Goleta to Purchase City Hall Building

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Goleta to Purchase City Hall Building
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Source: City of Goleta

City Hall is in the final stretch of securing a permanent home. The City is in escrow to buy the entire two-story building where we are currently renting at 130 Cremona Drive. Once the transaction is complete, the City will acquire a portion of an existing 5.3 acre parcel. That portion of land will become its own 2.3 acre parcel as a result of the transaction and include the two-story building which is approximately 39,718 square feet.

The City currently occupies about 66% of that space and will be undergoing a space needs analysis to determine how to best use the additional 13,323 square feet. Future plans for the building will include the installation of an elevator. The purchase price under the original agreement was $11,515,400, however the actual purchase price will be slightly less at about $11,476,700 as a result of a property condition credit to the City.

The acquisition will put the City in the position of owning a sizable asset as an owner rather than the obligation of lease payments owed to a private property owner as a tenant. The cost of purchasing versus leasing is estimated to save the City about $64,000 in the first year and the savings would continue to increase in the future. While there are a few details that need to be ironed out, escrow is expected to close by November 15, 2019. We will keep you posted and hope to officially announce 130 Cremona Drive as our permanent home soon.

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EastBeach Oct 03, 2019 07:53 PM
Goleta to Purchase City Hall Building

I used to work in that building when Cadence Design Systems was the tenant. Good times. I seem to recall the building next door that shared our parking lot was owned by Michael Towbes (great Fiesta parties). Not sure if Towbes has any part in 130 Cremona.

a-1582978712 Oct 04, 2019 08:35 AM
Goleta to Purchase City Hall Building

Pretty sure the building behind this one is the building which is now Curvature. Back then it was Circon Corporation. It was run by Richard Auhll. He worked for one of the defense companies on Hollister and bought the low profiting division he was managing from them. Circuit Connectors. He totally switched direction and refocused the company on video systems for the then up-and-coming minimally invasive surgery boom. Cameras were big boxes back then and were hung over the operative table. Today they're held in your hand and "oscopy" is all the rage. When that building was built, it was a must for him to have the Santa Barbara, red-tile architectural design which he loved. Tons of loop holes were jumped to get that building built including road improvements. All the marketing literature back then referenced only Santa Barbara and the zip code 93101. A truly eccentric man with a party lifestyle, his home overlooking the harbor from TV Hill was famous for his invite-only, off-the-hook Fiesta and Christmas parties. Company was sadly dissolved into a subsidiary and sent east (ACMI now Gyrus) after years of attack from corporate raiders and wall street financialization tactics. Good times.

Bodyboarder73 Oct 03, 2019 05:42 PM
Goleta to Purchase City Hall Building

It was a incentive program that cities often use to help business owners improve their storefronts by matching up to 50% of the upgrades I believe.

Bodyboarder73 Oct 03, 2019 05:08 PM
Goleta to Purchase City Hall Building

Yes, good point. I just was making a point to remind them about their talks over a decade ago to help spruce up the store fronts and nothing ever happened.

a-1582978712 Oct 03, 2019 05:33 PM
Goleta to Purchase City Hall Building

If I'm not mistaken aren't storefronts private property? Since when does the City, or any city for that matter, renovate or bump up curb appeal for land owners?

a-1582978712 Oct 03, 2019 09:27 PM
Goleta to Purchase City Hall Building

Old town has a lot of potential. But Goleta isn’t focused on revitalizing anything existing. It would rather build new styrofoam-corbel-and-mish-mashed-stone big box post modern malls with giant parking lots at their core then engage with anything existing.

a-1582978712 Oct 03, 2019 04:09 PM
Goleta to Purchase City Hall Building

Bodyboarder - a dump? Well, it may have older, grungier buildings than downtown SB, but at least it's not covered in and stinking of human feces, urine, rats and aggressive, intoxicated panhandlers...

Factotum Oct 03, 2019 03:17 PM
Goleta to Purchase City Hall Building

Remember when Goleta felt like a neglected child within the family of county-run administration and wanted to do things their way? Goleta city hood was passed - time to revisit the promises and expectations made at that time.

PitMix Oct 03, 2019 02:39 PM
Goleta to Purchase City Hall Building

They pay great salaries and buy buildings, they must be raking in $ from the new stores and hotels. Lucky for them!

monkeyboy Oct 03, 2019 01:18 PM
Goleta to Purchase City Hall Building

Completely appropriate building for a city that allows nearly uncontrolled building of the blandest, most mismatched architectures. Right next door is a beautiful spanish style office building that they had multiple chances to rent and remained in their generic cube farm.

a-1582978712 Oct 03, 2019 09:21 PM
Goleta to Purchase City Hall Building

I could not agree more. I am not even at all opposed to Goleta’s pro-growth model. I just don’t understand why everything has to be so ugly... the shopping center across from Costco has to be my least favorite of all. A total PoMo nightmare that looks like it was imported from the inland empire... or some suburban nowhere hell hole... Growth can go hand in hand with a master plan and dedication to design. It adds value long term. I don’t get it...

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