WEATHER »

Wells Fargo to Open on Milpas


The Blockbuster building on Milpas Street will be home to Wells Fargo’s fourth Santa Barbara city branch in 2015. The new branch not only adds a bank to the Eastside but promises to bring 6-10 new banker and teller positions. Interior and exterior renovations have already begun on the 2,600 square-foot commercial building.

Pamela Scott, broker to the commercial deal, said of the many parties interested in the location, “The leasing market is very good at this time for free-standing buildings located on a corner with onsite parking.” While a rumor buzzed that Starbucks would take the prime location — which would also have been a Milpas first — Wells Fargo sealed the deal: “They have been looking in the area since 2009, and this building was the ideal fit,” Scott said.

Wells Fargo plans to renovate the branch with Leadership in Energy and Environmental Design (LEED) certification in mind, a goal for 30 percent of the corporation’s real estate. Reconstruction will use sustainable siting and structure design; energy, water, and material efficiency; and reduce waste.

To submit a comment on this article, email letters@independent.com or visit our Facebook page. To submit information to a reporter, email tips@independent.com.



event calendar sponsored by:

Volunteers in Policing Is Looking for 10 Good Men and Women

An eye-opening volunteer program at Santa Barbara Police Department.

Alvarado and Ford File for School Board

Mark M. Alvarado and Kate Ford registered to run for the Santa Barbara Unified school board.

Thousands Received DACA Relief After Lawsuits Filed

Renewal applications have totaled 117,446 since program suspension was overturned.

Bank Robbery Suspect Kills Self in Bathroom

[Update] The suspect in the Goleta Rabobank robbery has been identified as Keith David Goodwin, believed to ...

News-Press’ Found to Owe Union and Employees $2.2 Million

National Labor Relations Board puts money amount on employee losses since 2006.