Widening Highway 101 will reduce traffic woes
Construction on Highway 101 from Casitas Pass Road to Cabrillo Boulevard through Montecito is causing havoc for commuters trying to navigate from Ventura into Santa Barbara. The project will continue into 2020 as Caltrans-funded upgrades to the 101 are incorporated into widening for high occupancy vehicle lanes through a transportation corridor that’s absolutely crucial to Read More →
Tri-Counties lacking enough ‘middle housing’
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Oxnard apartment complex sells for $30.7 million
A 168-unit multifamily development in Oxnard was purchased for $30.7 million. Los Angeles-based real estate investment firm JRK Property Holdings acquired the property at 2444 Alvarado St. near the open-air shopping center The Collection from a private investor, marking its second multifamily acquisition in Oxnard over the past two years. Rancho Solana borders the RiverPark Read More →
Building more affordable housing difficult for tri-county developers
Building affordable housing can be anything but affordable for developers. Developers often need some sort of subsidy for affordable projects to pencil out, given the fact that they will receive below-market rents. Yet, the arena for federal income tax credits is becoming increasingly competitive. Projects are rated on a point system for the Low-Income Housing Read More →
Ventura County raspberry growers struggle to survive
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Ventura County economy faces challenges
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Medical marijuana collective raided, CEO arrested
Sespe Creek Collective, one of the tri-county region’s biggest and most visible medical marijuana providers, was raided by Ventura County law enforcement agencies on Nov. 3 and its CEO was arrested on suspicion of multiple felonies. Chelsea Sutula of Ventura, who runs Sespe Creek, spent the night in jail and is now free on bail. Read More →
