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Lineage Logistics unveils new cold-storage facility in Santa Maria

By   /  Monday, September 29th, 2014  /  Agribusiness, Central Coast, Real Estate, Tri-County Economy  /  Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria

Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →

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Chumash award $112M hotel contract, eye October groundbreaking

By   /  Monday, September 29th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  1 Comment

  Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar Read More →

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The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

By   /  Friday, September 12th, 2014  /  Real Estate, Small Business, South Coast, Top Stories, Tourism  /  Comments Off on The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

A much-wondered-about project at the corner of Laguna and Haley streets in Santa Barbara is poised to become the next big attraction to a corridor that area real estate insiders say is shaping up as the latest extension of the city’s Funk Zone.

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Mixed-use project planned for midtown Santa Barbara corridor

By   /  Friday, July 18th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Mixed-use project planned for midtown Santa Barbara corridor

A new mixed-use development on upper De La Vina Street in Santa Barbara is the latest in a series of locally driven projects in the midtown neighborhood in the last few years.

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Procore to build out South Coast operations with $15M Bessemer raise

By   /  Friday, June 20th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore to build out South Coast operations with $15M Bessemer raise

Carpinteria-based Procore Technologies, a maker of cloud-based construction management software, recently raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype, bringing its total funding to date to $20.5 million.

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South Coast housing demand drives demolition of State Street hotel

By   /  Friday, June 13th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on South Coast housing demand drives demolition of State Street hotel

Plans to bulldoze a profitable hotel on Upper State Street in Santa Barbara are moving forward as pent-up demand for housing means South Coast developers can price middle-market condos in the $1 million range.

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Channeling a bold idea: CSUCI embarks on $600M build-out

By   /  Friday, June 13th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Channeling a bold idea: CSUCI embarks on $600M build-out

With the state of California’s higher education budget in disarray, CSU Channel Islands President Richard Rush has turned to the private sector to complete the dream of a four-year public university to serve Ventura County.

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