The street itself, characterized by tree-lined avenues and neat gardens, embodies the quintessential "American dream" aesthetic often seen in Hollywood productions.
The acquisition process began on November 12, 1991, as reported by the Los Angeles Times. At the time, Disney stated its intention to use the seven purchased homes for temporary accommodation for relocated managers, assuring residents that zoning would not change and houses would not be demolished. Through extensive community outreach, including newsletters and forums, the company aimed to build trust with local residents who initially worried about the impact on their neighborhood.
This extensive property ownership by Disney occurs in Burbank's competitive real estate market. With a population of 107,000, Burbank is highly desirable due to its good schools, hospitals, connectivity, safety, and proximity to entertainment industry jobs. Deborah Pisaro, a local luxury real estate agent, noted that each property removed from the market by an institution like Disney reduces options for families seeking their first home in a community where long-term residents are prevalent.
No sabรญamos si iban a cambiar la zonificaciรณn y obligar a la gente a irse.
Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.