Governments, businesses band together on better broadband
By Stephen Nellis / Friday, September 5th, 2014 / Central Coast, Columns, East Ventura County, South Coast, Technology, Tri-County Economy, West Ventura County / Comments Off on Governments, businesses band together on better broadband
The Broadband Consortium Pacific Coast has been launched to bring the region’s Internet up to speed. The effort is a collaboration between public- and private-sector officials in Ventura, Santa Barbara and San Luis Obispo counties and has received an initial $300,000 in grant funding for its first two years from the California Public Utilities Commission.
Cabbies hail help from Sacramento: Bills target Uber, Lyft
By Elijah Brumback / Friday, August 29th, 2014 / Central Coast, Law & Goverment, Small Business, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Cabbies hail help from Sacramento: Bills target Uber, Lyft
Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.
Ventura County Credit Union purchases former Affinity Group HQ
By Staff Report / Monday, August 18th, 2014 / Banking & Finance, Banking Industry, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura County Credit Union purchases former Affinity Group HQ
Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union Read More →
Former Wonder Bread bakery slated for downtown Ventura apartments
By Staff Report / Tuesday, August 5th, 2014 / Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Former Wonder Bread bakery slated for downtown Ventura apartments
A Ventura County investment group has purchased a former Wonder Bread bakery site in downtown Ventura and plans to build a 24-unit luxury apartment complex there. The property at 72 W. Santa Clara St. was sold for just over $1 million, according to Colliers International, which represented both parties in the deal. “City officials Read More →
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.
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.
Historic Ventura hotel changes hands
By Staff Report / Wednesday, July 9th, 2014 / Real Estate, Top Stories, Tri-County Economy, West Ventura County / 1 Comment
Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →