Daily Business Report-March 4, 2019
Rendering of SDSU Mission Valley. (Courtesy of SDSU)
City and SDSU negotiations for sale
and development of Mission Valley
stadium site move forward
Mayor Kevin Faulconer and San Diego State University President Adela de la Torre announced Friday that the city of San Diego and SDSU are making progress on negotiations for the sale and development of the Mission Valley stadium site following the passage of Measure G last year. The initiative called for the sale of 132 acres of city-owned property, including the Mission Valley stadium, for the development of an SDSU campus expansion, a world-class river park and housing.
Both parties have been preparing for next steps. These preparations include identifying the individuals who will represent each side at the negotiating table, drafting a formal agreement on cooperation and confidentiality, and the city issuing a request for proposals for real estate consulting services.
“Before us is a golden opportunity to turn the city’s most underutilized piece of real estate into something special that will benefit the entire San Diego region,” Faulconer said. “A chance to expand educational opportunities in our region, teach the students who will fuel our economic growth, build housing for those in need, and create San Diego’s next great public space with a world-class river park. We will negotiate an agreement with SDSU that respects taxpayers, fulfills the will of the voters and allows for the university’s future growth,” Faulconer said.
“I am proud of the team we have assembled to represent the university in these important negotiations, which will result in a project that will have long-term benefits for our public university, our students and the San Diego region,” de la Torre said.
Read more…
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Summary of upcoming major events
at the San Diego Convention Center:
OFC 2019 – The Optical Fiber Communications Conference and Exhibition
March 3-7 | 15,000 attendees
IHRSA 2019
March 13-16 | 11,000 attendees
Doterra West Coast Leadership Retreat
March 18-20 | 4,000 attendees
Social Media Marketing World 2019
March 20-22 | 7,000 attendees
Academy Of Managed Care Pharmacy / AMCP 2019 Annual
March 25-28 | 4,200 attendees
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Sharon Davis – Against All Odds
Being raised in Compton, at the helm of the “Gang Wars,” could not have been easy, but Sharon Davis found a way to flourish. She attended Compton High school, where the College Readiness Index is at 25.2, according to U.S. News and World Report for Education.
Sharon’s mother instilled the importance of working hard and educational excellence. She knew how important it was to go to college. She took her mother’s message to heart and worked hard both in school and work. She bought her first car working summers at McDonald’s. This is where she met her first professional mentor, John Harlan, a three store McDonald’s franchisee, who taught Sharon how to have a strong business acumen.
Hard work and focus got her accepted into UC San Diego as a biology major
Davis will speak at the Kick Off Luncheon April 1 as part of San Diego Women’s Week sponsored by North San Diego Business Chamber. Women’s Week runs April 1-5. Click here for the schedule.
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All California vote-by-mail ballots will now
come with prepaid postage return envelopes
All California vote-by-mail ballots will now come with prepaid postage return envelopes. Secretary of State Alex Padilla announced a new social media campaign to educate voters about this change.
“In California, it’s now ‘No Stamp, No Problem’ for vote-by-mail voters,” Padilla said. “Once you’ve filled out your vote-by-mail ballot, simply place it in the return envelope, seal the envelope, sign on the designated line, and place it into the mail box. For over a decade, Californians have been increasingly choosing to vote-by-mail. Providing prepaid postage on all vote-by-mail return envelopes makes this option even more convenient for voters. It’s another way we can make it easier to participate in our democracy.”
The Special Primary Elections in Senate Districts 1 and 33 will be the first state elections to occur under the new prepaid postage return envelope law.
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Vote-by-Mail ballots for 2020
Primary to be mailed Feb. 3, 2020
In less than a year, county elections officials will begin mailing vote-by-mail ballots to California voters for the March 3, 2020 Presidential Primary.
“While the eyes of the nation will be on the Iowa Caucuses on Feb. 3, 2020, millions of ballots will begin to be delivered to California voters,” said California Secretary of State Alex Padilla. “In 2020, California’s Presidential Primary will be in primetime — and California voters will have a major voice in selecting nominees for President of the United States. We will work to make sure voters are ready.”
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Kratos buys majority stake
in turbine engine maker FTT
San Diego-based Kratos Defense & Security Solutions Inc. announced that it has acquired an 80.1 percent interest in Florida Turbine Technologies Inc. and FTT Core LLC, a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock. Kratos has an option to acquire the remaining 19.9 percent of FTT at a future date. FTT is strategically positioned to compete in the small-sized, affordable turbofan and turbojet marketspace as a market disrupter and technology leader.
