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SLO developers plan hotel, public plaza for downtown

By   /  Friday, December 4th, 2015  /  Central Coast, Columns, Latest news, Real Estate  /  Comments Off on SLO developers plan hotel, public plaza for downtown

Developers are looking to reinvigorate downtown San Luis Obispo by building an 80-room hotel and a public plaza in the heart of the city. Nick Tompkins of SLO-based NKT Commercial is teaming up with Santa Barbara-based hospitality company StonePark Capital to build a 75-foot tall development that includes a hotel, residential units, office space, retail Read More →

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Santa Barbara scrambles to regulate pot dispensaries

By   /  Friday, November 27th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Santa Barbara scrambles to regulate pot dispensaries

Ryan Howe left a stable gig in the entertainment industry to vie for a coveted spot in Santa Barbara’s medical marijuana dispensary market. The former president of the Los Angeles-based production company Thunder Bay Pictures now aims to start one of three allowable dispensaries within city limits. “It was a philosophical change in my life,” Read More →

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Entrepreneur loses out on Haggen store bid

By   /  Friday, November 20th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Entrepreneur loses out on Haggen store bid

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Santa Barbara faces enforcement nightmare over short-term rentals

By   /  Friday, November 20th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Santa Barbara faces enforcement nightmare over short-term rentals

The city of Santa Barbara had it good. It had been controversially collecting taxes on short-term rentals since 2008 even though most were illegally operating in certain residential zones. The city earned extra revenue and only had to crack down on a handful that neighbors deemed intolerable. But the inherent conflict caught up with policy Read More →

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Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

By   /  Friday, November 13th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

This Haggen store in Santa Barbara is among 23 that are closing in the Tri-Counties.

Roxy’s Market’s bid for 2010 Cliff Drive in Santa Barbara may not come to fruition. Co-owner Mike Lawler successfully bid $75,000 for the rights to the soon-to-be-vacant Haggen store on the Mesa, but the landlord told him on Nov. 17 that he is looking for a larger national chain. Roxy’s has two smaller stores in Read More →

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Affordable housing projects move ahead in Santa Barbara

By   /  Friday, November 13th, 2015  /  Columns, Real Estate  /  Comments Off on Affordable housing projects move ahead in Santa Barbara

The region cannot build enough housing fast enough to keep up with increasing demand, economists have said at forecasts over the past two weeks. The Tri-Counties are so short on available units that it could rein in the economic expansion. But the Housing Authority of the City of Santa Barbara is trying to make a Read More →

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Apartments hot investment in Tri-Counties

By   /  Friday, November 6th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Apartments hot investment in Tri-Counties

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