A massive new restaurant, wine and retail project is coming to Santa Barbara’s funk zone, the eclectic and gritty part of town known for its chic tasting rooms and art galleries dotted between industrial shops and warehouses. The 131 Anacapa St. project has been in the works for more than two years and will open Read More →
By Marlize van Romburgh / Friday, November 30th, 2012 / Columns, Real Estate / Comments Off on With new owners, Chapala One and La Entrada look to finish line
Rosenfeld’s $30 million bet on downtown Santa Barbara seems to count on three things.
With the purchase of the storied Chapala One luxury condominiums in downtown Santa Barbara, Los Angeles developer Michael Rosenfeld has placed a bet of an estimated $30 million on the future of the city’s waterfront neighborhood. Rosenfeld’s Los Angeles-based Woodridge Capital Partners purchased the mixed-use condo project at the corner of Chapala and Gutierrez streets in Read More →
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By Marlize van Romburgh / Friday, February 24th, 2012 / Columns, Real Estate / Comments Off on $9M deal puts Santa Barbara’s funk zone into play for projects
The Funk Zone is becoming a hotspot for dealmaking and development.