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T.O. Boulevard revamp hinges on key project

By   /  Friday, September 26th, 2014  /  East Ventura County, Real Estate, Tri-County Economy  /  Comments Off on T.O. Boulevard revamp hinges on key project

Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.

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Impact Radius offers alternative to advertising network model

By   /  Friday, September 26th, 2014  /  Central Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Impact Radius offers alternative to advertising network model

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

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PB Cos. sets sights on building out SLO’s Marsh Street corridor

By   /  Friday, September 26th, 2014  /  Central Coast, Real Estate, Tri-County Economy  /  Comments Off on PB Cos. sets sights on building out SLO’s Marsh Street corridor

PB Companies is not slowing down in its quest to bring new residential and commercial development to San Luis Obispo.

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Frontier Airlines to drop Santa Barbara service

By   /  Tuesday, September 23rd, 2014  /  South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Frontier Airlines to drop Santa Barbara service

  Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015.  Read More →

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Teledyne to raise $125M in debt sale

By   /  Tuesday, September 23rd, 2014  /  Banking & Finance, Banking Industry, East Ventura County, Tri-County Economy  /  Comments Off on Teledyne to raise $125M in debt sale

Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, Read More →

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Schaff buys Goleta offices from Towbes for $26.4M

By   /  Monday, September 22nd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Schaff buys Goleta offices from Towbes for $26.4M

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →

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Stollmeyer family gives $1M to French Hospital

By   /  Friday, September 19th, 2014  /  Central Coast, Health Care & Life Science, Nonprofits, Top Stories, Tri-County Economy  /  Comments Off on Stollmeyer family gives $1M to French Hospital

Mindbody CEO Rick Stollmeyer and his ex-wife are making a $1 million gift to French Hospital Medical Center in San Luis Obispo. Rick Stollmeyer, co-founder and chief executive of SLO-based software firm Mindbody, and Lori Stollmeyer Ryan made the gift to support the hospital’s “Well into the Future” campaign, which includes the expansion and remodel Read More →