FIRST LOOK
A striking new building is proposed to replace the Bottle Shop on Coast Village Road: with an octagonal tower on the west side, the new structure would live up the marquee moment of that corner, while simultaneously paying homage to the gas-station shape of the current building.
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ODDS & ENDS
••• Large gym to open in downtown Santa Barbara.
••• Funk Zone rooftop wedding venue in the works.
••• Montecito tennis/pickleball court open.
••• Ty Warner sign coming to Dwight Murphy Field.
••• Swimwear chain open on Coast Village Road (above).
••• Brandi Carlile and John C. Reilly in concert.
••• New Italian apparel store at The Post.
••• Coachella Valley town on the cusp of change.
→ Read the post.
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HOT PROPERTY
Last week’s sales: Hope Ranch hot potato for the third time in three years; two more in Hope Ranch; signature Barry Berkus touches on E. Mountain Drive; spiffer-upper near the Hot Springs trailhead; another one on La Vista del Oceano; Mesa flag lot for $200,000 over ask; and more. See what sold—and for how much.
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Recent Comments
Tony, I was just having a little fun with my morning coffee when I wrote that comment and didn't mean to trigger anyone. Regarding action,… — J
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