San Diego Business Journal

SDBJ WEEKLY EDITION

Palomar May Close Its Downtown Hospital

HEALTH: Escondido Facility Losing $20M; Board to Decide June 24

Palomar Health may close its downtown Escondido hospital, the board announced.

She Breaks First Law of Thermodynamics

Physics Girl is going to be in the spotlight at the U.S. News & World Report STEM Solutions National Leadership Conference at the San Diego Convention Center on June 29-July 1.

Mission Valley Looks To Plan for Its Future

PROPERTY: Big Projects Coming to Booming Area

The city of San Diego has scheduled a June 30 public meeting that will formally kick off the long-delayed process of updating the Mission Valley community plan, which hasn’t been significantly revised in 30 years.

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Nature Assists in Cargo Inspection

TECH: Co.’s Method Can Safely Detect Contraband

Decision Sciences International Corp. intends to be a player in a high-stakes game of hide-and-seek.

San Diego Region Has Much to Gain From TPP

San Diego has much to gain when it comes to doing business with clients beyond our borders. Last Thursday’s passage of the Trade Promotion Authority (TPA) bill provides the political pathway needed for international negotiations to conclude on trade agreements such as the Trans Pacific Partnership (TPP).

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Bank Bucks Trend With Bitcoin Service

FINANCE: Uncertainties of Currency Keep Others Away

Few banks do business with Bitcoin and other digital currency firms, and even fewer make those relationships public.

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TRYING HIS HAND

GAMES: Card Game Creator Has Challenging Role as an Entrepreneur

A plateful of beets stands between Justin Gary and an ice cream sundae. He eats some, sneaks a couple to the family dog and offloads some on others’ plates when the diners’ heads are turned, racing to be the first to clear his plate.

The Sands of Time Have Been Very Kind to Mission Beach

Try to imagine San Diego without Mission Bay.

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PRACTICALLY PERFECT BUILDINGS

New Structures Are Bright, Functional and Efficient

When the San Diego region’s architects and designers set out to create structures that are visually distinctive, creativity must be tempered by practicality.

Caring, Compassion Part of the Love Kitchen’s Special Ingredients

The Little Caesars Love Kitchen, staffed by an Escondido franchise of Little Caesars Enterprises Inc., stopped by Interfaith Community Services recently with more than 30 pizzas to distribute to the homeless and clients of Interfaith’s housing programs.

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Midcity Mixed-Use Development Seen as a ‘Pioneering’ Project

PROPERTY: Plans for Block-Long Site Include Retail and Dining

Locally based H.G. Fenton Co. recently began work on The Boulevard, a 165-unit, mixed-use apartment community nearly a decade in the making in what has long been considered a blighted portion of central San Diego.

Local Startup Can Take a Victory Lap for Its PlanetCar App

BitCot Inc., a small startup in San Diego, has won an innovation contest hosted by Santa Cruz electronics giant Plantronics by connecting first responders with car accident victims.

Co. Sees S.D. as Its New Center of Navigation Excellence

Kiel, Germany and San Diego are two towns with a history of navy ships and smart people. In recent years, the two cities became linked by the legacy of Hermann Anschütz, an inventor and explorer from more than 100 years ago.

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Anthony’s Teams Up With Partner to Pursue a New Lease

DINING: It Offers $9.5M Renovation Plan For Bay-Front Location

Port of San Diego officials say a revised $9.5 million renovation plan for the iconic Anthony’s Fish Grotto makes it a strong contender to remain in the downtown San Diego waterfront spot it’s called home for the past 50 years.

Co. Wants to Spread the Words With Its Efforts to Defeat Dyslexia

SOFTWARE: Audvi App Translates Text to Talk For Those Who Need It

Ninety-nine percent of the time, the first entry on a person’s LinkedIn profile is a profession.

Consortium, Takeda Form 5-Year Pact

The Sanford Consortium for Regenerative Medicine and Takeda Pharmaceutical Co. Ltd. have established a $10 million, five-year Innovation Alliance to identify translational research and proof-of-concept projects for therapeutics.

Institute, Foundation Partner to Educate Nonprofits

EDUCATION: Goal Is to Teach Effective Leadership, Fundraising

National University and its Sanford Institute of Philanthropy have partnered with The San Diego Foundation to advance a certificate program that serves the region’s many nonprofits through specialized training, the university announced.

CSUSM Names Hamerly Dean of Business School

EDUCATION: He Brings Extensive Private Sector Experience

Jim Hamerly has been named dean of the College of Business Administration at California State University, San Marcos. His appointment was effective June 1.

Wage Debate May Show Intraparty Fault Lines

The bipartisan logic trotted out in 2010 in favor of Proposition 14 — which created open primaries — was that it would result in more moderate candidates being elected to the state Legislature.

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Carlsbad Restricts Short-Term Rentals

TOURISM: Cities Are Dealing With Airbnb Trend

As San Diego and other U.S. cities debate how to address neighborhood complaints related to short-term vacation rentals, operators of the most-used online booking site are supportive of a new Carlsbad law that limits those rentals to the city’s coastal zone.

Woman to Take The Helm at Port

LEADERSHIP: New CEO Is an Admired Insider

The Port of San Diego has chosen its next leader from within, tapping Randa J. Coniglio to be its executive director, president and CEO.

Life Science Execs Go With the Changes

LEADERSHIP: C-Suite Shakeups Hit Local Scene

A corner of San Diego’s life science cluster is experiencing an unexpected executive shuffle, with several C-suites reorganizing under new leadership.

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Thinking Outside the Diamond

EVENTS: Padres Score As Game Plan for Petco Goes Beyond Baseball

Sold-out concerts by the Rolling Stones and Paul McCartney, along with the addition of Supercross and Monster Jam shows, are buoying Petco Park’s status as a premier venue and putting the Padres on track this year to collect record special-events revenues.

Reducing Barriers Benefits San Diego Exporters

CA BOTANA International Inc. is a San Diego-based company of 25 employees that is involved in the research, development and manufacturing of advanced natural skin care products.

Golf Fundraiser Nets $422K for Sharp Grossmont Hospital

Grossmont Hospital Foundation raised more than $422,000 for Sharp Grossmont Hospital at the 31st Annual Grossmont Hospital Invitational Golf Tournament at Sycuan Resort and Casino.

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Above the Boardwalk Down in M.B.

This custom, oceanfront home on the boardwalk in Mission Beach was designed by renowned architect Ken Ronchetti. The curvilinear design is a fresh take on the idea of a beach residence.

Former CIA Official Joins Diomics Board

BIOTECH: The Company Specializes in Forensics, Diagnostics

Diomics Inc. announced recently that Stephen Slick, a former CIA clandestine service senior official, has joined the company’s board of directors.

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Firm Sees Alternative Investments Winning More By Losing Less

FINANCE: Co. Puts 45% in Alternatives as Hedge for Bad Times

For decades, the basic makeup of an investment strategy has been 60 percent stocks and 40 percent bonds. Investors looking to further diversify might put up to 10 percent into so-called alternative investments that didn’t correlate to stock returns, including commodities, private equity or even artwork.

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MAKING GAINS

INVEST: Financial Advisors Increasingly Address Interests and Situations of Women Clients

Fewer than half of the women in a recent Morgan Stanley survey said they worked with a financial advisor, and most of those who did reported their advisor misunderstood or neglected them.

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Technology, Marketing and Mother Nature Drive Business

SERVICE: Co. Finds Air Conditioning Is In Demand on the Coast

Carini Heating and Air Conditioning, a family owned and operated business, has found success in its short history by learning digital marketing, providing good service and offering innovative products that provide high energy efficiency.