Paseo Nuevo redevelopment vote paves the way for housing, affordable housing and more | News Channel 3-12

Paseo Nuevo Deal Gets Early Approval from Santa Barbara City Council

The post Paseo Nuevo Deal Gets Early Approval from Santa Barbara City Council appeared first on The Santa Barbara Independent.

Santa Barbara leaders aim to transform downtown. What's next for Paseo Nuevo?

The redevelopment of the Paseo Nuevo shopping mall is on the table again as Santa Barbara city leaders aim to transform the downtown area into a retail and residential hub through negotiations with mall owner Alliance Bernstein.At Tuesday's city council meeting, residents were divided on future plans for Paseo Nuevo.Michael Ewing, a former retail developer, is looking forward to the change."I think it's a great idea to bring residential here and…

Santa Barbara Council Takes First Steps Toward Transformed Paseo Nuevo

Let the negotiations begin. The City of Santa Barbara and AB Commercial, the owner of Paseo Nuevo mall, can now formally begin talks to decide the fate of the city’s downtown shopping center after the City Council’s formal action Tuesday to begin negotiations for a development agreement. The owners of the mall want to demolish the former Macy’s building and build 233 market-rate apartments in its place, and another 80 below-market-rate apartment…

Paseo Nuevo redevelopment vote paves the way for housing, affordable housing and more | News Channel 3-12

SANTA BARBARA, Calif.-The Santa Barbara City Council received an update on the Paseo Nuevo redevelopment project today. The proposal would add housing to the shopping area. The city council unanimously voted in favor of the staff's recommendation to amend the project description in the agreement between the city and Paseo Propco LLC. The council also voted in favor of a resolution declaring a city-owned parcel, that is currently a parking lot, t…