Daily Business Report — June 30, 2010
San Diego Gets High-Tech Jobs Boost The Governor’s Office of Economic Development has designated San Diego as an official “Innovation Hub” (iHUB) to help spur high-paying technology jobs in the region. The announcement was made Tuesday at the Scripps Translational Science Institute in La Jolla. The iHUB initiative is designed to spark economic recovery and [...]
Daily Business Report — June 29, 2010
Downtown Library Plan Moves Forward The San Diego City Council voted Monday to move forward on a project to build a new Downtown Library. Mayor Sanders said the city now will start planning for groundbreaking sometime this summer. He warned, however, that the San Diego Public Library Foundation must still raise an additional $32 million [...]
Daily Business Report — June 28, 2010
More Funds Committed for New Downtown Library More than 81 percent of the funding needed for construction of a new central library Downtown has been raised toward the project’s $184.9 million guaranteed maximum price. The City Council is scheduled to vote on approval of the library today. Mayor Jerry Sanders announced donors of more than $30.8 [...]
Daily Business Report — June 25, 2010
Mayor Unveils Civic Center Construction Plan Mayor Sanders is proposing construction of a new Civic Center that would cost no more than $293.5 million and save taxpayers $24 million over 10 years and $232 million over 50 years if the city redevelops the site instead of leasing expensive offsite office space. Sanders announced his proposal [...]
Daily Business Report — June 24, 2010
Conference Focuses on Clean Energy Industry Clean energy start-up companies are attracting increased interest and investments from venture capital groups that placed nearly $2 billion into environmentally friendly firms and increased the pace with another $773 million during the first quarter. Clean energy business owners and industry professionals will learn more about the increasing investor [...]
Daily Business Report — June 23, 2010
Superintendent Chosen for San Diego Unified School District Bill Kowba, a retired Navy admiral who has been serving as interim superintendent of the San Diego Unified School District since last September, has been selected by the Board of Education to fill the position on a permanent basis. One of three finalists for the job, Kowba [...]
Daily Business Report — June 22, 2010
Drastic Cuts Made in Community College Course Offerings Close to 5,000 students have been left on the waiting list for summer enrollment in the Grossmont-Cuyamaca Community College District because of a 50 percent cutback in summer offerings, district officials announced. The cutbacks were made necessary because of the state budget crisis and were made despite [...]
Daily Business Report — June 21, 2010
County Unemployment Rate Dips The San Diego County unemployment rate in May was 10.0 percent, a slight decline from April’s 10.4 percent and above the year-ago estimate of 9.3 percent, the state Employment Development Department reported. Employment was up by 8,600 jobs over the month, but down 12,900 over the year. The jobless rate for [...]
Daily Business Report — June 18, 2010
SDG&E Asks for Relocation of Chula Vista Power Plant San Diego Gas & Electric is asking the California Public Utilities Commission for permission to relocate its South Bay power plant in Chula Vista to open up public access to the waterfront and help advance waterfront redevelopment. The utility is seeking to move the plant to [...]
Daily Business Report — June 17, 2010
Convention Center Corporation Revs Up Expansion Plans The San Diego Convention Center Corp. (SDCCC) has started the ball rolling on expanding the San Diego Convention Center. It has officially launched a search for an architectural team to provide a design for the center expansion. “The chosen team will ultimately design the expansion for one of [...]
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