The city’s Long-Bonetti Ranch project, which includes a proposal for a public market, is being billed as the next trendy retail center on the Central Coast.
The fighting over Miramar is a sign that this project is literally barreling down the road for approval, albeit one that is not going to be trumpeted from any rooftops. And the reason is, in a word, money.
If you’re in the market to purchase a full-scale winery, then why not buy one with a prime piece of Santa Barbara Funk Zone real estate thrown in the deal?
Thanks to a four-year renovation, new tenants and a Starbucks coffee anchor, owners of a downtown Santa Barbara property were able to flip the Carrillo Street asset for $12.2 million.
Shares of the The Ryland Group finished trading up more than 8 percent Thursday after the company released fourth-quarter earnings with revenues up 24.7 percent, trumping analysts expectations.
Carrillo Plaza is located at 210 W. Carrillo Blvd. and was sold by Carrillo Holdings, a Santa Barbara-based real estate company. It has shed six Santa Barbara properties over the last 18 months.
