Daily Business Report-June 17, 2016
The new Alpine Library is more than four times the size of the previous facility.
New Alpine Library is County’s
First Net Zero Energy Building
Construction has been completed on the $10 million Alpine Library, the county’s first first net zero energy building. C.W. Driver Companies was the contractor.
Located at 1752 Alpine Blvd., the 12,700-square-foot, design-build library is more than four times the size of the previous facility. The new library will provide access to a large collection of educational resources, in addition to hosting a variety of community events and learning services. The space will also act as a safety zone for residents of the rural community during emergencies.
“Alpine Library marks the third facility in which C.W. Driver, Ferguson Pape Baldwin Architects and Manuel Oncina Architects have partnered with us to provide innovative and award-winning libraries to our residents,” said
José A. Aponte, director of the library.
Goals for the construction of Alpine Library included achieving zero net energy consumption — meaning the total amount of energy used by the building on an annual basis is equal to or less than the amount of renewable energy created on the site — as well as attaining LEED Gold certification and Living Building status. These were accomplished through the design and construction of several sustainable components, including a heating and cooling system powered by the sun through a photovoltaic panel roof system, sensor-controlled lighting and highly efficient variable refrigerant flow mechanical systems in order to appropriately match occupancy and usage needs and the strategic placement of glazed openings to minimize solar heat gain.
the C.W. Driver project management team included Andy Feth, project director; Matt Christensen, project manager; Will House, superintendent; Catalino Rombaoa, senior estimator; and Caryl Anne Vrendenburg, senior project planner.
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Microlender Accion Receives $250,000
To Support Small Business Owners
San Diego nonprofit microlender Accion has received a $250,000 investment from Pacific Western Bank for small business owners.
The funds were provided at zero percent interest over a five-year term to underserved small business owners in Southern California, increasing these business owners’ access to capital.
“Our mission is to provide businesses with access to capital and the support they need to start or grow their businesses, serving as a true partner in enabling them to create powerful positive social and economic change,” said Accion CEO Elizabeth Schott. “These funds will be essential in supporting our clients that wouldn’t otherwise be able to get the much-needed funding for their business.”
Pacific Western also provided a $15,000 grant to Accion. The funds will help Accion deploy the investment dollars, directly to underserved business owners across Southern California.
This fund has been used to help borrowers like Lisa Carroll.
Lisa began working as an accountant nearly 20 years ago after receiving an accounting degree. She worked for some time at a CPA firm, but decided to start her own business in 2001 to allow for a flexible schedule to care for her son. Lisa started Number Crunching Inc., a home-based bookkeeping business providing accounting services other small business. Currently, Lisa has about 50 clients, and demand is continuing to grow.
In order to serve more clients, Lisa was in need of equipment upgrades for increased storage capacity and online security to handle sensitive client information. Accion was able to approve Lisa for a $10,000 loan for equipment upgrades to grow her clientele base.
“I was able to receive the capital I needed to take my business to the next level,” said Lisa. “Thanks to Accion I was able to hire two subcontractors, so that I can service more clients and grow the revenue for my business.”
The COIN CDFI tax credit program provides tax credits to investors and helps CDFIs raise funds for projects that create social and environmental benefit in California. Without the COIN CDFI Tax Credit program, many of these community development projects would not be funded.
Each year the Department of Insurance may award up to $10 million in tax credits to support $50 million in capital from insurance companies and other investors for community development. Investors earn a tax credit worth 20 percent of their investment.
This capital helps CDFIs create jobs, build affordable housing and fund other projects that improve the quality of life in communities and neighborhoods throughout the state. To see the full list of organizations awarded, click here.
Realtors Group to Hold Forums on Forms
The Pacific Southwest Association of Realtors will present “Forum on Forms,” a June 27 and July 1 program for Realtors on new changes in forms effective July 1 from the California Association of Realtors (CAR).
Two sessions will be held from 9 to 10 a.m., Monday, June 27 at the PSAR South County Service Center, 880 Canarios Court, Chula Vista, and from 1 to 2 p.m. on Friday, July 1 at the PSAR East County Service Center, 1150 Broadway, El Cajon.
Speaker will be PSAR member and broker Nikki Coppa, 2016 chair of CAR’s Standard Forms Advisory Committee. Cost to attend is free to PSAR members, $20 for nonmembers. For more information, call PSAR at (619) 421-7811, or visit www.psar.org/formsnew.
Listen to Our Veterans Project
The Listen to Our Veterans Project, a first-of-its-kind digital listening campaign, is designed to quickly give veterans and interested citizens the opportunity to share their feedback on the various veteran programs/services available. The entire process can take less than a minute.
Click here.
The Listen to Our Veterans project was established by a group of veterans, media, business and technology organizations with the goal of providing veterans and other interested parties an easy way to share their experiences and opinions, and ultimately aggregate that feedback into large-scale usable insights that can be sed for good.
The project is brought to you by Donovan’s Steak and Chop House, NBC7 in San Diego and HundredX’s Expressit.
Your responses will provide stories and valuable data on the effectiveness of current programs supporting our veterans today. Thanks for taking the time to participate in this important initiative.
Kashi Expands Recall: Honey Pecan
Baklava Bar, Some Bear Naked Products
By City News Service
Kashi Co. of Solana Beach has expanded a previously announced recall of certain granola products Wednesday because of a possible Listeria contamination in sunflower seeds.
