Stories for March 2021

Wednesday, March 31

Reneo Pharmaceuticals Files for $100M IPO

PHARMA: IPO Shows Broader Opportunity in Life Science Market

Electric Bikes are Flying off the Shelves

RETAIL: Local Companies see Spike in Demand During the Pandemic

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Northrop Grumman Nets $82M Contract

Corporation Will Support MQ-4C Triton Unmanned Aircraft for 1 Year

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Hop-On Jet Service Enters Local Market

JSX to Start Flights To Las Vegas April 9

Tuesday, March 30

Pasadena’s Seatrec Moving to Vista

REAL ESTATE: Ocean Research Firm Sees Region Playing Major Role in Blue Economy

Seatrec, a Pasadena firm involved in Ocean research, is moving to Vista.

New UTC Fertility Clinic Beats COVID-19 Challenges

CONSTRUCTION: Overcomes Permit Delays and Special Requirements

Construction of a UTC fertility clinic turned into “the poster child” for trying to build something in the midst of the COVID-19 pandemic.

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Maya's Cookies Continues to Grow

Plant-Based Cookie Co. Gains National Spotlight

For Maya Madsen, a gourmet, plant-based cookie company was initially just a way to create an additional revenue stream while doing something she was passionate about: baking vegan goods.

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Monday, March 29

An Invitation

Anvil of Hope is inviting community members from across San Diego County to support small businesses and restaurants who continue to suffer from the economic impacts of COVID-19 by participating in its inaugural 30-day Walk for Hope celebration.

Oceanside Approves Permit for Indoor Arena

SPORT: Nearly 8,000 Seat Venue Tentatively Scheduled to Open in Late 2022

The city of Oceanside – and all of North County – will soon have its own indoor sports arena.

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March Forward - Tim Keane, PhD, Dean of the University of San Diego School of Business

Tim Keane, PhD, dean of the University of San Diego School of Business.

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Getting an Insider’s Look at Engineering

Collins Aerospace in Chula Vista Works to Spark Interest in STEM

In the United States, engineering is a male-dominated field, with roughly 1 in 8 of the workforce women. Many in the business community are working to change that.

Bosa Leasing New Apartment Tower

Co. Wrapping Up Construction on Downtown Project

Bosa, the Canadian developer that has made a name for itself in San Diego building high-end condominium towers, has a started leasing its first apartment tower downtown.

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The Westin Carlsbad Resort & Spa to Reopen

The 50+ acre complex will offer all 208 guest rooms and suites.

Sunday, March 28

Balboa Park Venues Plan for Reopening

TOURISM: Museums, Cultural Institutions Prepare for Gradual Recovery

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ITJuana Arms Cos. With Cross Border Digital Talent

TECH: Firm Has Helped More Than 400 Software Professionals

Renovation Blends History, Innovation

CONSTRUCTION: Oldest High School Gets Refreshed

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Wonderfront Festival Spawns WonderBus Mobile Concerts

MUSIC: Double-Decker Bus Showcases Live Acts While Traveling Through San Diego

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Section 32 Adds 2 Key Leaders

FINANCE: Firm Manages Over $1 Billion

Dalton Promoted to Partner

In Charge of Firm’s San Diego operations

Thursday, March 25

SPECIAL REPORT: Chula Vista Project Aims to Become High-Tech Research Hub

CONSTRUCTION: Retooled Millenia Smart Park Largest Development Site in County

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OmniSync Connects Startups to Resources

Co. Raised $1Million Led by GovTech Fund

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CourseKey Raises $9M to Help Trade Schools

Co. Plans to Double Headcount by End of 2022

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Feeding San Diego Launches New Food Distribution Site in South Bay

Nonprofit Plans Series of Large-Scale Distributions Around San Diego County

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Wednesday, March 24

Food Business Operators Turn to Membership Programs

DINING: Trust Restaurant Group, Urban Plates Launch Subscription Packages During Pandemic

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Ventyx Biosciences Holds Three Immunology Targets

BIOTECH: Co. Raised $114 Million Led by venBio

Register Today - SDBJ's CFO of the Year Awards 2021

Event set for Thursday, March 25, 2021

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$35M Ship Repair Deal for BAE Systems

USS Russell Headed for Barrio Logan; Continental Gets $33M Contract

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Balboa Park’s New Mingei Museum to Be Unveiled This Summer

CONSTRUCTION: $55M Transformation to Bring Back Elements of Historic Building

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Filta Environmental Expands to Orange County

SERVICES: Oil Filtering Co. Projects Revenue Will Increase to $5M in 2021

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North Park Project Honors Developer’s Heritage

DEVELOPMENT: $9.5M Apartment Complex First of Several to Carry Asano Name

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Point Loma Apartment Complex Sold

Built in 1949

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Lakeside Apartments Sold

Nine apartments

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Tower 16 Buys Arizona Apartment Complex

Renovations planned

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Special Report: Construction

