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A shopping center property owned by the city of Thousand Oaks will be sold to Los Angeles development mogul Rick Caruso, who plans to add a six-story apartment building to the site. The much-anticipated transaction required approval from the Thousand Oaks City Council, which voted 3-2 in favor of the deal on Nov. 30. The Read More →
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.
With luxury resort operator Rosewood Hotels & Resorts signed on to run the Miramar resort and a large construction loan secured, some of the final pieces of the nearly decade-long puzzle are falling into place. Terms of the agreement weren’t disclosed when the deal was announced on June 3. But talks between the two firms Read More →
It’s worth noting that Volume 1, Issue 1 of the Business Times, written slightly more than 15 years ago, featured a story about the first plans for reconstructing the Miramar.
At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in Read More →
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.
