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You are here:  Home  >  Tri-County Economy  >  South Coast  -  Page 137
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Big firms check in to Santa Barbara hotel boom

By   /  Friday, March 14th, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Big firms check in to Santa Barbara hotel boom

The 122-room Hotel Oceana on Santa Barbara’s waterfront has been purchased for $41.7 million by a Philadelphia investment trust that wants to expand on the West Coast. (Alex Drysdale / Business Times photo)

A Philadelphia company’s $41.7 million purchase of Hotel Oceana in Santa Barbara signals that large out-of-town investors are betting on a major boom in South Coast tourism.

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Angling for change: Bren School startup serves up new model for sustainable seafood

By   /  Friday, March 14th, 2014  /  Agribusiness, Green Coast, Small Business, South Coast, Top Stories, Women Inc.  /  1 Comment

Norah Eddy, left, and Laura Johnson are founders of Salty Girl Seafood. The startup, spun out of the UC Santa Barbara Bren School of Environmental Science and Management, aims to make it easier for restaurants to source seafood directly from fishermen. (Alex Drysdale / Business Times photo)

A team of UCSB graduate students has created an online marketplace where restaurants and fishermen can connect directly to buy sustainable, traceable seafood.

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QAD profits slip despite record revenue

By   /  Thursday, March 13th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD profits slip despite record revenue

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.

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Investor snaps up Sonos R&D facility in largest deal in 7 years

By   /  Friday, March 7th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Investor snaps up Sonos R&D facility in largest deal in 7 years

A 47,000-square-foot property in Santa Barbara that music equipment maker Sonos leases for its world research and development headquarters has been sold for a reported $17.2 million after being listed for $21.5 million.

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South Coast golfers trod parched courses amid drought

By   /  Friday, March 7th, 2014  /  Agribusiness, Central Coast, East Ventura County, Features, Green Coast, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on South Coast golfers trod parched courses amid drought

Rancho San Marcos, a par 71 course in the Santa Ynez Valley, said dry conditions are affecting business. The course’s general manager told the Business Times that the number of rounds played at the course is at 10 percent of normal. (Alex Drysdale / Business Times photo)

Some of the greens on the South Coast are starting to look a little brown as regional golf courses cut back on watering amid California’s worsening three-year drought.

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UCSB to build $74.3M bioengineering center

By   /  Tuesday, March 4th, 2014  /  Restaurants, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on UCSB to build $74.3M bioengineering center

With the state’s fiscal picture improving, UC Santa Barbara is set to break ground on a $74.3 million bioengineering center this summer.

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Sonos headquarters sold after listing for $21.5M

By   /  Monday, March 3rd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Sonos headquarters sold after listing for $21.5M

The 47,000-square-foot building at 25 E. Mason St. in Santa Barbara’s Funk Zone has been sold to an unnamed investor for an undisclosed amount. The property was listed for $21.5 million.

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