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.
The proposal includes demolishing an existing 12,000-square-foot building to construct a 55,000-square-foot, 45-foot tall hotel at 926 Indio Muerto St.
At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in Read More →
The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.
With sales running at their highest rate since the pre-financial crisis days of 2006, Santa Barbara-based Seacoast Yachts is now expanding to the Channel Islands Harbor in Oxnard.
