Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar Read More →
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →
With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →
Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.
Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015. Read More →