FUN WITH ARCHITECTURE
There’s a new look for the proposed Funk Zone roof deck, and the parking structure went from a cold black box to something much, well, funkier. Plus: Renderings of the tasting room’s interior.
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JUST LISTED
Notable new listings: A Coast Village cottage asking $6.2 million; a Montecito farmhouse; a funky fixer compound on School House Road; an ornate situation in Birnam Wood, and a neat setting on the Lower Riviera.
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NEWS ROUNDUP
••• De La Guerra plaza sent back to the drawing board.
••• Local fire chiefs offer suggestions regarding homeless camps and trailhead parking.
••• City panel dislikes proposed Milpas apartment complex (above).
••• How Proposition 19 will benefit certain homeowners.
••• Q&A with the county’s cannabis analyst.
••• The product director of one of the state’s largest cannabis companies.
→ Read the post.
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BURNING QUESTIONS
“I saw this post on De La Guerra Street and I can’t figure out what SBTP stands for. Can you help? —A.” The answer.
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HOT PROPERTY
Noteworthy sales in the past week include Riviera midcentury ready for a transformation, a 1947 house on Picacho Lane, another Hope Ranch teardown, turnkey in Cielito with indoor pool and gym, a dazzling mountain setting above Carp, and the Coyote Road hovel. See what sold for for how much.
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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