Friday, October 22, 2021

Santa Barbara Business News Alt

Santa Barbara Office Conversions Increase

The former Macy's building (now called the Ortega Building, as it takes of most of the first block of West Ortega Street), is being repurposed as Class A office space. The building is undergoing a total makeover, and the...

San Ysidro Pharmacy Gets New Owner

The San Ysidro Pharmacy, a staple of Montecito's Upper Village since 1954, was recently sold to its bookkeeper. The new owner and many local residents were determined to keep...

Empty Stores Continue to Increase at La Cumbre Plaza

More than a third of the stores at La Cumbre Plaza on upper State Street remain empty, as the pandemic has worsened the economic environment for retail stores. Of...

Headlines

Santa Barbara Office Conversions Increase

The former Macy's building (now called the Ortega Building, as it takes of most of the first block of West Ortega Street), is being repurposed as Class A office space. The building is undergoing a total makeover, and the new owners hope to find tenants who will take the...

Local Cannabis Industry Grows

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Fish Enterprise Restaurant to be Converted Into Offices

The Enterprise Fish Company, a long time seafood restaurant at 225 State Street in Santa Barbara that was shuttered by the pandemic, has been sold to new owners who plan to convert the building...

Secret Bao Opens

Secret Bao finally got its own space when it opened last week on Anacapa Street at Anapamu. The popular Asian fusion restaurant has taken over the building formerly occupied by Cafe Ana, and by...

New Restaurant Coming to Amazon Building

When Amazon leased the former Saks Fifth Avenue building on the corner of State and Carrillo, it reserved the space fronting State Street for a future restaurant that would be open to the public....

Santa Barbara Office Conversions Increase

The former Macy's building (now called the Ortega Building, as it takes of most of the first block of West Ortega Street), is being repurposed as Class A office space. The building is undergoing a total makeover, and the new owners hope to find...

Fish Enterprise Restaurant to be Converted Into Offices

The Enterprise Fish Company, a long time seafood restaurant at 225 State Street in Santa Barbara that was shuttered by the pandemic, has been sold to new owners who plan to convert the building into office space. Lorem ipsum dolor sit amet, consectetur adipiscing elit,...

Local Industries

City Tax Revenues Decline

The City of Santa Barbara received $5.6 million in sales tax revenue during the quarter ended December 31, 2020, which is 12.6% below the same quarter last year. This decline is largely a result of reduced economic activity due to the COVID-19 pandemic and...

Four Seasons Biltmore Closed Indefinitely

One of Montecito's five-star hotel resorts has announced on its website that it will remain closed until further notice. Meaning, while they're not going out of business they don't know when they will open. The hotel has been using the reductions in travel and...

Santa Barbara County Avocado Farmers Lead Nation

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Local Cannabis Industry Grows

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Tincidunt praesent semper feugiat nibh. Tristique nulla aliquet enim tortor at auctor urna. Eu facilisis sed odio morbi quis commodo odio aenean. Id faucibus nisl...

California Announces Four Rounds of Funding For Small Businesses

California’s Office of the Small Business Advocate (CalOSBA), part of the Governor’s Office of Business and Economic Development (GO-Biz), announced today, March 3, four new funding rounds for the California Small Business COVID-19 Relief Grant Program following Governor Gavin...

Re-start Loans Available for Goleta Businesses

Goleta-based businesses are encouraged to apply for ReStart Loans up $25,000 each to provide support during the COVID-19 pandemic. The City of Goleta contributed $200,000 to support the small business loan program administered by Women's Economic Venture (WEV). Goleta ReStart...

California Announces Four Rounds of Funding For Small Businesses

California’s Office of the Small Business Advocate (CalOSBA), part of the Governor’s Office of Business and Economic Development (GO-Biz), announced today, March 3, four new funding rounds for the California Small Business COVID-19 Relief Grant Program following Governor Gavin Newsom signing into law a...

Downtown Garage Construction Resumes, Residents Unhappy

After a long delay due to COVID-19, workers have begun construction at City Center parking garage once again. The structure is estimated to cost nearly 20 million dollars and will have paid parking places available for drivers in the city. The project remains controversial...

Mudslide Clears Out Vacant Development Project

A mudslide occurred late Sunday night after a series of heavy rain storms in the region. The disaster site was a construction area for a housing development project. The construction crew had already finished work for the day, so no one was injured during...

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Employment News

Unemployment in Santa Barbara County Continues to Decline

According to the Federal Reserve, the unemployment rate 9not seasonally adjusted) for Santa Barbara County dropped to 5.8% as of early November 2020. However, this was just before the number of Covid cases in the area spiked after the...