Daily Business Report: Oct. 3, 2023
San Diego MLS to become first pro sports group
to house training facility on tribal reservation
San Diego MLS announced that it will become the first professional sports organization to establish a dedicated professional training facility on a tribal reservation. The cutting-edge facility includes a Right To Dream residential youth development academy, the first of its kind in the United States.
Located in El Cajon on Sycuan tribal land, this project will span a 28-acre site that currently encompasses a portion of the Pine Glen Golf Course and the Singing Hills Hotel, providing an ideal setting for the evolution of soccer in San Diego.
A key component of this endeavor is the establishment of a Right to Dream Academy, a residential youth academy that will accommodate students between the ages of 11-18, spanning grades 6 through 12. The existing Singing Hills Hotel will be repurposed and accommodate youth academy dormitories and classroom facilities that will provide education for students living on campus. Facilities will be made available to students, professional players, and staff working on campus, fostering an environment of unity, growth, and unparalleled opportunity.
Paradise Point Resort fined $ 1 million to become Margaritaville
The 44-acre Paradise Point Resort at 1404 Vacation Road on Vacation Isle, just southwest of the Ingraham Bridge in Mission Bay, is set to get a facelift and become a Margaritaville resort but not without a price as it must first pay the state $1 million in fines for years of violations of the California Coastal Act.
Paradise Point has had many violations over the years including not posting “public access” signs to advertise free access to the property, which was built on public lands, restricting public right away to the beach, and an installation of a shack and security guard at the main parking entrance.
Navy commissions latest littoral combat
ship bound for San Diego homeport
Times of San Diego
The Navy on Saturday commissioned the 17th trimaran-variant littoral combat ship bound for homeport at Naval Base San Diego. The USS Augusta was commissioned at Eastport, Maine, near the Canadian border, with Rep. Jared Golden wishing the crew fair winds and following seas as they brought the ship to life. The trimaran-hull, Independence variant of
the littoral class built by Austal USA has proven successful for the Navy in contrast to the trouble-plagued, monohull Freedom variants built by Marinette Marine and based on the East Coast.
Two FCC commissioners are re-confirmed
The U.S. Senate has confirmed two FCC commissioners to five-year terms. Brendan Carr and Geoffrey Starks were confirmed by voice vote late Saturday. Carr, a Republican, was confirmed to a five-year term that is retroactive to July 1, 2023; Starks, a Democrat, was also confirmed to a five-year term, retroactive to July 1, 2022.
The confirmation of the two commissioners ensures that a full FCC continues to be seated, now that a fifth commissioner, Anna Gomez, has been seated.
With the FCC now in the hands of a Democratic majority, three years into the Biden administration, Chairwoman Jessica Rosenworcel has indicated that she plans on reviving Title II regulation of broadband services.
Newsom picks Laphonza Butler to replace Dianne Feinstein
CalMatters
Gov. Gavin Newsom has appointed Laphonza Butler, president of Emily’s List, to replace the late U.S. Sen. Dianne Feinstein and finish out her term through 2024.
“An advocate for women and girls, a second-generation fighter for working people, and a trusted adviser to Vice President Harris, Laphonza Butler represents the best of California…. Laphonza will carry the baton left by Senator Feinstein, continue to break glass ceilings, and fight for all Californians in Washington D.C.,” Newsom said in a statement.
Newsom vetoes bill offering
unemployment pay to California strikers
Gov. Gavin Newsom on Saturday vetoed a bill that would have paid unemployment benefits to striking workers, and had drawn strong support from labor unions and from his fellow Democrats in the state legislature. In rejecting the bill, Newsom noted that the state’s unemployment trust fund is already nearing $20 billion in debt. “Now is not the time to increase costs or incur this sizable debt,” he wrote in a message explaining his veto.
The bill would have made workers out on strike for at least two weeks eligible for unemployment checks. The vast majority of states, with the exception of New York and New Jersey, do not offer unemployment benefits to striking workers.
City of San Diego hourly minimum wage
jumps to $16.85 on Jan. 1, 2024
Many San Diegans will soon see an increase in their pay when the City’s minimum wage goes up. Effective Jan. 1, 2024, employees who perform at least two hours of work in one or more calendar weeks of the year within the geographic boundaries of the City of San Diego will receive a minimum wage increase from $16.30 to $16.85 an hour. The change is in accordance with the city’s Earned Sick Leave and Minimum Wage Ordinance, approved in 2016.
