HEALTH: Revenue Needs, Market Trends Push Change
San Diego hospitals are thinking small. Hospitals in the last few years boosted investment in modest freestanding centers for surgery, imaging and other services, vying for patients seeking convenience and lower costs. The facilities are found on hospital campuses, as well as scattered throughout the region to reduce patient commutes.
PROPERTY: Plans Eventually Call for 4,700 Residences
Seven years ago, Sudberry Properties said it would take 10 to 15 years to transform a 230-acre former Mission Valley rock quarry into a master-planned community that would set the tone for what the future of San Diego could look like.
TECH: Teradata Taps Analytics To Transform Its Biz Model
Two rooms at Teradata Corp.’s offices in Rancho Bernardo, one of the publicly traded company’s largest campuses, provide a quick visual approximation of the transformation the company is undergoing.
BIotECH: Model for NASH Drug Testing,Tissue for Bridge Solutions Are Goals
Organovo’s technology sounds straight out of science fiction movies: 3-D printed tissues that emulate human organs. But, this story is shifting.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
ACQUISITION: Price, Regulators Part of Obstacles to Going Private
Since Paul Jacobs said his goodbyes to shareholders and the board of directors during Qualcomm Inc.’s annual shareholders meeting in March, the company’s former CEO and chairman of the board has been relatively quiet.
Qualcomm Inc.’s $44 billion bid for the Dutch-based NXP Semiconductors NV continues to drag on. On April 19, Qualcomm and NXP agreed to withdraw and refile the notice of acquisition regarding the companies’ planned merger at the request of Ministry of Commerce in China (MOFCOM).
TECH: Services Include Material Science and Failure Analysis
For the past 20 years, General Atomics’ Inertial Fusion Technology (IFT) Analytical Services Lab has been a well-kept secret in San Diego.
Fewer San Diego companies received venture capital backing in the first quarter of the year but the total dollars raised were up compared to the same quarter the year prior, according to a pair of recently released reports tracking investments in local startups.
French diagnostics giant bioMérieux acquired San Diego-based Astute Medical in a $90 million cash deal announced earlier this month.
San Diego software startup Measurabl raised a $7 million Series A financing round led by Camber Creek, a venture capital firm that invests primarily in real estate technology, the company said April 16.
STARTUP: Incubator To Take 1% to 5% of Accepted Companies
EvoNexus, the startup incubator with offices in San Diego and Irvine, will require the next round of companies it admits to give up a stake in their business in exchange for EvoNexus’ services.
LEADERSHIP: UCSD Recognizes Joint Effort of Engineering, Management
The pair of professors who lead the UC San Diego Institute for the Global Entrepreneur, a collaborative effort between the Jacobs School of Engineering and the Rady School of Management launched in 2016, have been awarded endowed professorships.
Mirroring what’s happening in the market for office space in San Diego County, demand for industrial space in the region is outstripping supply, driving rents to levels not seen since before the Great Recession and vacancy rates to near or at record lows.
San Diego County developers are leading a national trend to build housing for senior citizens who need some level of care.
Future real estate professionals at the Burnham-Moores Center for Real Estate took second place among 40 entrants in a recent national real estate challenge.
PROPERTY: Mixed-Use To be Transition Between Biz and Residential Areas
A vacant lot that was once a gas station, then a failed commercial development at the southern edge of Del Mar’s business district would become a mix of offices, retail shops, a possible restaurant and condominiums under a new proposal.
New Fresh, Flavorful and Foodie-Oriented Dining Options Play to Diverse Appetites
Many of the biggest San Diego County casinos are in various stages of large scale expansions and renovations. For some casinos, this means updated dining options that appeal to fast casual, gourmet, and chef-driven food trends.
Sycuan Casino revealed three new shuttle stops in March, as a part of the San Diego Metropolitan Transit System (MTS) naming rights agreement for the Sycuan Green Line.
GAMING: Jamul Casino Reported to Be In Default on Loan
Hollywood Casino Jamul-San Diego announced earlier this month that it was transitioning management from Penn National Gaming Inc. to Jamul Indian Village Development Corp. (JIVDC). The transition means the casino’s name will change to Jamul Casino.