development

A majority of Paso Robles city council members gave the green light this week to one of the largest housing developments ever planned in the city. The project—the Beechwood Specific Plan—has been on the city's radar for the past 17 years.

As the effects of COVID-19 are felt around the world, the real estate and development industry are being impacted in different ways. Interest rates are at a historic low, yet fewer homes are on the market

Join Fred Munroe as he speaks with experts from the Central Coast housing and real estate industry—Chris Richardson, president of Richardson Properties; Mary Trudeau, SLO division manager at the Mortgage House; and Lindy Hatcher, executive director of the Home Builders Association on the Central Coast—as they discuss how the global pandemic could reshape the U.S. real estate industry.

Katie Davis

Three projects aimed at expanding oil drilling in Santa Barbara County's Cat Canyon Oil Field were under consideration just three months ago. Today, only one remains.

Flickr/Håkan Dahlström

As part of a plan to increase affordable housing, this week San Luis Obispo County officials took some first steps: passing higher development fees on some new homes and streamlining the environmental permitting process in an effort to get homes built faster. Not everyone was happy about it, but did agree the county needs more housing stock. 

U.S. Department of Energy

A public comment period ends Monday night at midnight on plans to lease areas off California’s coast to wind energy development. Proposed for areas of the ocean roughly 20 to 30 miles offshore, the wind farms would consist of dozens of connected floating turbines generating electricity, conveyed to shore—and the energy grid—via a seafloor cable.

Greta Mart/KCBX

On Tuesday evening, city officials in San Luis Obispo approved the proposed San Luis Ranch housing development. The city council voted unanimously in favor of the project, which calls for the phased construction of 580 homes, as well as commercial and office space and a 200-room hotel. The building site is 130 acres adjacent to Highway 101 between the Madonna Road and Los Osos Valley Road exits.

A Central Coast city on the verge of insolvency last fall, now has a much brighter future according to those in charge.

A major housing development broke ground Wednesday in the City of Guadalupe. When finished, it could boost the city's population from roughly 7100 to above the 10,000 mark.

The total development is on more than 200 acres and will include 800 homes and will be built in stages over 10 to 15 years.