Walker & Dunlop brokers Waterleaf apartments sale in Vista
Walker & Dunlop Inc. has brokered the $174 million sale of Waterleaf, a 456-unit apartment community in Vista. The buyer was MIG Real Estate. MG Properties Group was the seller. This was the second-largest multifamily transaction in San Diego County this year after Allina La Jolla, which was sold at $177.3 million in University City. Waterleaf has one- and two-bedroom apartments and two fitness centers.
County Emergency Services earns re-accreditation
San Diego County’s Office of Emergency Services earned re-accreditation by the Emergency Management Accreditation Program. The honor was announced this week. After a comprehensive and rigorous review of 66 standards of excellence in emergency management programs and capabilities, the Emergency Management Accreditation Program granted San Diego County the five-year re-accreditation.
San Diego industrial property sold for $4 million
CBRE negotiated the sale of a 93,218-square-foot industrial property at 9940 Marconi Drive in San Diego for $4 million, or $43 per-square-foot. CBRE’s Ramin Salehi, Joe Smith and John Smith represented the seller, Westport Properties, a Southern California-based development company focusing on self-storage and industrial space. Jacob Castro and Chris Nelson of Inland Pacific represented the buyer, PGM Investments LLC, in the transaction.
Petco helps pet parents with holiday shop
Petco Health and Wellness Company Inc. announced this year’s Merry Makings holiday collection, a convenient one-stop shop to fuel celebrations all season long at a great value for pets and pet parents. As part of the pet humanization trend, 80 percent of Petco shoppers consider their pets to be part of the family when celebrating and gifting during the holidays.
The collection features more than 500 products.
Min Egidio is the new owner of AlphaGraphics
AlphaGraphics, a leading franchisor of printing and marketing solutions, has a fresh face in the San Diego market. Min Egidio has joined the AlphaGraphics family as the new owner of the San Marcos location. She is taking over for previous owner, Gary Treiber, who had a two-decade tenure with the franchise. Egido is also the owner of All Time Awards in the San Diego area. AlphaGraphics was founded in 1970.
Akeso Occupational Health opens clinic in Downtown San Diego
Akeso Occupational Health announced the opening of a new occupational health clinic in Downtown San Diego located at 1620 Fifth Ave., Suite 200. This is the sixth clinic Akeso has added in 2023, bringing its clinic total to 21 including six Akeso clinics in San Diego County. The clinic offers a range of services including treatment of injuries. Chuck Kruger is CEO and Ruby Velasco is operations manager.
Teradata partners with ActionIQ on marketing
San Diego-based Teradata and ActionIQ announced a new joint-offering for marketing and customer experience (CX) activations for Teradata VantageCloud customers. This new offering, which includes integration with VantageCloud and ActionIQ, is now complete and ready for customers. The collaboration highlights Teradata’s open and connected ecosystem, which includes a strong partnership with ActionIQ to leverage the companies’ collective expertise in advertising and marketing technology for CX.
Lakhmir Chawla joins Revelation Biosciences board
Revelation Biosciences Inc., a life sciences company that is focused on the development of immunologic based therapies for the prevention and treatment of disease, announced the appointment of Lakhmir Chawla, M.D., to the company’s board of directors. Chawla is currently the CEO of Stavro Medical. Previously he was chief medical officer of Silver Creek Pharma. He comes to the board on the retirement of Curt LaBelle, M.D.
Boundless Bio appoints new board members
and establishes Clinical Advisory Board
Boundless Bio, a clinical stage, next-generation precision oncology company, announced the appointment of two new members to its board of directors and the establishment of its Clinical Advisory Board. Industry veterans James Christensen, chief scientific officer of Mirati Therapeutics, and Nancy Whiting, chief executive officer of Recludix Pharma, will join the board. George Demetri, M.D., will serve as the first member of the company’s Clinical Advisory Board.
AntiCancer Inc. announces successful use of
PDOX mouse model of human cancer patients
AntiCancer Inc. of San Diego has announced its PDOX mouse model of human cancer patients has demonstrated high concordance of chemotherapy in the mouse and patient. “This new result means AntiCancer has made the first steps for precise, individualized cancer chemotherapy,” said Qinghong Han, senior scientist. “The PDOX mouse model has the patient’s tumor implanted in the same organ in the mouse as it was in the patient enabling very accurate prediction of chemotherapy outcome for the patient.”
