One of nation
One of the largest greenhouses on the West Coast has been put up for sale with an asking price of $18.5 million. Carpinteria orchid grower Gallup & Stribling’s 45-acre property includes 1.5 million square feet of greenhouse and industrial space. The property, just off of Highway 101 at 3450 Via Real, has been used to grow Read More →
Banks report mixed results, some growth
Tri-county banks reported mixed second-quarter results, but banker optimism and improved balance sheets suggest a measured economic turnaround is under way. “The worst is behind us and the economy is gradually picking up,” Sung Won Sohn, a CSU Channel Islands professor and former Wells Fargo economist, told the Business Times. “Earnings have stabilized. However, when Read More →
Dreaming of a new Old Town: Goleta looks to spruce up its downtown core
Goleta’s Old Town may soon get a new look, courtesy of City Hall. Business owners in the colorful but mismatched and rundown area of town, best known for its grocery stores and taquerías, may be able to give their storefronts a facelift and have the city foot the bill. On July 20 the Goleta City Read More →
Maldonado's farm pays tax bill
The Santa Maria family farm owned by Lt. Gov. Abel Maldonado settled its dispute with the International Revenue Service by paying $111,146 in back taxes on July 26, the Los Angeles Times reported. The IRS had placed a lien in that amount on Agro-Jal Enterprises in April, an action that was first revealed in a Read More →
Port of Hueneme budget passsed
The Oxnard Harbor District board has approved the Port of Hueneme’s new budget for the 2010-11 fiscal year, one that reflects “the continued impact of the sluggish global economy,” according to a district news release. The Harbor District’s operating revenues are projected to be $10.4 million, an increase of about 3.3 percent from the last Read More →
Editorial: The way to San Jose
An impressive gathering of South Coast business and political leaders met July 21 to map out a strategy for restoring direct service from Santa Barbara’s airport to San Jose. This service is critical to meeting the needs of the region’s technology industry, and SkyWest Airlines’ decision to suspend the service earlier this summer did Read More →
Editorial: Oxnard, don't go nuclear on credit union
Oxnard has threatened to use eminent domain proceedings to evict a longtime tenant, Pacific Oaks Credit Union, from a troubled property known as Carriage Square. That strikes us as a harsh way to treat a financial institution that’s an important part of the lifeblood of the region’s largest city, and we’d urge the city, property Read More →
