Led by Parker inn, hotels to make headway in 2014
By Christine De La Cruz / Monday, December 23rd, 2013 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Led by Parker inn, hotels to make headway in 2014

After several false starts over the years, the Fess Parker family is moving forward with revised plans for its second waterfront hotel in Santa Barbara, one of a few hotel developments in the city that could see progress in the New Year.
Atara raises $38.5M for dialysis, cancer drugs
By Stephen Nellis / Friday, December 20th, 2013 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Atara raises $38.5M for dialysis, cancer drugs
Atara Biotherapeutics, a Thousand Oaks firm that emerged last year with major Silicon Valley backers and licenses to develop six Amgen assets, has raised $38.5 million to pursue treatments for dialysis complications and ovarian cancer.

Lompoc bets on TBID: Hoteliers organize tourism marketing district
By Christine De La Cruz / Friday, December 20th, 2013 / Central Coast, Features, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture / Comments Off on Lompoc bets on TBID: Hoteliers organize tourism marketing district
The Lompoc Tourism Improvement District was unanimously approved by the City Council on Dec. 5 and has overwhelming support from hotel owners in the city. The district will take effect Jan. 1, assessing a 2 percent tourism fee on hotel stays to generate funds to advertise the city to potential travelers.

Deckers cozies up to Ugg retail store strategy
By Marlize van Romburgh / Friday, December 20th, 2013 / South Coast, Top Stories, Tri-County Economy / Comments Off on Deckers cozies up to Ugg retail store strategy

As Deckers Outdoor Corp. makes the move to its new campus headquarters in Goleta, the billion-dollar-a-year Ugg firm says it has smoothed out its business model and is on track for a stellar 2013.

Mafi-Trench gears up: Santa Maria manufacturer plans for new plant
By Stephen Nellis / Friday, December 20th, 2013 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Mafi-Trench gears up: Santa Maria manufacturer plans for new plant

James Reilly has been pushing for a new manufacturing plant to bring about 100 new jobs to Santa Maria for two years, and now the real work of getting it financed is about to begin.
Updated: Parkers submit scaled-down plans for second waterfront hotel
By Staff Report / Wednesday, December 18th, 2013 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Updated: Parkers submit scaled-down plans for second waterfront hotel
The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.

In the Zone: Investors cash out on redevelopment projects
By Marlize van Romburgh / Monday, December 16th, 2013 / Real Estate, Restaurants, South Coast, Tri-County Economy / Comments Off on In the Zone: Investors cash out on redevelopment projects

Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.