Arcutis treatment helps deliver Q1 earnings beat
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Santa Barbara economic summit discusses State Street’s needs
The need for housing throughout Santa Barbara County is well documented, as is the need to reinvent Santa Barbara’s State Street. But with the cost of construction costs and permitting taking even longer in 2024, those projects with great ambition to help the county are becoming less desirable, Gene Deering, a principal at Radius Real Read More →
Small business owners, in the nation and in the region, keep rosy outlook
A new Bank of America study finds that a majority of small and mid-sized business owners have an optimistic outlook about their businesses over the next year. Among other things, many expect their revenues to increase and plan to expand their businesses, the survey, released May 1, found. Jenn Kennedy, who has a Santa Barbara Read More →
CRE: Public company sells Ventura County office, HTFVC hosts affordable housing program
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Cal Poly accepts $60M gift for applied computing
A $60 million donation from the trust Robert N. Noyce will be enough to bring online the first-of-its-kind interdisciplinary school at Cal Poly San Luis Obispo. Announced May 8, the $60 million gift will go toward getting The Noyce School of Applied Computing online as soon as possible. The idea of The Noyce School of Applied Computing Read More →
Tri-county unemployment rate drops below 4%
The unemployment rate for the Central Coast fell below 4% in the month of April, according to the latest data provided by the California Employment Development Department. Released on May 17, the unemployment rate of the tri-counties was at 3.96% for the month of April, down from a 4.56% unemployment rate in the month of Read More →
Housing crunch: 11,000+ new homes could ease area shortage
More than 11,000 housing units in the tri-county region are being built, have been ap- proved or are proposed to help tackle the area’s acute housing shortage. One such housing project is the 1,500-unit Harvest in Limoneira in Santa Paula. The development is a 50/50 joint venture between Santa Paula-based lemon grower Limoneira and The Read More →
