The Paseo Nuevo mall's $20M remodel is now 75% complete. The fate of the Macy's building, now the "Ortega Building", is still to be determined, however the mall operators have released the results of their survey for what uses residents would like to see at the property. A high-end movie theater in the second and third story of the property is rumored to be at the top of the list but nothing is finalized. The lower blocks of State Street have been very active in recent month
Santa Barbara's waterfront has seen a lot of change lately! "Leadbetter" should open soon next door to Oku on Cabrillo Boulevard and plans to serve Stumptown coffee, craft beer, breakfast, lunch and dinner. La Sirena is under construction at the Cabrillo Bath House at East Beach and hopes to be open by summer - beach volleyball players rejoice! Lastly, Tre Lune's waterfront restaurant, Due Lune Cucina, has closed its doors at 1 State Street. In other restaurant news, Paradise
As always, a flurry (get it?) of restaurant openings and closings have occurred over the past month. Flor de Maiz, Carlos Luna of Los Agaves’ newest venture, opened next door to Oku on Cabrillo Blvd in the former El Torito building. Breakfast Culture Club, the hip coffee shop and art gallery has a new owner and will open again soon – the owner may or may not be related to the new Mesa Taproom, Lighthouse Coffee, Mesa Burger, etc, etc, etc. Yume Sushi took over the Bar29 locat
Over $90 million in sales closed on just 3 streets within 3 miles of each other in Goleta in the first two weeks of December.. The Appfolio campus at 50, 70 & 90 Castilian sold for over $40 million, 301 Mentor sold for over $20 million, and 125 & 175 Cremona sold to the same investor for close to $25 million. That brings the 2019 total sold in Goleta to over $200 million which is more than double 2018 and 55% more than the next highest year since we began keeping stats!.