Santa Barbara County Is Facing Big Budget Shortfalls
Other recent news: Santa Barbara starts on the path to rent stabilization; reforming the way that the harbor's boat slips are sold; the Hilton's 73-room expansion gets the go-ahead; indoor volleyball facility in the works; Diablo Canyon nuclear plant can operate through 2030; no more identifying buyers of local real estate. 13
Another Small Hotel Proposed for Downtown Santa Barbara
Plus: An effort to reduce freeway noise; new vintage shop in the Oreña Adobe; farewell to a beautiful overpass; give directly rather than to charity muggers; more changes to the Biltmore; new volunteer opportunity at Bellosguardo; the big apartment complex under construction on E. Haley Street. 3
Bluff-Front Hope Ranch Estate Finally Sells—for $22 Million Off the 2017 Asking Price
Last week's sales also include East Valley Road off-market; Loma Alicia townhouse; West Mesa midcentury; mini-compound near the APS roundabout; classic Barry Berkus on the Riviera; Mission Canyon spec reno; Summerland for a loss; and more. 7
The End of the Isla Vista Food Coop Downtown Market
More food news: The Grand on State update; status of the Chick-fil-A in Noleta; The Copper Coffee Pot has opened; Ghirardelli debuts next weekend; owners of The Harbor Restaurant are suing the city; "jet set après ski dining experience" coming to town; Himalayan Kitchen closed for maintenance; Pacific Pickle Works profile; Merci's chocolate caramels. 10

























Recent Comments
I suspect the residents of Padaro Lane are more concerned with losing their parking carve outs on Union Pacific property than with losing the trees. — BG
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