FIRST LOOK: THE ROOFTOP BAR PROPOSED FOR THE FUNK ZONE
After having decided to rehabilitate 11 Anacapa rather than tear it down, the developer is now asking to add a contemporary roof deck to the old building and a slick black box of a parking structure nearby. The renderings have proved divisive.
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FOOD STUFF
••• Still no word from Chick-fil-A.
••• Hook & Press introduced its first-ever savory donut.
••• Dimmed hopes for Tyger Tyger’s reopening.
••• Suggestions sought for a good rehearsal dinner venue.
••• New all-day restaurant in Solvang.
••• Pico is getting into the burger game.
••• Full of Life Flatbread’s heartstrings.
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NEWS ROUNDUP
••• County hospitals are preparing to shift to “crisis care.”
••• Committee to recommend that Santa Barbara ban natural gas in new construction.
••• School district might temporarily eliminate D and F grades because of the pandemic.
••• The man whose house was electrified.
••• Cannabis shop opening in Goleta.
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HOT PROPERTY
New year, new crop of closings—including a Montecito villa that went for $13 million off the initial asking price; a hacienda on 18.8 acres in the Santa Ynez Valley, a mix of the fabulous and mundane on E. Mountain Drive, a Hope Ranch house with dungeon, and more.
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ODDS & ENDS
••• Pura Luna Apothecary is moving to a larger space.
••• “Peace & Quiet” at Sullivan Goss (including the above painting by Chris Peters).
••• New online vintage shop based in Santa Barbara.
••• Idyll Mercantile is teasing its new location.
••• More cannabis in Carp.
••• An outing to La Purisima Mission State Historic Park.
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Recent Comments
I appreciate your earnestness and tenacity and desire for process. I share it. But after 10 years of a huge vacancy, a dying mall, and… — John
Don’t ignore the opportunity costs of looking for other deals. Not only do you risk losing this deal, there’s no guarantee another deal would be… — LD
Exactly, Christian. Very well said. This project is needed, right now. — Gail
This modest project— the addition of one mile of siding— has the potential to greatly improve the reliability of the Surfliner, and make it more… — Gail
Bottom line: there is an established process for these types of transactions that is designed to make sure the community residents get the best deal… — SBradley
I think development is just such a different animal. I've worked a little bit with very experienced developers. People who ONLY do RE development. They… — John
John: I think we should keep in mind that Yardi is a software company that sells software *and data* for *real estate property management*. The… — SBradley
Though Yardi is a commercial software developer, real development is much riskier. That business has moats, history, customer lock in and competitive advantages. Redevelopment and… — John
You should remember that where you're sitting right now used to be a tree, a field, or open land at some point. You benefit every… — Tony Machado
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley