September 15, 2025
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Bureaucrats move in to locale where winery irked neighbors

By   /  Friday, May 15th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Bureaucrats move in to locale where winery irked neighbors

The Department of General Services, business manager for the state on the Central Coast, will consolidate a handful of offices into a renovated warehouse just outside of downtown San Luis Obispo. DGS recently signed a $15.4 million, 15-year lease for the former home of The Workshop Urban Wine Collective, a custom crush winery operation at Read More →

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Global advisory firm invests with SB mixed-use project

By   /  Friday, May 8th, 2015  /  Columns, Real Estate  /  Comments Off on Global advisory firm invests with SB mixed-use project

SG, a Santa Barbara-based wealth adviser that lays claim to the largest insurance policy ever sold — $201 million to the unnamed CEO of a Silicon Valley public company — is investing its own capital at its current address. The company, working through agent John Donaldson, wants to demolish its current office building at 800 Read More →

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on ERG Resources files bankruptcy, business for sale

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →

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The knives come out at the Santa Barbara Public Market

By   /  Friday, May 1st, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on The knives come out at the Santa Barbara Public Market

In an update to the Business Times’ April 3 story on the trials and tribulations of the Santa Barbara Public Market, some tenant angst is starting to spill over. While a few tenants, including Rori’s Artisanal Ice Cream and Empty Bowl, are exceeding revenue expectations, at least one merchant feels misled by claims project developer Read More →

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Discovery expands north: Twins tap SLO to expand entertainment business

By   /  Friday, May 1st, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Discovery expands north: Twins tap SLO to expand entertainment business

    Twin brothers Josh and Jeremy Pemberton are planning to expand their Ventura-based food and entertainment business to San Luis Obispo. The two own and operate Discovery Venues, and in late March, they submitted plans to redevelop the 24,500-square-foot former Sports Authority building at 1144 Chorro St. in San Luis Obispo into a 14-lane Read More →

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Paso Robles urged to reduce housing permitting barriers

By   /  Friday, April 24th, 2015  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on Paso Robles urged to reduce housing permitting barriers

The Building, Design and Construction Cluster of the Economic Vitality Corp., a group of building industry professionals in San Luis Obispo County, wants Paso Robles to consider updating its permitting fees to reduce barriers to developing affordable housing. The group, part of the SLO Economic Strategy Project, recently submitted a letter to the city with Read More →

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First look at new development

By   /  Friday, April 24th, 2015  /  Latest news, Real Estate  /  Comments Off on First look at new development

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