When thinking small pays off
Even with the real estate market in the slumps, one small Santa Barbara construction company is holding its own by focusing on small projects larger firms won’t touch. Projects by Giffin & Crane is a women-run construction business and a division of Giffin & Crane General Contractors, a firm locally renowned for building many of Read More →
Recession lessons will guide future
You can tell a lot about what’s happening in the economy by taking a walk around the block. Or, in my case, across the alley. That’s because, as I am sad to report, the economy has taken its toll on Tuttini’s, Susan and Winston Sullivan’s popular bakery and café located in the building just a Read More →
Moshe Silagi looks beyond state to build his post-recession portfolio
Moshe Silagi, the real estate developer at the helm of Thousand Oaks-based Silagi Development & Management, is lucky enough to be one of the few cash buyers in today’s market. The Hungarian-born investor played his cards just right, selling millions of square footage in 2007 before the market collapsed. Now he’s using that cash to Read More →
LaunchPoint gets $1M grant
Goleta-based engineering house LaunchPoint Technologies has won a piece of a $5.6 million federal grant to move a heart-assist pump for babies and small children recovering from heart surgery or waiting on a heart transplant toward clinical tests. LaunchPoint will receive roughly $1 million of the grant, which will be used to finished up preclinical Read More →
Caruso: I won
Miramar developer Rick Caruso’s permits are about to run out, but his confidence isn’t. It’s been almost a full decade since the iconic Miramar Hotel in Montecito was closed for renovations, but Caruso is confident that just one more year will do the trick. The county gave him the green light to tear down Read More →
Airport gets much-needed grant
Also from San Luis Obispo County comes a sign that a concerted economic development effort can pay off. Just a few years ago, the SLO Airport was struggling with the loss of major carriers and a maintenance operation. But things seem to have stabilized thanks to a community wide effort to support existing flights and Read More →
How SLO can lead the renewable revolution
In the world of business, timing is everything. That’s because a certain amount of momentum develops around a sale or a deal and once it stops it may go away — forever. In the case of California, and particularly the Tri-Counties, there’s a lot of momentum right now built up behind the development of renewable Read More →
