CAPITAL IMPROVEMENTS
A major upgrade is in the works for Dwight Murphy Field: converting the soccer field to artificial turf; adding a fitness area, youth baseball field, playground, and picnic areas; replacing the existing buildings with restrooms; and more. Take a look at the renderings.
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FOOD STUFF
••• Little Dom’s Seafood is open and taking reservations.
••• Revolver pizzeria appears to be in friends-and-family mode.
••• Le Café Stella’s next-level socially distant dining (above).
••• Bob’s Well Bread is opening in Ballard.
••• Tino’s is taking a Covid break.
••• Pickle Room exhibit honoring Jimmy’s Oriental Gardens.
••• Goleta Coffee Bean has closed.
••• Duo Catering pop-up.
••• The food at Night Lizard.
→ Read the post.
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PSST…
An intriguing rumor has come in: Citing a “reliable source,” a reader says that a major hotel company has bought the Four Seasons Biltmore from Ty Warner, with plans to rebrand it.
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WEATHER FORECAST
“We have one more day of seasonable and cooler weather, then the heat wave begins,” says Jack Martin of Action Roofing. “Highs are going to be in the upper 70s along the coast and warm up to the mid 80s for the weekend.” Email [email protected] to receive daily updates.
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ODDS & ENDS
••• A bear visited lower Montecito.
••• Short film and discussion about rebuilding trails after the fire and debris flow.
••• Apartment complex at Santa Barbara and E. De La Guerra is coming along.
••• Westside Harvest event.
••• Big oceanfront parcel west of More Mesa now has a price.
→ Read the post.
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NEWS ROUNDUP
••• Carpinteria might try closing some streets to cars.
••• Design for 103-unit affordable-housing complex at Carrillo and Castillo streets (above).
••• Three places you can recycle plastic bags.
••• Another photo of the Montecito bear.
••• Outside service doesn’t help salons that much.
••• School-board candidates.
••• Computer game about zombies in Santa Barbara.
→ 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