Hardware CASITAS PLAZA CARPINTERIA 1024 CASITAS PASS RD • 684-2100
$5 OFF
yOuR PuRChASe Of $10 OR mORe
WITh ThIS AD - DeC. 6, 7, 8 Only exCluDeS SAle ITemS. nOT vAlID WITh OTheR OffeRS. lImITeD TO STOCk On hAnD. lImIT One COuPOn PeR CuSTOmeR.
CKE changes hands again
Carpinteria-based CKE Inc., parent company to Carl’s Junior, Hardees and Green Burrito restaurants, was recently acquired by Roark Capital Group, which counts restaurants Arby’s and Cinnabon in its portfolio of 29 companies. CKE senior management will retain its minority interest in the company, which was last acquired three years ago by Apollo Global Management, LLC. “Roark is thrilled to partner with CKE’s A-plus management team led by Andy Puzder, and be associated with these differentiated brands and their engaged and successful franchisees and employees,” commented Neal Aronson, Roark’s Managing Partner. The deal, scheduled to close in the fourth quarter of 2013, values CKE at between $1.65 and $1.75 billion and is subject to regulatory approvals and closing conditions. CKE has 3,400 restaurants in 42 states and 29 countries and U.S. territories worldwide, generating approximately $3.9 billion in revenues, according to a company press release. Atlanta-based Roark has invested in other restaurants including Miller’s Ale House, Corner Bakery and McAlister’s Deli. Apollo paid $693 million for CKE in 2010. CKE CEO Puzder has repeatedly made public statements that an unfriendly business climate in California could drive the company to move its headquarters elsewhere, likely Texas. CKE’s lease at its 6307 Carpinteria Ave. location is up in 2015. No information released with the current deal has indicated changes for the Carpinteria headquarters or staff.
SHIRLEY KIMBERLIN Everything I list turns to SOLD! 805-886-0228 skimberlin@aol.com
This week’s listings on the back page
A tree-mendous effort
EvELyN CERvANTES
Christmas cheer and kiddo camaraderie abounded on the corner of Carpinteria and Holly avenues Nov. 30. Pictured, Sebastian Campus joins his fellow boy scouts as they unload hundreds of evergreens for the Christmas Tree Lot that serves as the local boy scout program’s major annual fundraiser. This year, the lot moved down the street from its decadesold location under the Wardholme Torrey Pine. Hours of operation are noon to 8:30 p.m. on weekdays and 9 a.m. to 9 p.m. on weekends.
“Gateway to Downtown T” property gets green lighted for build By PETEr DuGré
An empty lot at the corner of Carpinteria and Holly avenues may soon sprout a two story mixed-use building after a unanimous City of Carpinteria Planning Commission approved construction plans on Dec. 2. City staff referred to the lot, situated two blocks west of Linden Avenue at 4819 Carpinteria Ave., as a “gateway to the Downtown T,” and had recommended that planning commissioners approve designs, which include retail, office and residential uses, based on consistency with other construction in the city’s central commercial district. In recommending approval of the property, city planner Nick Bobroff said construction at the site would “jumpstart that area of Carpinteria Avenue” and make it “a little more downtown like Linden Avenue,” a primary goal for that area. The Planning Commission, which was without Commissioner Glenn La Fevers, discussed concerns about parking at the site and potential for soil or groundwater contamination caused by possible remnants from the location’s previous incarnation as a gas station and auto repair shop until the mid 1990s. Remedia-
PLANNING continued on page 6 DRE#01372868
MARKETING MATTERS BROADCAST TV STATION, 2ND UNIT PRODUCTION FACILITY INCOME, ASSETS & REAL ESTATE-TURN KEY (NV) NEAR (CA)
BURNELL, BRANCH & PESTER ARCHITECTURE
The mixed-used project approved for the corner of Holly and Carpinteria avenues includes upstairs offices and living spaces and downstairs retail.
Turning Your Dreams into an Address
Maria Nova Seascape Realty
“Selling Real Estate with Aloha” Eco-Broker • Realtor® • www.gotmaria.com • 805.450.4712