San Diego Business Journal


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Manchester Sells Majority Stake in Grand Del Mar

TOURISM: The 88% Share Being Bought Is Valued at $230 MillionPrivate equity firm Blum Capital and the parent of Fairmont Hotels & Resorts are acquiring a majority stake in Carmel Valley’s Grand Del Mar resort for a reported $230 million.

By Lou Hirsh April 3, 2015 1:46 p.m.   $$ Share
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Claim Jumper Restaurant Is Planned for Downtown Wyndham Hotel

Port district commissioners have approved a sublease arrangement that will bring a new Claim Jumper restaurant to the existing Wyndham San Diego Bayside hotel in downtown San Diego.

Managing Partner Keeps Dentons Involved in Community

Kurt Kicklighter has played an important role in keeping the Luce Forward, then McKenna Long and now Dentons, San Diego office focused on good legal work. But it is a challenge getting the new, international name out locally. The corporate office is probably not always impressed with local events.

Keg N Bottle Stores ‘Deliver’ for Amazon’s Alcohol Service

RETAIL: It Is Part of Of Prime Now App’s Expanding Services

For San Diego retailer Keg N Bottle, sales of beer, wine and spirits are nearly always brisker at its nine stores in the week leading up to Super Bowl Sunday.

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New Exhaust Nozzle May Be Ticket For Quieter Landings

AVIATION: ‘Drag on Demand Technology’ Gets SBIR Grants

Parthiv Shah is on a mission that would gladden the hearts of Point Loma, North Park and Carlsbad residents — not to mention people all over the world who live under airport flight paths.

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San Diego Company Tapped to Manage Two Carlsbad Hotels

San Diego-headquartered RAR Hospitality has assumed management of the Holiday Inn Carlsbad and Staybridge Suites Carlsbad, following an agreement with the hotels’ owner, Alps Group of Hotels.

National University and UC San Diego Extension Announce Partnership for Sustainability Education

National University and University of California, San Diego Extension are introducing a partnership that offers students pathways to pursue studies in the growing field of sustainability management, the schools announced.

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Pay Parity

New State Law Broadens Efforts to Narrow Gender Wage Gap

Women still make less than men in a majority of industries (79 cents on the dollar by most accounts) despite state and federal laws aimed at narrowing the gender pay gap.

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Co. Tests the Waters With Brewery Igniter

PROPERTY: H.G. Fenton Plans Additional Facilities

Thanks to the newly opened microbrewer’s unusual space arrangements in Miramar, co-founder Mat Robar estimates that his eco-themed Pure Project has saved a lot of green in startup costs — at least $100,000 — and shaved six to 12 months off the traditional launch timetable for a craft beer maker.

Amazon Adds Beer and Wine to Local Delivery Offerings

Amazon Inc. has extended its Prime Now services in San Diego to include one-hour delivery of beer, wine and spirits, the Seattle-based company announced.

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Local Company Buys Marriott in Carmel Valley for $80.5 Million

San Diego-based Southwest Value Partners has acquired the 284-room Marriott San Diego Del Mar hotel in Carmel Valley for $80.5 million, according to the buyer.

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Construction Management Firm Cumming Acquires London Company

Cumming Corp., a San Diego-headquartered construction project management firm with offices worldwide, announced Feb. 1 that it is acquiring and merging with London-based consulting firm GB Fitzsimon. Financial details were not disclosed.

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Sam Reese Appointed CEO at Vistage Worldwide Inc.

Vistage Worldwide Inc. said it named Sam Reese as CEO. Reese succeeds Leon Shapiro, who will continue to serve on the Vistage board of directors.

USD Receives $12 Million Gift From Foundation Created by Intel Co-Founder

The University of San Diego on Thursday announced it had received a $12 million gift from a nonprofit created by a co-founder of Intel to bolster science, technology, engineering and math education.

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Clean Energy Future Has Quantifiable Benefits

With a unanimous San Diego City Council vote in December to adopt the San Diego Climate Action Plan (CAP), San Diego became the largest metropolitan area in the U.S. to adopt an aggressive target of 100 percent renewable energy within 20 years. This positions the city as a forward-thinking leader in climate policy both nationally and globally.

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Tech Sector Onboard With Efforts to Keep Graduates in Town

WORKFORCE: Bus Tour Shows Students Extent Of Opportunities Downtown

The dynamic has confounded local tech companies for years: The University of California, San Diego has almost 9,000 engineering students, and one of the largest and most successful computer science programs in the country, yet many suitable local high-tech job openings go unfilled.