The name alone- the good reputation and years of sales with built in sales if you can keep the wine making under control
A new swimming pool was approved recently in 2014 for 3425 sea ledge lane.
That Cliff drive home was built in 1971 with a value of $100,000 and is assessed today at $233,492. The owners paid $2454 in tax last year. The new owners, if purchased at its listing price, will pay approx. $160k a year in taxes. The property is assessed by the county at $8,000,000. If appreciation continued at this rate (10% a yr), it will be valued north of $1,700,000,000 (yes, that's billions) in another 50 years... Nothing about this situation is equitable.
Thank you for the additional information and context. I'm inclined to agree with you, especially re: demolition of existing established businesses in order to build yet another hotel. I'd personally love to see more housing here, and to keep the Press Room.
The planning committing is only pushing for the housing development because SIMA pulled their initial plan on the pretense their profit margins would be higher with a hotel versus an apartment complex. Of course a business owner wants to make as much money as possible, but their pitch to the planning committee is that a hotel is better for the community, which is clearly not the case. The planning commission is not suggesting it should be a housing project out of thin air, but rather stating that the original plan is a better fit for our community than the new proposed hotel. Santa Barbara does not need another hotel when Drift, Santa Barbara Hotel, and the Canary are all in walking distance and have a plethora of vacancies. Based on SIMA's stance that this project is "better for the community", they should also not be proposing demolishing long standing businesses such as the Press Room, a community centered legend of a pub.
It's cute someone is bringing back the Santa to Santa Claus lane. I miss the funkiness of the old one that was relocated to Ventura. As for the hotel/housing issue: maybe I'm just not interpreting the story correctly, but it seems incredibly unfair and convoluted that the planning commission can just suddenly decide any given project should be housing, versus a hotel. They've approved hotels and STRs all over the city recently so this feels arbitrary. And forcing developers to include a % of units as "affordable" does nothing but discourage them to build it at all, hence many of the applications for hotel projects. Ugh.
Are you serious Bettye! Have you been there as a tourist? It’s a thriving community that yes relies on tourists…isn’t that what Santa Barbara also thrives on. It’s a model that State Street would benefit from instead of pushing people away. We need tourism.
To your point, I’m very curious about the economic development aspect. How can a plan support local businesses opening on State Street in a way that is mutually beneficial to the owners? What is getting in the way and how do we ‘fix the bureaucracy,’ as stated below. As for bicycles and pedestrians, a clear definition of rules, where bikes go, when they yield, is essential. State Street has really become a wonderful bike path but there are no rules.
When we moved here 13 years ago it was a lot cheaper than the Bay Area/Silicon Valley. Covid seemed to make prices go crazy. I know people can move here and work remote with big salaries (and both my kids do work remote so it’s still a thing) but it’s definitely now much closer to Bay Area prices. It’s pretty crazy and reminds me of what happened in the Bay Area foe the last 20 years. Starter homes for 2 million.
