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Burbank receives Legacy Award from The Valley Economic Alliance
San Fernando Valley Aug 30, 2024
Burbank. | Photo by MattCC716 CC BY-SA 2.0
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The city of Burbank has received the Legacy Award from The Valley Economic Alliance at the organization’s third annual Patron Appreciation Celebration held at the Castaway restaurant on Aug. 22.
The award recognizes Burbank’s role as a strategic partner with TVEA in shaping an economically successful region via a proactive approach to economic development that helps revitalize neighborhoods, create entrepreneurial programs, enhance tourism, facilitate new jobs and attract new business and economic development, according to the alliance. Each city department and resident plays a vital role in Burbank’s economic development, “which in return helps maintain a high level of quality of life for residents, businesses, and visitors,” according to a city statement.
“The TVEA Legacy Award reflects the hard work and dedication of everyone in Burbank who contributes to making our city the vibrant and thriving place it is today,” Mayor Nick Schultz said in a statement. “While we are proud of our past accomplishments, however, we are equally excited about what the future holds for Burbank. Our community is a great place to do business because we have invested in our city services. We share TVEA’s vision of a more equitable economy, and we look forward to building upon our past accomplishments in partnership with TVEA for decades to come.”
Officials highlighted a “commitment to economic growth” demonstrated through the ongoing development of new properties and housing, expanding the media and tourism sectors and the city’s continuous effort to attract new businesses.
Burbank has also lead in environmental sustainability, officials said. The city has implemented clean energy initiatives and green urban development projects.
The City Council also established the Sustainable Burbank Commission that is tasked with balancing economic growth with environmental stewardship.
The Valley Economic Alliance’s Legacy Award is a recognition that celebrates cities and organizations that have made significant contributions to the economic vitality of the region.
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