SANTA BARBARA, Calif. – The Taco Bell at 821 N. Milpas St. in Santa Barbara did not qualify for a Structure of Merit or a place in the Historic Resources Inventory during a recent review.

Part of the magic, according to Taco Bell CEO Sean Tresvant, is the chain’s focus on value, notably its “Luxe Cravings Box,” which has expanded to multiple price points ranging $5 to $9 ...