More food news: A peek inside the work-in-progress Paradise Cafe; new sushi restaurant not quite ready to open; Neighbor Tim’s BBQ is closing; Dutch Garden reboot now shooting for next year; Flocking Fabulous wine.
More food news: A peek inside the work-in-progress Paradise Cafe; new sushi restaurant not quite ready to open; Neighbor Tim’s BBQ is closing; Dutch Garden reboot now shooting for next year; Flocking Fabulous wine.
The week’s noteworthy new listings also include a stylish house near Hammond’s Beach, an extremely cute former art studio, a 1929 Monterey Colonial that could use a fresh eye, and more.
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Plus: “Secret Garden Market” and bake sale coming up in the Funk Zone; meeting about the plan to renovate Ortega Park; construction on Route 150; public input sought for a new fire station shared by Montecito and Carpinteria.
It was another strong week for Santa Barbara real estate, with other notable sales including a penthouse in Jeff Shelton’s El Andaluz condominium, a boxy peach thing in Campanil, and an eccentric compound near Butterfly Beach.
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Recent Comments
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
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