SANTA BARBARA, CA: Isla Vista, the run-down student community neighboring the University of California, Santa Barbara, is in the midst of a long-awaited facelift and now the first private development project under that revitalization effort is gearing up to break ground. Santa Barbara's Mesa Lane Partners, a development firm that focuses on green and sustainable projects, plans to begin building this year on an ambitious, 31,500-square-foot project in the heart of Isla Vista's downtown. The Loop, as the project is called, is slated to be the first completely privately funded, mixed-use project to open under the unincorporated city's new master plan.
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