SANTA BARBARA, CA: Mesa Lane Partners commences construction of The LOOP student housing development in Santa Barbara, CA after securing $11 million in senior financing from Bank of the West and an additional $1.5 million from Santa Barbara County’s Redevelopment Agency. This 44,994 square foot development will introduce 48 residential units, 140 student beds, and 8,000 square feet of commercial space to a prominent corner of downtown Isla Vista, the student residential community adjacent to the University of California, Santa Barbara. “This project is a game changer for UC Santa Barbara and the building industry as a whole,” explains Neil Dipaola of Mesa Lane Partners, the project’s developer. “From the numerous resident amenities to the introduction of cutting-edge green technology, every aspect of the building is designed to be mindful of the resident experience and respectful of the local and global environment.”
For full article, click here.
No comments:
Post a Comment