Burbank’s downtown is about to get some competition from the other side of the 5 Freeway. The city of Burbank has teamed up with developer West Magnolia, LLC to turn a city-owned site on Magnolia Boulevard near Front Street in Burbank into a cool destination.

The project would demolish an existing 70,000-square-foot warehouse at 10 West Magnolia Boulevard and replace it with a new event space and food and drink complex designed by House and Robertson.

Called Burbank Common, it would hold a 33,000-square-foot event space for “events ranging from conferences to roller derby tournaments,” says a city website for the project.

Complementing the event space, there would be 19,000 square feet of restaurants, including a “brewpub,” though our pals at Eater hear it’ll be a full-on, working brewery. A brewpub makes sense considering West Magnolia is helmed by Tony Yanow, the owner of Burbank’s beloved Tony’s Darts Away and Echo Park’s Mohawk Bend, says the Burbank Leader.

The site will also have over 45,000 square feet of outdoor space where people could eat or lounge. Renderings show trees, landscaping, and a big retro sign atop the new complex.

The city will retain ownership of the property once the project is finished, but Burbank Common will be operated by Yanow and the Artisanal Brewers Collective, his restaurant group, says the Leader.

The Burbank Common project is currently undergoing environmental review, says the city’s website. But Ross Young, a project manager for Burbank, said that it could go before Burbank’s planning board and the city council by the end of summer.