This version is definitely better than the last! To add my two cents: We should look to Europe to see how a cohesive and vibrant community space works. Having traveled widely, I observed the same "ingredients" in every successful promenade world-wide: Housing - mixed affordable, middle and high income rental properties (absolutely crucial to create a pulsating vibrant community space.) We have to move away from a tourist-driven spic-and-span space to a warm and lived-in community space. If it works for us, it will work for the tourists. Small businesses: A variety of stores that sell clothing, arts, florists, food businesses (such as bakeries, butchers, sandwich stores, paper goods, specialty etc.) These are viable because of local residents living in this neighborhood. A mix of stores on the bottom/housing on the top should be encouraged to integrate store owners into the neighborhood. This will require MUCH cheaper rents - not sure how? Empty storefronts are in no one's interest. At least sharing open spaces should be made much easier so several parties can split the rent. A financial incentive/tax break could be offered for locals that operate a store (Mom & Pop) on State St. Restaurants/Cafes/Ice Cafes/Wine and Beers Bars: Absolute lifeblood to every neighborhood. Seating should be movable chairs and tables and umbrellas, no permanent structures. Residents will liven up the area day and night. Markets: Farmer's Markets (which, by-the-way, should also include a fish market!) (I have never understood why the Saturday Farmer's Market has not been moved to State Street), Look to the SLO Thursday Night Market to see how it's done: Include a band stand, quick meal vendors/food trucks (long benches and tables for a community bite), maybe a bit of magic for the kids..... On other days, have an art market, maybe even an upscale flea market. Large trees and shade structures in our now hotter climate are a must (in a nod to climate change, structures should have solar roofs), seating, temporary local art installations. String LED lights along the entire street (operated by solar roofs?) Every Promenade has a hang-out spot, which is most cases is a large fountain. Why not put one in front of City Hall or in the paso next to Blenders? Since it is a "Promenade" and since adults, kids and pets are encouraged, no motorized traffic for safety reasons, however, a shuttle service on Anacapa or Chapala (or both) would be great. There should also be an e-bike lane on either Street, and e-bike parking should be added to all parking lots. And the most basic "ingredients": Cleanliness and safety. Bed tax should pay for daily cleaning, and a foot patrol should be present while we have ongoing peddler problems.
The value of the homes will align with the ability of people to purchase them. Without a healthy "middle class" who will buy the $1.4mm Mesa house? Retired people? Immigrants living 24 to a house? Picaso / AirBnB? Dario Pini? - That $1.4mm home is the new middle class. People afford them via many methods; mostly good salaries, low interest rates and a large windfall and/or family aide. But always by struggle. The majority of people who live on the West Side, San Roque and on the Mesa are not rich. These are not 2nd homes or the California dream of a retired dentist from Minnesota. They're the dream homes of young professionals and those fortunate enough to buy decades ago. But they are not the homes of the rich, they are the homes of locals who work very hard to make them happen. - Do you really think people will spend $2mm for a 1200sf ft house in San Roque as their California dream? Maybe, a few will, but that $2mm goes a long way in other places that are just as nice if not nicer than SB and the more we degrade what was so nice about SB, (State St for one) the less and less of those people will be arriving. - SB is not a bedroom community, there is no way you can commute to LA daily, so our population is and will remain stagnant. We must grow our way out of this via good jobs and a viable local economy. - Housing prices will never align with the market when you continue to remove more and more of the footprint from the market. Whether its conversion to "Low Income" units, and removal from the tax base (government buildings do not pay property tax), or the continued march of the "Historically Significant" crowd that deems anything older than a VW bug as “significant”. The more properties that are removed from the market, the higher the cost of the ones which are not… There are thousands of properties listed on that list. It’s crazy and it’s stupid. Nostalgia is not historical. Yet that’s what we have. - Zoning is one aspect, many argue that we need density. But professionals want single family homes. They want a yard. They want a garage. That’s not going to change. Who wants to live in a place like SB and have a storage closet and a single space in an underground garage and a tiny balcony? Part time residents, or young single professionals, that’s who. Not families. Not dogs. - It’s all about the myths of the past. Too many people who are gifted Prop 13 tax rates and 30 years of appreciation control the process. Again, it’s the local government that a huge part of the problem. Whether the nosey and bored that inject their opinion into everything, or the hugely bloated workforce - we have 2x the number of city employees of any comparably sized town in the state. The process and people who control the city are cemented in the past and for some reason, think their opinions are more important. - Make no mistake. Like many aspects in play today, this is a generational fight. The kids are not alright. - SB is not going to improve before it gets worse. I supposed we can sit back and wait for the quake. That’s one thing that is absolutely inevitable and one thing that will impact every decision and every resident. It’s also why SB is as beautiful as it is. Homogenized or not, its style is world famous and is widely considered one of the most beautiful places on earth. It didn’t come to be as a result of committees, consultants or by accident. It happened by force and through a lot of hard work and commitment to build and improve this place future generations. We must do the same if we want it to survive let alone thrive.
