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February 14, 2021

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Newsletter: February 14

February 14, 2021|by Erik Torkells

FOOD STUFF
••• More on the beer garden opening in the Funk Zone.
••• One of Starbucks’s State Street locations is going to close.
••• Finch & Fork now serving on the roof.
••• Wingstop chain open at La Cumbre Plaza.
••• Solvang’s Coast Range restaurant will have vacation rentals upstairs.
••• An intriguing new food hall in Camarillo.
→ Read the post.

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JUST LISTED
Noteworthy new listings: George Washington Smith’s French Normandy house in the Hedgerow; one of Lutah Maria Riggs’s less remarkable works; a big, blah Mediterranean asking $9.5 million; a preppy dream in Birnam Wood; an apartment just past the Miramar resort; and more.

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FIRST LOOK
The revised design for the new Santa Barbara Police Department headquarters is more Spanish Colonial than the initial foray, which was a bit severe. Check out the renderings….

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ODDS & ENDS
••• The San Ysidro Creek bridge is officially open.
••• Granada Theatre penthouse for rent.
••• A tenant at the handsome new Monterey Colonial building on E. De La Guerra.
••• The Cuyama Buckhorn’s pool is opening.
••• Two more film festival awards.
••• Free e-bike demos downtown.
••• A special message for hikers with dogs.
→ Read the post.

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NEWS ROUNDUP
••• County approves vaccinations for age 65 and older, but shortages remain an issue.
••• Concerns about the revised police headquarters design.
••• Coast Village Road beautification effort.
••• New UCLA Health cancer clinic.
••• Urban Flea Market opening at Paseo Nuevo.
••• Juvenile gray whale visits Stearns Wharf.
••• Cannabis vs. grapes in the Santa Rita Hills.
••• Animatronic dinosaurs to return.
→ Read the post.

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HOT PROPERTY
Notable sales this week: 1980s hexagon with wraparound views finally goes for half off; a one-day flip on Middle Road; a pink villa atop Hidden Valley Lane; a fast closing for over ask in central Montecito; a spec new-build on the market for two years; a bunch of fixers, and more. See what sold and for how much.

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Just Listed

  • Ennisbrook Château Given a Contemporary Makeover
  • Appealing Mediterranean in Toro Canyon
  • A Different Kind of Island View
  • 5,000-Square-Footer on a Sweet Upper Village Street
  • 2009 Spanish Colonial in the Golden Quadrangle’s Sweet Spot

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

Restaurant News

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Walk With Me

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Burning Questions

  • Why Are the Railroad Tracks Being Expanded Along Padaro Lane?
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Get Out of Town

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