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SLO housing fund gets $1.5M grant

By   /  Monday, July 26th, 2010  /  Latest news  /  Comments Off on SLO housing fund gets $1.5M grant

The San Luis Obispo County Housing Trust Fund announced July 20 that it will receive a $1.5 million state grant for affordable housing — though exactly when the money will come remains to be seen. The state has awarded the grant, but due to the state budget crisis, “it is not know when the … Read More →

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Big deals on State Street

By   /  Friday, July 23rd, 2010  /  Latest news  /  Comments Off on Big deals on State Street

Santa Barbara’s State Street signed its largest downtown retail lease on July 23, with U.S. Bank snagging 5,708 square feet for a new location. The deal comes the same day that 700 State St., the former home of Left at Albuquerque, sold for an undisclosed amount. The U.S. Bank lease at 936 State St. is Read More →

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Brand guru pitches "Oxnard Shores," the international city

By   /  Thursday, July 22nd, 2010  /  Latest news  /  Comments Off on Brand guru pitches "Oxnard Shores," the international city

The consultant hired to develop a new brand for Oxnard recommends building an “international city” theme, centering the downtown area around a “public market,” and changing the city’s name to “Oxnard Shores.” Those were the highlights of a July 22 presentation by Roger Brooks of Destination Development International, the “destination branding” firm hired by the Read More →

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Cal Poly delays launch of Santa Barbara MBA program

By   /  Wednesday, July 21st, 2010  /  Latest news  /  Comments Off on Cal Poly delays launch of Santa Barbara MBA program

Cal Poly San Luis Obispo will continue to recruit students for its master’s of business administration program in Santa Barbara but the launch date has been delayed. Officials at the Orfalea College of Business said they had been asked by the office of the Chancellor of the California State system to delay the launch. "We Read More →

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South Coast leaders vow to seek new San Jose airline service

By   /  Wednesday, July 21st, 2010  /  Latest news  /  Comments Off on South Coast leaders vow to seek new San Jose airline service

Santa Barbara Municipal Airport will offer incentives to lure a new carrier to offer routes to and from San Jose, but service isn’t likely to return soon. That was the message from airport director Karen Ramsdell at a July 21 meeting of 50 business and community leaders, hosted by Citrix Online in Goleta. Business leaders Read More →

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TMC Communications acquired

By   /  Monday, July 19th, 2010  /  Latest news  /  Comments Off on TMC Communications acquired

Santa Barbara-based TMC Communications announced July 7 that it had agreed to an acquisition offer by Globalinx, a telecommunications company in Rochester, N.Y. The deal is expected to close in 90 days. Terms were not disclosed. Globalinx will keep TMC’s Santa Barbara office but will re-brand it under its own name. TMC employees will stay Read More →

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Pacific Capital picks finance veteran as new CFO

By   /  Thursday, July 15th, 2010  /  Latest news  /  Comments Off on Pacific Capital picks finance veteran as new CFO

Pacific Capital Bancorp, the troubled parent firm of Santa Barbara Bank & Trust, said July 15 that it has brought a Goldman Sachs Bank veteran on as its new chief financial officer. Mark Olson, 42, takes over from Don Lafler, Pacific Capital’s interim CFO. Olson will have his work cut out for him as Pacific Read More →

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