Business

Faces of Silicon Beach: Kevin Simpson

Kevin Simpson joined commercial real estate brokerage, rsf LA at its inception. Kevin represents both Landlords and Tenants, tech startups, institutional investors, and everything in-between. Erik Huberman, CEO of Hawke Media, talks to Kevin about rsf LA, being an entrepreneur and Santa Monica. Erik Huberman: How did you become an... Read more →

Business

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Twitter opening office in Santa Monica

PICO BLVD — Twitter, the short-form social networking service, is opening an office on Pico Boulevard at Main Street. City Hall issued the company a business license for 150 Pico Blvd. back in June. It lists the company's start date as Aug. 1. The business type is listed as “Sales Marketing And Engineering.” "Not sharing anything... Read more →

Business

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Tech survey targets Silicon Beach

If you're reading this story online, chances are the City wants you to participate in their new outreach survey. Santa Monica has launched an online questionnaire targeted at workers in the technology industry, locally known as Silicon Beach. According to Jennifer Taylor, Economic Development Administrator for the City of Santa Monica, the... Read more →

Business

Council aims to fight gentrification

CITY HALL - City Council implemented what one member called “a temporary restraining order” on large residential development in two neighborhoods last week. As the Planning Commission grapples with a controversial project in the Pico Neighborhood that, if approved, could replace 15 rent controlled units with 21 new apartments, council... Read more →

Business

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Village Trailer Park replacement project chugging along

MID-CITY - The project set to controversially replace a 109-space trailer park is slowly gaining approval from city officials. The Architectural Review Board (ARB) — in this case the last stop in City Hall's development agreement process - asked developers to refine their plans for the Village Trailer Park land a second time but noted that... Read more →

Business

The Cottage is restored, open for business

OCEAN AVENUE — After years of red tape, Santa Monica’s last remaining beach-facing cottage can be enjoyed by moneyed visitors. The historic yellow cottage at 2219 Ocean Ave. took on its first short-term rental earlier this summer. The owners have another renter lined-up for later this year. They are asking $3,500 per night for the... Read more →

Business

Council to consider extending private beach leases

THE BEACH - City Council is considering changes to a lease agreement with a private beach club that could result in an increase of about $330,000 per year paid to Santa Monica. When the Beach Club first leased sand from City Hall in 1990 they were paying about two cents per square foot annually. This time around, with City Council's... Read more →

Business

Faces of Silicon Beach: Chris Brereton

Chris Brereton Erik Huberman: E: What made you decide to be an entrepreneur? What about your childhood, your upbringing, anything? • Chris Brereton: I’ve always been just sort of independent anyway and, oh, I grew up playing in a rock and roll band as the lead singer and basically managed the band and learned a lot about business... Read more →

Business

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Renters could pay less, landlords more

CITY HALL - City Council will consider green-lighting a ballot measure that would allow the Rent Control Board to increase costs for landlords and decrease fees for renters. If approved by council and then by voters in November, registration fees for rent-controlled apartments could shoot up to $288 per unit annually, from $175 last year.... Read more →

Business

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Planning Commission to consider Fred Segal plot

City Hall — Just weeks after the Planning Commission considered developments on plots of land previously occupied by Norms and currently occupied by Denny's, they'll take a look at a seven-story development slated for the land where Fred Segal sits. The applicant, DK Broadway LLC, hopes to knock down the building that was for years filled... Read more →

Business

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Faces of Silicon Beach: Adam Koral

Adam Koral Erik Huberman: So to start just tell us about what got you to be an entrepreneur? What was your inspiration to go and do your own thing? • Adam Koral: Alright well the inspiration to become an entrepreneur basically because I really didn’t know …. I knew what I was good at. My skill set was having people enjoy... Read more →

Business

MINI dealership on the table Tuesday

CITY HALL — City Council will consider approving a MINI dealership on the corner of Santa Monica Boulevard at 14th Street. The 33,400-square-foot, 35-foot-tall building would replace a vacant lot that was once a gas station. The dealership would also include a 500-square-foot café, 21 services bays, 6,000 square feet of sales floor... Read more →