Coastal Commission sea-level rules could erode property rights
By Stephen Nellis / Friday, April 4th, 2014 / Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Coastal Commission sea-level rules could erode property rights
The seas are rising, threatening billions of dollars of California’s coastal real estate. But the question of whether property owners can armor against the waves or must fall back as their holdings wash away is at the heart of an obscure policy document making its way through the California Coastal Commission. The rules would require Read More →
Irrigation technology firm raises $3.5M
By Staff Report / Thursday, April 3rd, 2014 / Agribusiness, Central Coast, Technology, Top Stories / Comments Off on Irrigation technology firm raises $3.5M
San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.
SMS Masterminds raises $12.2M, becomes public
By Stephen Nellis / Thursday, April 3rd, 2014 / Central Coast, Technology, Top Stories, Tri-County Public Companies / 2 Comments
San Luis Obispo-based SMS Masterminds has raised $12.2 million through its parent company and will soon bring a new public company headquarters to the Central Coast.
Disease-carrying citrus psyllid found in SLO County
By Staff Report / Tuesday, April 1st, 2014 / Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County / Comments Off on Disease-carrying citrus psyllid found in SLO County
The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →
Vandenberg apartments sell in Lompoc area’s largest deal in 3 years
By Staff Report / Monday, March 31st, 2014 / Central Coast, Latest news, Real Estate, Top Stories, Tri-County Economy / 1 Comment
A 122-unit apartment complex near Vandenberg Air Force Base in Lompoc has been sold after listing for $14 million. The sale of the Vandenberg Garden Apartments marks the largest sale of multifamily property in north Santa Barbara County since La Vista in Santa Maria changed hands in 2011 for $42 million, according to Radius Read More →
Whole Foods buys New Frontiers in SLO for first Central Coast store
By Staff Report / Monday, March 31st, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Whole Foods buys New Frontiers in SLO for first Central Coast store
Grocery giant Whole Foods Market has purchased the New Frontiers Natural Marketplace in San Luis Obispo, setting the stage for its first Central Coast store. Austin-based Whole Foods announced on March 31 that it has purchased the New Frontiers stores in San Luis Obispo and in Flagstaff, Prescott and Sedona, Ariz. Terms of the Read More →
Region presses ‘play’ on $60M film production industry
By Marlize van Romburgh / Friday, March 28th, 2014 / Central Coast, East Ventura County, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County / Comments Off on Region presses ‘play’ on $60M film production industry
Film and television production reels in an estimated $60 million for the region each year, and the industry’s impact on the Tri-Counties is likely to rise as tourism groups in each of the three counties ramp up their outreach to Hollywood.