Housing and Development Newsletter
But the Santa Barbara Planning Commission at the last minute tanked the agreement, saying the city needed more financial benefit out of the deal. The two sides are working on new terms of an agreement. In the meantime, there is talk of a hotel replacing Nordstrom and possibly a housing development going inside the old Macy s building.
The pandemic forced hundreds of restaurants and retail businesses to lay off employees. Unemployment applications skyrocketed, and the business community is likely to be reeling from the economic shutdown for years to come.
There was some relative good news in 2020.