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By Pacific Coast Business Times Staff / Monday, April 12th, 2010 / Opinion / Comments Off on Hwy 101 may have a smoother road ahead
Just when it looked like Highway 101 was headed for a legacy of potholes and traffic jams, things are showing signs of improvement. The region’s major trade corridor is more than just a lifeline for goods and services — in many ways it actually defines the tri-county economy. And to make major changes on Highway Read More →
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By Pacific Coast Business Times Staff / Monday, April 12th, 2010 / Top Stories / Comments Off on Bank, builder duel again
Santa Barbara contractor David Lack and Bank of Santa Barbara are at it again, and this time the builder has fired the latest round in his ongoing battle with the bank. On March 19, Lack Construction filed a lawsuit in Santa Barbara County Superior Court alleging that Bank of Santa Barbara, the firm’s creditor, had Read More →
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By Pacific Coast Business Times Staff / Monday, April 12th, 2010 / Top Stories / Comments Off on The future of the Valley
The battle lines for the future of the Santa Ynez Valley are drawn. On one side, the Santa Ynez Band of Chumash Indians put a $40 million recorded value on a 1,390-acre ranch it recently bought from the family of the late actor and Santa Barbara County developer Fess Parker. It’s a signal that the Read More →
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By Pacific Coast Business Times Staff / Monday, April 12th, 2010 / Top Stories / Comments Off on Business school battle shapes up in Santa Barbara
A three-way fight is breaking out to offer evening master’s of business administration classes in Santa Barbara. The latest entrant is Pepperdine University, which struck a sponsorship deal April 8 with the University of California, Santa Barbara, Alumni Association to tap the association’s events and e-mails to advertise the school’s nighttime MBA program in Westlake Read More →
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By Pacific Coast Business Times Staff / Monday, April 12th, 2010 / Columns / Comments Off on $10M State Street Borders deal is a bright spot in a dull market
The $10 million sale of 900 State St. in Santa Barbara makes for the largest retail real estate deal in the city in more than two years, but the outlook for the South Coast’s commercial real estate market remains shaky. The 38,000-square-foot retail space where Borders bookstore is housed was sold on April 5 to Read More →
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By Pacific Coast Business Times Staff / Sunday, April 11th, 2010 / Uncategorized / Comments Off on Wal-Mart revises plans
Wal-Mart has submitted a scaled-down revision for its plans to build a supercenter store in Atascadero, the Tribune reported. The retail giant now proposes a 123,112-square-foot retail and grocery building, including a pharmacy, although it will no longer be a drive-through, and a 6,448-square-foot outdoor garden center, the newspaper reported. A tire and lube express Read More →
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By Staff Report / Wednesday, April 7th, 2010 / Latest news / Comments Off on Late bidder emerges to top offer for CKE
Hold the lettuce. The emergence of a late bidder has frozen private equity firm Thomas H. Lee’s plans to take Carpinteria-based CKE Restaurants private for $11.09 per share. The parent company of Carl’s Jr. and Hardees said April 7 it had received a late bid that was likely to top THL’s best offer, an announcement Read More →
