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Hotel developers embrace Paso Robles wine boom

By   /  Friday, February 14th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Hotel developers embrace Paso Robles wine boom

A hotel development frenzy in Paso Robles could double the number of rooms in town over the next 10 years, a figure that already has seen twofold growth since 2000 as wineries flourish.

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Armstrong lands construction contract for Children’s Museum

By   /  Friday, January 17th, 2014  /  Columns, Real Estate, South Coast, Tourism  /  Comments Off on Armstrong lands construction contract for Children’s Museum

Construction on a 17,000-square-foot Children’s Museum in Santa Barbara kicks off this summer. Area general contractor Armstrong Associates has been tapped to build the new museum at 125 State St., adjacent to the train station.

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Led by Parker inn, hotels to make headway in 2014

By   /  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.

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Updated: Parkers submit scaled-down plans for second waterfront hotel

By   /  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.

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Target store in Westlake Village takes aim at mid-2014 opening

By   /  Friday, November 29th, 2013  /  East Ventura County, Real Estate, Tri-County Economy  /  Comments Off on Target store in Westlake Village takes aim at mid-2014 opening

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Simi mall owners pin turnaround plan on high-end theater anchor

By   /  Friday, November 22nd, 2013  /  East Ventura County, Real Estate  /  Comments Off on Simi mall owners pin turnaround plan on high-end theater anchor

Over the last three years, the new owners have gone through dozens of draft plans and contended with the demise of Simi Valley’s redevelopment agency. The developers have finally settled on a vision that will add a Studio Movie Grill as a second anchor tenant and build a new, centrally located parking lot.

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Emissions cap prompts oil firm backlash

By   /  Friday, November 22nd, 2013  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Emissions cap prompts oil firm backlash

Santa Barbara County’s decision to impose a strict cap on carbon emissions from a proposed oil project puts the county at a competitive disadvantage in California and likely will cut into the money energy firms pump into the regional economy.

The Board of Supervisors voted 3-2 on Nov. 12 to require Santa Maria Energy to cap its carbon emissions at 10,000 tons per year. Santa Maria Energy had proposed 136 wells for a site near Orcutt.

Santa Barbara County’s oil is thick and viscous. In order to extract it, companies inject steam into wells to soften the oil. Burning natural gas to create the steam is what generates the bulk of carbon emissions.

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