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Kimpton sold to UK hotel group in $430M deal, Miramar delayed

By   /  Tuesday, December 16th, 2014  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Kimpton sold to UK hotel group in $430M deal, Miramar delayed

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

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Former Raytheon property in Goleta sells for $2.8M

By   /  Monday, December 15th, 2014  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Former Raytheon property in Goleta sells for $2.8M

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.

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Lands Commission hears Venoco’s plan for Ellwood facility

By   /  Friday, December 12th, 2014  /  Columns, Latest news, Law & Goverment, Top Stories  /  Comments Off on Lands Commission hears Venoco’s plan for Ellwood facility

Denver-based oil and gas producer Venoco, which has significant operations on the South Coast, is pushing to have its revised environmental impact report approved for the recommissioning of an old well at Haskell’s Beach.

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After leaving Goleta, Allergan sold in $66B deal

By   /  Monday, November 17th, 2014  /  Latest news, Technology, Top Stories  /  Comments Off on After leaving Goleta, Allergan sold in $66B deal

Although company spokespeople did not immediately return requests for comment, it is unlikely the fate of Allergan’s Goleta facility will change.

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Groundbreaking is step forward for housing in SLO

By   /  Friday, November 14th, 2014  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on Groundbreaking is step forward for housing in SLO

The first shovel full of dirt for Terraza, a project billed as a cutting-edge sustainable housing community in San Luis Obispo, flew at a Nov. 12 groundbreaking.

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The business of aid: Direct Relief adapts corporate strategy

By   /  Friday, November 7th, 2014  /  Latest news, Nonprofits, Top Stories  /  Comments Off on The business of aid: Direct Relief adapts corporate strategy

In 2013, Direct Relief provided $346 million in humanitarian aid to 69 counties including the United States. That work accounted for 5,552 shipments of pharmaceuticals, medical supplies and medical equipment — a more than 500 shipment increase over 2012’s total.

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‘Prost!’ Figueroa Mountain to trek from Buellton to Bavaria

By   /  Friday, November 7th, 2014  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on ‘Prost!’ Figueroa Mountain to trek from Buellton to Bavaria

Buellton-based craft brewer Figueroa Mountain is headed across the pond with plans for a brewery and taproom in Germany.