The voluntary recall, first announced May 31, adds some Kashi granola bar and Bear Naked products to the recall.
The maker of breakfast foods and snacks said it took the action because sunflower seeds distributed by supplier SunOpta are potentially contaminated with Listeria monocytogenes, which can cause serious and sometimes fatal infections in young children, frail or elderly people and others with weakened immune systems.
No illnesses linked to the products have been confirmed, according to the company.
The products added to the recall are:
• Kashi GoLean Honey Pecan Baklava Bars, 5-count with a UPC code of 18627 10474, and “Best If Used Before” dates of July 21, Aug. 7, Sept. 13, Sept. 22 and Oct. 20, all in 2016.
• Bear Naked Soft Baked Granola, Cinnamon + Sunflower Butter, 11 ounce pouch with a UPC code of 84623 10163, and use by dates of Aug. 13, 2016 to Jan. 11, 2017.
The recall only affect products with certain UPC codes and best used-by dates, which can be found online.
Most healthy people who contract Listeria suffer high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea for short periods of time, but infection can cause miscarriages and stillbirths among pregnant women, according to Kashi.
Kashi said customers who have purchased recalled products should discard them and contact the company for a refund. Additional information is available online at Kashi.com or by calling the company’s consumer hotline at (877) 747-2467 on weekdays between 6 a.m. and 3 p.m. Pacific time.
Multifamily Properties Sell for $8.7 Million
Four multifamily properties in Bankers Hill, Hillcrest and south Mission Hills have been sold for $8.7 million.
The properties total 43 units and 25,495 square feet. They are located at 2027, 2011, and 1951-57 Front St., and 715-39 Torrance St.
The seller is a private family operating as 1951 Front Street LLC; 2027 Front Street LLC; and Torrance Street, LLC.
NP Ventures LLC purchased 2027, 2011 and 1951-57 Front Street and the Sucato Family Trust purchased 715-39 Torrance Street.
The properties were built between 1917-1958 and include a mix of studio, one-bedroom, and two-bedroom units with average unit sizes ranging between 380-643 square feet. Substantial upgrades were made to some units including new dual pane windows, heating and air conditioning units, and electrical systems among others. Colliers International represented the buyers and seller.
Personnel Announcements
Matt Marschall, Dylan Marschall Join CBRE Group
CBRE Group Inc. announced that Matt Marschall has joined the firm as senior vice president and Dylan Marschall as financial analyst of CBRE’s Capital Markets division specializing in the land, agribusiness and natural resources practice in San Diego. They have more than 40 years of combined experience in those fields.
Matt Marschall was an executive managing director for Cushman & Wakefield Western Inc. and was the national practice leader for the agribusiness, natural resources and energy valuation and advisory specialty group. He was also involved with the National Land Group and was the founder of The Land Group brokerage practice, which was headquartered in San Diego specializing in land and agricultural properties.
Before joining CBRE, Dylan Marschall was an appraiser for Cushman & Wakefield, Western Inc. in the valuation and advisory group specializing in agribusiness and natural resources. He worked on appraisal and consulting assignments for a variety of agricultural properties including farms, ranches, dairies, nurseries, transitional land, recreational camps and special purpose industrial sites throughout California and the U.S.
New Children’s Museum Names New CEO
Business and civic leader Judy Forrester has been appointed CEO and executive director of The New Children’s Museum after serving six months in an interim capacity. She becomes the third leader since the museum’s reopening Downtown in 2008.
Forrester has more than 15 years of experience as a senior executive in nonprofit, health care, financial and civic leadership organizations.
Most recently, she served as USO San Diego president and CEO. Prior to that role she was senior vice president for Bank of America where she was responsible for managing the bank’s local community strategy and charitable/marketing resources.
Forrester served as president and CEO of LEAD San Diego, the region’s civic and community leadership development organization.She also has held leadership roles with the San Diego County Medical Society Foundation, the American Red Cross San Diego/Imperial Counties Chapter, American Specialty Health, San Diego Regional Continuum of Care and the San Diego Regional Chamber of Commerce.
MiraCosta College Names Three New Deans
Times of San Diego
MiraCosta College hashired three new deans to serve in the areas of instructional and student services.
The newly appointed deans are Mike Fino as the dean of mathematics and sciences, Cynthia Rice Carroll as the associate dean of student services at the San Elijo Campus and Freddy Ramirez as interim dean of admissions and student support.
Fino has been announced as the dean of mathematics and sciences. Fino has been serving as the interim dean since January 2016. His permanent position will begin July 1, 2016.
Fino was instrumental in leading the campus effort to develop a baccalaureate degree in biomanufacturing at MiraCosta College, slated to begin in fall 2017. During his tenure at MiraCosta College, Fino has also served as the department chair and lead faculty for the Biotechnoloy Program.
Cynthia Rice Carroll was officially named associate dean of student services at the San Elijo Campus in May 2016.
Carroll served as coordinator of MiraCosta College’s Institute for International Perspectives from 1990–1999, coordinator of Student Activities at UC San Diego, and development officer for the MiraCosta College Development and Foundation Office.
Longtime MiraCosta College counselor Freddy Ramirez was chosen as interim dean of Admissions and Student Support. Ramirez joined MiraCosta College in 2004 as a full-time general counselor.
