Downtown Santa Barbara Apartments
REthink is in the process of seeking approvals for a this 36-unit apartment project in the heart of Santa Barbara, CA. An exquisite, small city on the coast of Southern California commonly known as The American Riviera, the Santa Barbara market has a very high barrier to entry and is in desperate need of more attainable housing options. Located within walking distance of the Funk Zone, State Street and downtown employers, the project will be ideal for renters that choose to live without a car. This new development features higher-density 2BR and 3BR units to fill the constant unmet demand for more attainable housing in downtown Santa Barbara. Of the 36 units, 30 will be market-rate, 4 very-low income and 2 moderate-income. Final approval is expected to be in hand by fall, 2022.