Plus: Lotusland reopens to the public soon; food drive today will exchange toilet paper for non-perishable food; Mate Gallery photography is on sale; marketing real estate during a pandemic.
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Given the state of retail even before the Covid-19 nightmare, this can hardly come as a shock—except perhaps to Paseo Nuevo, which assured everyone just last week that “Nordstrom isn’t going anywhere.”
The week’s other top price reductions: Half of a historic 1930s building downtown that got split into condos; 10,000-square-foot property now $2 million less; sweet house with freeway issues; what $2.5 million buys in central Montecito; one of the cooler houses in Hope Ranch.
Other local news: Hollister Ranch fire has burned 200 acres; how the I Madonnari festival will work this year; UCSB pushes all summer classes online; Goleta now requires face masks in any essential business; Randall Road Debris Basin update.
More food news: Acme Hospitality’s depressing survey about the possible future of dining out; the emerging network of groups helping to feed the vulnerable; early hours at Dune Coffee Roasters; new pizza at Bettina.
Other noteworthy new listings: A mix of contemporary and exotic way up the mountain; Vegas-style neoclassical with 35-car motor court; privacy near San Ysidro Ranch; cute downtown cottage with even cuter artist studio.
Plus: “For lease” sign at Treat skincare in Arlington Plaza; cleaner trailheads thanks to Montecito Trails Foundation and MarBorg; changes proposed to the city’s Historic Resources Ordinance; grants to arts non-profits; SBIFF interview with the writer-director of “The Half of It.”
The Siteline newsletter is the best way to follow the website. To subscribe, click the link at the bottom of this post. And you can unsubscribe at any time.
Other local news: Plum Goods on State Street has closed; Goleta is considering a one-percent sales-tax increase; antibody tests available, but they’re unreliable; developer Ed St. George on how to fix Santa Barbara; embattled cultural center finally shuttered.
Burning Questions
- Why Are the Railroad Tracks Being Expanded Along Padaro Lane?
- Will You Explain the Plan to Adapt the Waterfront for Climate Change?
- Why Did the Rosewood Miramar Beach Install Gates?
- How Long Will This Big Pipe Be at East Beach?
- Is Cabrillo Boulevard Going to Be Widened Under Highway 101?
- Was There a Fisherman Inn in Downtown Santa Barbara?
- What Are Those Old Buildings at the Corner of Castillo and Montecito Streets?
Recent Comments
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
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.