I agree with you but it’s a catch-22 with housing and white collar jobs. Just last night on Reddit someone who was offered a $300k position with Cottage lamented there was no decent housing here. As a local who moved away for my 20s and early 30s, I would have been keen to move back sooner if there were more housing options. Low income housing is nearly impossible to build anyway. I think it’s been proven including the low income element has limited housing development as developers don’t want to do it as it simply doesn’t pencil out. My husband works for a very viable local company and prior to going remote after COVID, they absolutely had difficulty attracting talent to town because of housing issues. Professionals with good salaries didn’t want to move here and fight for ramshackle digs. It’s mostly gotten worse since then as prices have climbed though a few decent rentals have come online in the intervening years.
I love SB and I agree that the fact that most UCSB graduates leave because there are so few good jobs is a tragedy. It’s been that way for a long time-I graduated many decades ago and we left after a few years as well as most of my friends. We came back to SB in 2010 and found it remarkably unchanged. Population is around the same and most of the growth seemed to have happened in Goleta. There are more companies but it’s still a tourist town. It’s been that way for many years and not sure about what you meant about being great again. We lived in the Bay Area and raised our kids there and people do go to school there and stay because of the jobs. SB does need to try and embrace startups but I just don’t know if that’s going to ever happen.
I agree with you that high-paying jobs go a long way to invigorating an economy. But don't you think many people, even in high-paying jobs, are going to continue commute if housing is so expensive? The high-paying job would have to compensate for the increased cost of living (with a reduction for commuting costs and time). That's a steep hurdle to overcome, especially for a startup.
Want to reinvigorate State St and downtown? Start fostering startups and attract growing companies with high paying, highly skilled jobs. Building "low income" housing and pushing for more tourism is the most asinine and shortsighted path possible. Tourism is an abysmal business for anyone but the owners of the company. Most of which are out of town corporations. It attracts short term visitors on tight budgets and creates terrible jobs for low skilled workers. Low income, low skilled jobs that pay so little that they leave very little disposable income. In fact, they often push people into the very government subsidies that take more and more away from the community. How many low wage tourism workers are using EBT? Are they also the same folks qualifying for these low income housing builds? How about health care and other essential services? - How do you expect retail and restaurants to thrive in an area that is surrounded by working poor? These people do not have the disposable income to buy $200 sweaters or eat $18 burritos. They are living paycheck to paycheck, barely able to survive. That’s reality. It sucks for everyone. - The idea that State St and the downtown corridor should build more low-income housing is ridiculously stupid. It adds to the inevitable. More Govt. funding a lower tax base and a less and less attractive community. - It is insane that in an area with one of the greatest engineering schools in the world we dont foster and attract high paying jobs or entities. For every startup or tech job downtown, there are dozens of low wage, low skilled ones. - But none of this is in the works. Because the city wants their monthly dose of heroin - Transit Occupancy Tax. So they can pay for their bloated workforce, bloated salaries, bloated benefits and service our bloated debt. In SB, the government is the single largest employer. Whether directly, as in the State, County, City, or the Feds out at Vandenberg or indirectly via govt subsides and the ancillary businesses that rely on their dollars. We are in essence, a socialized economy. - Communters do not participate in the community. They dont send their kids to local schools. They dont spend their money in town. They dont pay taxes here. They spend it where they live. Ventura / Oxnard is by far the biggest recipient of our communities payroll and its workforces disposable income. - Time to build a community that can grown itself out of this mess. The only way you’re going to do that is by fostering and attracting real companies with real products and services. Not min wage jobs that suck the life and the money from our community. Not sole proprietorships such as lawyers and accountants. But real companies that build real products and support good paying, long term, full-time, jobs. Jobs that allow people the ability to afford a home, a family, to go shopping, to eat out, to spend! - None of that will happen until we cut our city’s staff, start demanding results from our elected officials and stop placating to the lowest common denominator and misguided factions. The solution is growth. Not more housing but more jobs. Private sector, high quality, high paying jobs. It is the only way forward if we want to reinvigorate our community and our once great city. </rant
Kidding right? $9m for a wine name with no real estate?!? No grapes and no vineyards? Who would do that??
