L.A. developer snaps up Isla Vista complex for $6M
By Elijah Brumback / Friday, July 18th, 2014 / Columns, Real Estate, South Coast, Tri-County Economy / Comments Off on L.A. developer snaps up Isla Vista complex for $6M
Los Angeles investment firm Majestic Asset Management has purchased a 36-unit apartment complex in Isla Vista for about $6 million.
News organizations object to Mission & State funding plan
By Staff Report / Tuesday, July 15th, 2014 / Nonprofits, South Coast, Top Stories, Tri-County Economy / Comments Off on News organizations object to Mission & State funding plan
A two-hour debate over the future of the Mission & State investigative reporting project in Santa Barbara ended with no resolution but one funder calling for a time-out to reassess the awarding of a management contract to a for-profit news organization. The meeting was held at the offices of the Santa Barbara Foundation, which awarded Read More →
Teledyne dives into underwater drone business with Ocean Aero deal
By Stephen Nellis / Friday, July 11th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Teledyne dives into underwater drone business with Ocean Aero deal
While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean Read More →
Found in the wilderness: Queen bed, hot shower, soft sheets
By Elijah Brumback / Friday, July 11th, 2014 / Central Coast, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Found in the wilderness: Queen bed, hot shower, soft sheets
Glamping, short for glamor camping, is a niche segment of the outdoor recreation industry. A number of long-standing Central and South Coast retreats are cashing in as the trend’s popularity peaks.
Hawaii utility project is largest-ever for REC Solar
By Stephen Nellis / Friday, July 11th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Hawaii utility project is largest-ever for REC Solar
San Luis Obispo-based REC Solar has broken ground on its biggest project yet, a 12-megawatt installation for a Hawaiian utility cooperative.
A labor of leather: Craftsman adds artisan touch to family trade
By Marissa Wenzke / Friday, July 11th, 2014 / Small Business, South Coast, Top Stories, Tri-County Economy / Comments Off on A labor of leather: Craftsman adds artisan touch to family trade
With the warm, heavy smell of leather in the air, Steven Soria sits in his single-room shop in downtown Santa Barbara amid work tables crowded with metal machinery and tools.
Strawberry grower, Heritage Oaks head to trial over loan contract
By Stephen Nellis / Friday, July 11th, 2014 / Agribusiness, Banking & Finance, Central Coast, Law & Goverment, Top Stories, Tri-County Economy / Comments Off on Strawberry grower, Heritage Oaks head to trial over loan contract
A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.