Hotel Oceana gets a new name as waterfront inns ready for boom
The 122-room property at 202 W. Cabrillo Blvd. was purchased last month by Philadelphia-based investment firm HHM for $41.7 million, including the assumption of $24.9 million in mortgage debt.
Location, location is key to drought outlook for region’s vintners
California’s production of wine grapes is likely to decline this year after record yields in 2012 and 2013, but it’s uncertain whether the booming Central Coast will join in the slide.
Artisan food vendors flock to Santa Barbara Public Market
Vendors will offer sustainably and humanely-raised meat and poultry; vegetable and fruit juices pressed on site; fresh seafood; cheeses and salumi; cupcakes and cakes; olive oils and vinegars; and a wine and beer tasting bar.
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.
Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
Startup Paso Robles wine brand Chronic Cellars purchased
Novato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →
