FOOD STUFF
••• New restaurant opening in the former Mercury Lounge space (above).
••• Old Town Coffee has expanded inside and out.
••• Lunch at Revolver.
••• Sanders & Sons Gelato has opened in Ojai.
••• Santa Barbara Vintners Spring Weekend postponed till next spring.
••• Outpost of Jersey Mike’s coming to Goleta.
→ Read the post.
·················
·················
HOT PROPERTY
Santa Barbara real estate continues to sell like hotcakes—it was another $80 million week in closings (and that’s just the properties over $3 million). See what sold and for how much, including two Picacho Lane estates, a Hope Ranch architectural statement, a midcentury with potential, and a Lower Riviera charmer.
·················
NEWS ROUNDUP
••• Update on the quest to buy part of the San Marcos Foothills.
••• More on the ongoing closure of the Biltmore (above).
••• Santa Barbara Unified School District to fully reopen.
••• Goleta’s Storke Plaza to get redone.
••• Interview with former mayor Sheila Lodge.
••• Residents use stimulus money to plant community garden.
→ Read the post.
·················
WHERE IN SANTA BARBARA…?
Know where this photo was taken? Prove it in the comments.
·················
ODDS & ENDS
••• Impressive new craft studio opening downtown (above).
••• Gorjana jewelry shop has opened in Montecito.
••• Highway 1 repairs to be completed by April 30.
••• Aquarium store Aquatic Jewels opening imminently.
••• Price cut and renderings for semi-finished estate.
••• Tours of the San Marcos Foothills.
••• Book of movie recommendations from the Santa Barbara International Festival.
••• The State Street Advisory Committee seeks members.
→ Read the post.
·················
Please forward this to anyone who might enjoy it. Click here to subscribe.
·················
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