Paseo Nuevo Plan Could Thwart 112-Unit Apartment Project at Former Nordstrom Building

The owners of the Nordstrom building in downtown Santa Barbara have an application to build 112 units of housing in the Paseo Nuevo mall, but the proposal is threatened by the city’s potential deal to redevelop the shopping center.

The Nordstrom project includes 60 one-bedrooms, 23 two-bedrooms, 22 microunits and seven studios. The plan calls for 11 affordable housing units, the amount required by the city’s inclusionary housing ordinance.

“We are excited to be moving forward with our adaptive reuse project of 112 rental apartments at Paseo Nuevo in the former Nordstrom building,” said Stephen Logan, senior vice president of Shopoff Realty Investments. “The exterior design fits beautifully in Santa Barbara, adding more windows, balconies and an atrium.”…

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