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Pacific Capital will keep headquarters

By   /  Monday, June 7th, 2010  /  Top Stories  /  Comments Off on Pacific Capital will keep headquarters

Even as it operates under a tight regulatory regime, Pacific Capital Bancorp, the region’s largest banking company, confirmed to the Business Times that it is not terminating the lease on its downtown Santa Barbara headquarters. It’s a sign that the Ford Financial Fund — a Texas-based investment group in talks with Pacific Capital over a Read More →

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Lost Canyons Golf Club slated for housing

By   /  Monday, May 31st, 2010  /  Top Stories  /  Comments Off on Lost Canyons Golf Club slated for housing

After struggling for years in the golf world, Simi Valley’s Lost Canyons is ready to try its hand in the residential real estate market. The owners of the 1,770-acre site in north Simi Valley have taken the first steps in the city’s approval process to rezone and redevelop the two 18-hole public courses into a Read More →

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Ready for takeoff: Frontier jets in Santa Barbara would be region

By   /  Monday, May 31st, 2010  /  Top Stories  /  Comments Off on Ready for takeoff: Frontier jets in Santa Barbara would be region

The tri-county skies are about to get a little more competitive. Starting June 4, Frontier Airlines will offer two nonstop flights to Denver International Airport each day from Santa Barbara Municipal Airport. Airport officials and airline experts expect the new flights to bring down fares and make it easier for tri-county travelers to connect to Read More →

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Aerospace contracts lift sales at Lucix

By   /  Monday, May 31st, 2010  /  Top Stories  /  Comments Off on Aerospace contracts lift sales at Lucix

Camarillo-based Lucix Corp. is on track to double its revenue to nearly $30 million this year after winning a big contract with Boeing for a NASA relay satellite.   Lucix makes communications gear for satellites and has about 120 employees. A handful of major companies — including Boeing, Lockheed Martin and Northrop Grumman — make Read More →

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Crowded GOP field in 33rd Assembly District

By   /  Tuesday, May 25th, 2010  /  Top Stories  /  Comments Off on Crowded GOP field in 33rd Assembly District

Four Republican candidates — a county supervisor, a financial analyst, a city councilman and a former planning commissioner — are vying for the party’s nomination in the 33rd State Assembly District. Each touts him or herself as the business candidate. Each promises to work to cut spending in Sacramento. And each continues to support drilling Read More →

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Down, but not out: Santa Maria plots its comeback

By   /  Tuesday, May 25th, 2010  /  Top Stories  /  Comments Off on Down, but not out: Santa Maria plots its comeback

The Santa Maria Valley economy has suffered blows from many sides: 3,500 construction jobs have evaporated, a motion picture special-effects house with Oscar-nominated work has signaled its intention to leave town and, earlier this month, a UPS call center announced it would lay off 270 workers. But economic forecasters say Santa Maria — with its Read More →

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Property management software smackdown hits Santa Barbara

By   /  Tuesday, May 25th, 2010  /  Top Stories  /  Comments Off on Property management software smackdown hits Santa Barbara

The two biggest players in residential property management software, Santa Barbara-based Yardi Systems and Texas-based RealPage, are locked in an arms race of acquisitions. And both have taken note of the threat posed by Santa Barbara-based AppFolio, an upstart backed by the founder of one of the South Coast’s most successful software firms. Yardi, one Read More →