This acquisition is expected to accelerate FTT’s small engine development programs, and facilitate integration of these leading-edge engine solutions with evolving Kratos tactical systems.
FTT will now be part of the Kratos Turbine Technologies (KTT) Division, which will be focused on the development and production of small, affordable, high-performance, jet engines for the next generation of tactical weapon systems and tactical jet unmanned aerial systems. The KTT Division will be included in the Kratos Government Solutions Segment.
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Cam and Wanda Garner give $2 million
to endow faculty chair at UC San Diego
Pharmaceutical leader Cam Garner and his wife Wanda, a cancer workshop facilitator and philanthropic fundraiser, have given $2 million to establish the Garner Family Chancellor’s Endowed Chair in Blood and Marrow Transplant to support excellence in research, teaching and clinical care at UC San Diego Health in the field of blood cancers in general, and blood and marrow transplant in particular.
Edward D. Ball, M.D., director and chief of the Blood and Marrow Transplant Program at UC San Diego Health, has been selected as the inaugural chair holder. A board-certified hematologist and medical oncologist, he leads an interdisciplinary team of physicians, advanced practitioners, nurses, social workers and support staff. He is also an investigator in clinical trials for blood cancers, offering innovative therapies rarely offered at other hospitals.
The only National Cancer Institute-designated Comprehensive Cancer Center in the San Diego region, Moores Cancer Center includes—all under one roof on the campus of the University of California San Diego—a diverse cadre of clinicians and scientists focused on understanding and improving treatments of cancer.
For Cam Garner, there are personal reasons why he gives his time and resources to Moores Cancer Center. “My father was diagnosed with cancer when I was six years old and passed away when I was 17. In addition, I lost a sister and brother to cancer, both at an early age. My experience with family members being treated for cancer was that they all had to travel significant distances to seek world-class care.”
“We are working hard to see that no San Diegan would ever have to leave the region to receive the best cancer treatment,” said Wanda Garner. “We invest our time, our talent and our financial resources in Moores Cancer Center because of its vision and dedication to that vision.”
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Personnel Announcements
Klinedinst PC announces promotions
of 4 attorneys in San Diego office
Klinedinst PC announces the elevation of four attorneys in its San Diego office.
David Majchrzak and Robert Shaughnessy were promoted to shareholders, Harold Trimmer was elevated to senior counsel and Benjamin C. Wohlfeil was elevated to counsel.
David Majchrzak is a seasoned ethicist and civil litigator with significant motion, trial, and appellate experience. He is certified as a specialist in legal malpractice law by the State Bar of California Board of Legal Specialization. Majchrzak performs law office risk management reviews, trains law firm staff in ethics requirements, and advises on a variety of topics.
Robert Shaughnessy dedicates his practice to all aspects of business litigation, with a special emphasis in civil appeals. He brings nearly 20 years of complex law-and-motion and appellate experience to the firm’s Appellate Practice Group and is knowledgeable in a variety of practice areas. Shaughnessy counsels clients on matters including unfair competition, false advertising, and trade secret misappropriation, among others.
Harold C. Trimmer focuses his practice on professional liability, general civil litigation, as well as white-collar criminal defense and related matters. Trimmer has also defended individuals in state and federal criminal actions, including political corruption investigations, military procurement fraud, investment fraud, and other complex criminal matters.
Benjamin C. Wohlfeil litigates a variety of professional liability matters throughout California. Prior to joining Klinedinst, Wohlfeil began his legal career as a criminal prosecutor, handling both trial and appellate matters. With a caseload that included murders, assaults, and robberies, he prosecuted hundreds of violent offenders, and tried more than 50 jury trials to verdict.
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Commissioning of the USS Charleston
The crew of the Navy’s newest littoral combat ship, USS Charleston, brings the ship to life during its commissioning ceremony on Saturday in Charleston, S.C. The Charleston is the 16th littoral combat ship to enter the fleet and the ninth of the Independence variant. The ship will transit to join Littoral Combat Ship Squadron 1 and 10 other littoral combat ships currently homeported at Naval Base San Diego. (U.S. Navy photo by Mass Communication Specialist 2nd Class Natalia Murillo/Released)
