JUST LISTED
Noteworthy new listings: New construction on the right side of Shoreline Drive for $8.855 million; Cliff Drive fixer with excellent views; sexy midcentury in good shape; quick flip near the San Ysidro Ranch; itty-bitty 1960 cottage cantilevered over a Mission Canyon hillside; and many more.
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NEWS ROUNDUP
••• The Summer Solstice festival isn’t happening this year.
••• Rumors that the Biltmore is being turned Moroccan and/or into condos.
••• Work to start soon on the Arroyo Burro Open Space and the Randall Road Debris Basin (above).
••• Transgender man fatally shot by Lompoc police in suspicious circumstances.
••• Santa Barbara City Council to consider “hero pay” for grocery workers.
→ Read the post.
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FOOD STUFF
••• Starbucks is opening on a prominent corner.
••• Indonesian food delivered monthly.
••• Wingman Rodeo has opened in Goleta.
••• Third Window Brewing’s call for oranges.
••• Santo Mezcal is now serving breakfast.
••• Bettina’s new leek pizza.
••• Quality coffee in Santa Ynez.
→ Read the post.
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ODDS & ENDS
••• The Santa Barbara Bowl has resumed announcing new shows.
••• Laundromat building on De La Vina to receive a fancy renovation (above).
••• A new local news-and-opinion outlet.
••• The former Mount Calvary Monastery & Retreat House got another price cut.
••• Petition for a better aquatics center at the revamped Ortega Park.
→ Read the post.
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HOT PROPERTY
Notable sales this week: A nearly 17,000-square-foot house for $19.1 million; Miramar Beach two-bedroom; 1926 Riviera villa; Lutah Maria Riggs in the Golden Quadrangle; Jeff Shelton in low-key mode; a pair of $3 million houses right near the freeway; and more.
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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