5 Major Development projects proposed or Approved. in Montecito area. 1) 700 Irwin st - 18 stories at the corner of the Irwin st Off-ramp and 2nd St. 2) 930 Irwin st. - at the Corner of 4th and Irwin st. - Demo completed 3) 519 4th St. - halfway between Irwin and Grand - Pre-De 4) Corner of 4th and Grand. 5) Aldersly Retirement Village - Mission street. APPROVED - First Phase complete and opened. For more details - see our latest monthly newsletter: Click here to see the news