Daily Business Report — Aug. 31, 2011
New Hillcrest DMV Office to Share Space With Condos and Retail Plans are under way to construct a new and larger Department of Motor Vehicles office in Hillcrest along with rental housing and commercial/retail space at the same Normal Street site. Under legislation sponsored by state Sen. Christine Kehoe, the state would partner with developer [...]
Daily Business Report — Aug. 30, 2011
Director Selected for Downtown Clean & Safe Program Ryan Loofbourrow, recently the director of community services for the Downtown Sacramento Partnership for 14 years, has stepped into a new position with the Downtown San Diego Partnership — director of the Clean & Safe Program. The San Diego program was established in 2000 to improve the [...]
Daily Business Report — Aug. 29, 2011
Coronado First Bank Shareholders Approve Merger Shareholders of Coronado First Bank have approved a merger with Embarcadero Bank. The merger is expected to close in the third or fourth quarter. About 63.81 percent of Coronado Bank’s outstanding common stock voted. Of those, more than 99 percent voted to approve the merger. The bank will be [...]
San Diego City Council Redistricting
New City Council Districts Finalized After months of public hearings and controversies, the city of San Diego’s Redistricting Commission has approved a new map for City Council districts. The final product from the commission represents a radical change from the current boundaries because a ninth district was squeezed in — the result of the 2010 [...]
Daily Business Report — Aug. 26, 2011
SAIC Receives $20 Million Airport Security Contract Science Applications International Corp. has been awarded a $20 million contract to provide security systems for San Diego International Airport. The contract was awarded by the San Diego County Regional Airport Authority. Under the contract, SAIC will provide design-build services for security, network and building and maintenance management [...]
Daily Business Report — Aug. 25, 2011
County’s Agricultural Crop Value Climbs The overall value of agriculture in 2010 for San Diego County came in at $1.652 billion despite a slight decrease in the amount of acreage used for crops, higher water costs and the slow economy. That’s according to a report released this week by the County Department of Agriculture, Weights [...]
Daily Business Report — Aug. 23, 2011
Luxury Home Values Decline Luxury home values declined in San Diego in the second quarter of this year compared to the first quarter, according to First Republic Bank’s Prestige Home Index. Luxury home prices rose in Los Angeles and San Francisco, by comparison. In San Diego, prices continued a downward trend. On a year-over-year basis, [...]
Daily Business Report — Aug. 24, 2011
Century Club to Donate $1.36 Million to Charities The Century Club of San Diego, host of the PGA Tour’s Farmers Insurance Open, is to announce the contribution of $1.36 million to nearly 200 San Diego area charities at a noon luncheon today at the Town & Country Resort and Convention Center. Recipients from the 2011 [...]
Daily Business Report — Aug. 22, 2011
Redistricting Commission Meets The San Diego Redistricting Commission has voted to hold an additional meeting at 2 p.m. today to continue discussion on the final boundaries for San Diego City Council districts. It will be held in City Council Chambers on the 12th floor of City Hall, 202 C St. Downtown. The commission is still [...]
Daily Business Report — Aug. 19, 2011
Downtown Tower Sold to Forester Properties Forester Properties Inc. has purchased 110 Plaza, the first Downtown high-rise to change hands since the DiamondView Tower was sold in 2008. The 325,977-square-foot, 18-story building, located at 110 West A St., is 90 percent leased. Features include recently upgraded common areas, 24- hour security, on-site property management by [...]
SD Metro is also available now on the i-pad! Just click on this link to download to your ibooks!
