WALK WITH ME
Climbing the back of Eucalyptus Hill: A delightful stroll from Montecito to Santa Barbara via Eucalyptus Hill Road, with detours on many side streets.
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ODDS & ENDS
••• Sorrell Design is closing up shop after 41 years.
••• The Miniso store on State Street is closed.
••• Giannetti Home is leaving its pretty downtown location.
••• Police detain man who fell asleep in his car while holding a gun.
••• Santa Barbara Historical Museum will reopen as an outdoor museum.
→ Read the post.
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WEATHER FORECAST
“Today should be another cloudy, cool day, before we get a gradual warm-up though the weekend,” says Jack Martin of Action Roofing. Email [email protected] to receive daily updates.
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NEWS ROUNDUP 7/22
••• The locals who have donated the most to Trump and Biden.
••• Orlando Bloom found the collar of his lost dog (above).
••• City parking machines now take credit cards.
••• Banner year for county crops.
••• UCSB Arts & Lectures events have been rescheduled.
••• City council votes to spare troublesome Westside tree.
→ Read the post.
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JUST LISTED
Noteworthy new listings: 1925 Lower Riviera cottage with four decks; another massive Mediterranean mansion in Montecito; teardown next to the Pepper Hill lair-in-progress; Hope Ranch compound with putting green; move-in-ready in Summerland; on the seventh fairway in Birnam Wood; new-build near the San Marcos Preserve; contemporary design in the Sea Meadow enclave.
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NEWS ROUNDUP 7/23
••• A block of W. Victoria Street is now closed to traffic.
••• An apparent “Karen” moment in the Gelson’s parking lot.
••• Interview with the director of Palm Springs.
••• Interim community development director chosen.
••• Habitat for Humanity’s store is closing.
••• Dara Road development debate.
→ Read the post.
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Recent Comments
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
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