NEWS ROUNDUP 2/26
••• State Street Promenade extended for another year.
••• Santa Barbara city and county elementary schools to reopen.
••• Proposed charter school denied.
••• Funk Zone rooftop bar moves forward.
→ Read the post.
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JUST LISTED
Notable new listings include what might be the most impeccable house in Montecito; a 1919 villa on Mission Canyon Road, an idiosyncratic contemporary the architect built for himself, a Lower Riviera charmer, and a 9.5-acre equestrian compound outside Carpinteria.
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FOOD STUFF
••• Gelson’s is being bought by a Japanese conglomerate.
••• Pizzeria Mozza and Restaurant at Meadowood pop-ups at the Ojai Valley Inn.
••• An effort to farm purple sea urchins.
••• Big new parklet at Mony’s.
••• Opening date for Sear Steakhouse in Solvang.
••• The Tavern at Zaca Creek brought on a new chef.
→ Read the post.
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NEWS ROUNDUP 2/27
••• Santa Barbara County rare punishes Covid-19 scofflaws.
••• Carp hotel moves forward.
••• Partisan conflict in the county redistricting commission.
••• The history of the Granada Theatre building and the plan for a backlot plaza.
••• Protesters try to stop development near the San Marcos Foothills Preserve.
••• Highway 1 repair timeline.
••• Artist Jane Gottlieb’s passionate embrace of color (above).
→ Read the post.
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HOT PROPERTY
The local real estate market is even hotter than it was six months ago: everything is selling, often going into escrow before officially being listed and selling above ask with a quick close. So if you think you might want to sell—and you have somewhere else to live—now is the time. See what sold last week—including Natalie Portman’s 10-acre spread (above)—and 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