Yes, online is booming plus places like Walmart and CVS. Amazon and the above two are biggest retailers now. Sadly Paseo Nuevo and La Cumbre are more indicative of what’s happening to modern day retail. Both should probably be turned into housing.
I agree with everything you've written, Erik. I'm dismayed to see these plans as we know they will cost the local taxpayer and they won't pay off. I have no interest in putting lipstick on the pig to the tune of millions and millions of dollars. We need to seriously reconsider the core "civic district" as it seems to be the most troubled by far, and declining by the year. We never go there because... why would you? Paseo Nuevo needs a major rethink and should be redeveloped completely with a strong housing or hotel element. I get that everyone (myself included) is tired of even more hotels going in, but we need to get people back into these areas. The anchors of Macy's and Nordstrom need to be torn down and reimagined, as messy as that is going to be. No one wants a giant windowless tomb in 2023. It's difficult enough to rent the spaces on State Street which are larger than most tenants want or need these days. And this is just a start. There are a million other issues I don't see us fixing unless we get more people in the area to start outweighing the blight that has set in. If the state is intent on forcing us to build housing and our elected officials want to do nothing about fighting it, why not put it where we need it and already have physical density (which is downtown), rather than clog other already congested areas or develop open spaces.
Lincoln Road was a great concept that has fallen into decline. Mostly tacky tourist restaurants and shops and sketchy behavior. I hope that SB can do better than Miami Beach.
Has anyone been to Lincoln Road on South Beach Miami? They had the same challenges years ago and made it into the most wonderful experience for all age groups with restaurants, galleries, retail, bars, offices…all mixed together without having a certain theme destination for the blocks. There’s residential mixed in between which creates sense of place. I lived there and had the best time walking every night, doing chores, going to dinner or just meeting friends at a favorite spot. There are NO cars and No bikes to dodge. They have their own streets. There’s gardens in the middle with some water features mixed with restaurant tables. It’s the best place to people watch also! All the restaurant kitchens are within the storefronts with indoor dining. The “sidewalks” on each side are still there to keep the pedestrian traffic close to the store fronts. Easy way to look at menus or just window shop. Check out images of south Beach promenade. It’s like no other place. Let use a similar model to move State Street forward.
Thinking landlords can write off empty space is simply wrong. They get the depreciation write off on the building whether there is a rent paying tenant in the space or not, so they'd always prefer to be receiving income. But you are right, this is definitely a cart before the horse situation and there has been zero regard to the cost, how the city would cover that cost, is it the best use of their funds, and the enormous amount of disruption to existing businesses this massive multi-year construction project would create. Imagine the 101 widening project on State St.
Retail is absouteltly not dead. It has shifted with online shopping for most basic goods, and many retailers are still adjusting to this shift, but in-person retail is still very strong.
Completely agree with your assessment. Not only does the design seem misaligned, it's bringing the cart before the horse. I just found out Banana Republic isn't renewing their lease and there's a rumor about Marshall's. There's nowhere to shop in this town. Plus there's no incentive for landlords to get commercial tenants in when they can write off the empty space.
Your last paragraph for the win. We must fix the bureaucracy
State street woes happened long before it became pedestrian only and its problems are echoed in towns everywhere. The demise of retail is everywhere. SB is a tourist town and lower state st has lost a chunk of business to the funk zone in the last 5 years. Personally I love the outdoor seating and keeping the street pedestrian only. I really only go to the “arts” section and public market (which seems to be thriving these days). Better restaurants and calmer atmosphere.