Sure, we're losing the Ikea, but we're gaining a rehabbed mall with an open-air plaza with space for events like farmers markets. Plus, the biggest-ever-in-the-U.S. Ikea is under construction just down the road.
Once the Ikea moves to a new spot in Burbank, what will happen to its old site and the shopping center around it? Developers want to overhaul the property to add an open-air plaza, 40,000 square feet for "fresh retail tenants," and lots of housing.