By raising the value of nearby properties

Officials Point to Paseo Nuevo as Shining Example of Santa Barbara Redevelopment Agency

canada goose outlet woodbury [Noozhawk note: This is one in a series of articles on Noozhawk Santa Barbara Challenge, our public engagement project on the city of Santa Barbara budget. By raising the value of nearby properties, proponents argued, more tax revenue would canada goose factory outlet be created for the community, which in turn would result in further improvements. canada goose outlet woodbury

canada goose outlet in new york Since 1972, the city of Santa Barbara has had a redevelopment agency overseeing 850 acres of the downtown core and the waterfront. The RDA, which operates off local tax dollars and is financially independent from the rest of the city, is scheduled to expire in 2015. canada goose outlet in new york

canada goose factory outlet Its demise could come much sooner, however, with Gov. Jerry Brown proposal to eliminate the 425 redevelopment agencies currently operating throughout California. canada goose factory outlet

canada goose outlet parka After years of state raids on municipalities property tax revenue, including RDA funds, voters in November passed Proposition 22 to protect the local funding sources. Local leaders have come out on both sides of the debate, arguing that RDAs are necessary for economic development or the funds are often abused with a lack of accountability. canada goose outlet parka

canada goose outlet location Santa Barbara RDA has accumulated incremental tax revenues for capital projects and infrastructure. In 1982, the annual revenues were $2.19 million, but by 2000, more than $10.5 million was coming in each year. The agency net assets were $123.1 million as of June 30, 2010, a decrease of $1.5 million from 2009. canada goose outlet location

canada goose outlet niagara falls Millions of dollars have gone to building affordable housing complexes, parking structures and railroad station improvements to name a few projects and there is a long list of projects to finish before the 2015 deadline. canada goose outlet niagara falls

The RDA biggest canada goose outlet uk project was Paseo Nuevo, the 462,000 square foot canada goose outlet online open air hub of downtown shops and parking structures that was completed in 1990.

Waterfront director John Bridley, who was the assistant director of the RDA for 15 years, remembers the work goose outlet canada that went into making Paseo Nuevo a reality.

canada goose outlet usa Because of the shopping centers built on Upper State Street and planned for Goleta, Santa Barbara decided to pursue one downtown, he said. canada goose outlet usa

buy canada goose uk The RDA spent about $42 million in acquiring the land, compensating businesses that were forced out by eminent domain, demolishing buildings, relocating utilities and building two parking structures. The developer put in about $90 million to build and lease the smaller canada goose outlet retail stores, while the two anchor department stores were practically given the land and paid their canada goose outlet in usa own costs to build the canada goose outlet stores, since they were essential to the center success, Bridley said. buy canada goose uk

canada goose outlet mall Given the scale, the proposed project came with a canada goose outlet store lot of community involvement, including public education, scale models by developers, and approvals by all the design review entities, including the Planning Commission. canada goose outlet mall

canada goose outlet belgium In all, 35 businesses were relocated from 15 parcels, Bridley said. Two others went to trial over the eminent domain question and how much canada goose outlet shop they should be compensated to either relocate or go canada goose outlet uk sale out of business, he said. canada goose outlet belgium

canada goose outlet store new york One building which now houses Folk Mote Music Store at 1035 Santa Barbara St. was literally picked up canada goose outlet new york city and moved to the corner of Figueroa and Santa Barbara streets. canada goose outlet store new york

canada goose outlet near me Paseo Nuevo still has its critics, as it changed the type of retailing that goes on downtown, increased rents and put a lot of mom and pop canada goose outlet nyc shops canada goose outlet black friday out of business. canada goose outlet near me

canada goose sale uk started (with the RDA) in 1981, and what you see today is nothing like what you saw at that time, Bridley said. is vibrant, it is alive, it has spurred private development and it has cleaned up an area canada goose outlet reviews that you could say was blighted, much more so than Upper State Street was at the time. influx of larger chain stores with Marshalls and REI scheduled to open this year on State Street is a testament to the healthy marketplace canada goose outlet parka that Paseo Nuevo created, Bridley said. canada goose sale uk

canada goose outlet edmonton The shopping center is now the city top source of property taxes. canada goose outlet edmonton

canada goose shop uk In 2010, the Paseo Nuevo Association had a taxable net assessed value of $87 million compared to about $78 million in 2001, according to Santa Barbara Comprehensive Annual Financial Reports. The RDA still owns the property and leases it to the canada goose outlet sale PNA, which pays the property taxes. canada goose shop uk

Other large projects to date include parking structures, renovating the Carrillo Street Gym, 102 E. Carrillo St., and Los Ba del Mar Pool, 401 Shoreline Drive; the expansion of Chase Palm Park on East Cabrillo Boulevard; and the Santa Barbara Train Station improvement project at 209 State St.


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