Santa Barbara, Ventura to keep streets closed, outdoor dining open through at least 2024
Lower State Street will remain closed to vehicle traffic for at least two more years, and restaurants will likely start paying for their outdoor dining “parklets,” according to new requirements recently adopted by the Santa Barbara City Council. In the tri-county area, only the cities of Santa Barbara and Ventura have left their main downtown Read More →
Real Estate: Downtown Santa Barbara sale means new landlord for PCBT
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Real Estate: Santa Barbara Public Market sold to local buyer
Happy New Year! Let’s jump into the latest commercial real estate industry updates on the Central Coast. With goals of bringing new energy and some new investments, two local families have purchased the Santa Barbara Public Market and an adjacent space in downtown Santa Barbara. The market at 38 W. Victoria St., a collection of Read More →
Real Estate: Paseo Nuevo Macy’s to get new life as roller rink; Hotel Santa Barbara sold
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
New owners have plans to transform Nordstrom building in downtown Santa Barbara
Three out-of-area firms have acquired the now-vacant building formerly occupied by Nordstrom in downtown Santa Barbara, the companies announced Nov. 4. Shopoff Realty Investments and Praelium Commercial Real Estate, both based in Orange County, bought the property in partnership with an affiliate of New York City-based Dune Real Estate Partners. Shopoff Realty Investments representatives declined Read More →
Waiting for the bus: Bill’s Bus aims to get on the road again, but costs are high
Since 1991, thousands of people have taken a shuttle service that provides dependable and safe nighttime transportation between Isla Vista and downtown Santa Barbara. But, like many businesses in March 2020, the COVID-19 pandemic brought Bill’s Bus to a screeching halt. The bus suspended its scheduled service for Isla Vista residents headed from the seaside Read More →
Nordstrom building in downtown Santa Barbara nearing sale; buyer plans offices on upper floors
The Nordstrom building in downtown Santa Barbara is nearing a sale, and the new owner is looking to turn the upper floors into office space, according to a report released by Hayes Commercial Group on July 30. The building is at the northern end of Paseo Nuevo. Most of the outdoor mall is owned by Read More →