See the Full Special Report Here

Tuesday, March 23

North Park Project Honors Developer’s Heritage

DEVELOPMENT: $9.5M Apartment Complex First of Several to Carry Asano Name

Balboa Park’s New Mingei Museum to Be Unveiled This Summer

CONSTRUCTION: $55M Transformation to Bring Back Elements of Historic Building

Nucleus Biologics Gives Control Back to the Scientists

BIOTECH: Co.’s Marketplace Has More Than 400 Chemical Formulations

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Monday, March 22

Better Business


San Diego Regional EDC: The ‘Next Normal’ Is Here

Surveying the Changing Business Landscape in San Diego

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Legoland California Resort Readies to Reopen

TOURISM: Theme Park Begins to Retrain, Re-Employ Staff Members

Cybersecurity Jobs Still Need Filling

Sector Poised to Welcome an Increasingly Diverse Workforce

Gabourie Makes Her Name in Construction

Believes Women Have Been Untapped Resource for Talent

Infinium Spirits Relocates to San Diego

Formerly based in Orange County, Infinium Spirits' main hub is now at 5 and Market in the Gaslamp Quarter.

Sunday, March 21

Callaway Completes $2.66 Billion Acquisition

SPORT: Topgolf Adds Hospitality to Corporation’s Repertoire

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San Diego Becomes Desired Hub For Major Market Transplants

TECH: Region a Top Destination for Entrepreneurs

GenMark Bought for $1.8 Billion

BIOTECH: Roche Purchases Diagnostic Co.

A Paradigm Shift in Tech

STARTUP: Interacting, Customizing on Horizon

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New Mortgage Takes Different Approach

Product Creative in Helping Those Approaching Retirement

Seven Startups to Pitch at San Diego Angel Conference

7 firms to pitch investors at the San Diego Angel Conference on Saturday.

Three San Diego Companies Win XPrize Rapid COVID-19 Testing Contest

ChromaCode, Reliable-LFC and the La Jolla Institute for Immunology win XPrize contest.

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Carlsbad Industrial Building Sold

$13 million sale

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Westfield Malls Reopens Indoor Operation of Dining, Theaters and Gyms

The announcement comes on the heels of San Diego County announcing it has entered the red tier.

Friday, March 19

National City Apartments Sold

$2.7 million sale

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El Cajon Property Sold

Self-storage site

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Thursday, March 18

Hospitality Group Plans for Future Growth

RESTAURANTS: Rise & Shine Signs Leases for Seven More Food Locations

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GA Aeronautical Systems to Design ‘LongShot’

DEFENSE: Unmanned Aircraft Meant to Fire Air-to-Air Missiles

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Founders First Raises $9 Million

Latest Investment Will Further Mission and Expansion

Birch Aquarium Appoints New COO

Charles Hopper Charged With Rebuilding Operational Support

Wednesday, March 17

DTx Pharma Raises $100 Million Round

BIOTECH: Funding to Be Used to Accelerate Efforts, Advance Pipeline

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Area EDCs Work to Build a Stronger Economy

RESOURCES: Organizations in High Gear to Help Businesses Recover, See Economic Development as Core of What Brings Region Back to Normalcy

OSML and University Face Cyber Challenge

Cal State San Marcos Team Creates Way to Make Vehicles More Secure

$100M Industrial Park Being Built in Otay Mesa

Demand for Space Exceeding Historical Averages

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Tuesday, March 16

From Steel to Lumber, Material Prices Skyrocket

CONSTRUCTION: Increased Costs Mirroring National Trend

Chambers Provide More Than Networking in Pandemic

Leaders Speak to Their Role Advocating for Local Businesses

Business and Trade Associations Make It Work

Leaders Find Connection and Creative Solutions for Members, Community

SpineZone Gets $12 Million in VC

Co. Has Helped More Than 100,000 Patients

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Monday, March 15

Diversity and Inclusion


Roche Buys GenMark Diagnostics in $1.8 Billion Deal

BIOTECH: Roche to acquire GenMark Diagnostics for approximately $1.8 Billion

CFO of the Year Awards Will Offer a Backstage Look at a Momentous Year

FINANCE: March 25 Virtual Event Will Celebrate Achievements

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Partnerships With Industry to Join PRIDE Industries

NONPROFITS: Coming Together to Make More Inclusive Workplace Market

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Rooftop Cinema Reopening

Located at Manchester Grand Hyatt Downtown, Screenings Start on March 18

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Home Prices Up 5.2% in February

Inventory Drops with Peak Sales Period Still to Come

Trovata Taps New CFO

Trovata has added Scott Harrington as its chief financial officer.

SAN Adds New Seasonal Nonstop Routes Via Alaska Airlines

With the two new additions this summer, Alaska Airlines will offer nonstop service to 28 destinations from San Diego, more than any other carrier at SAN.

Sunday, March 14

New Agreement Extends Naming Rights

SPORTS: Petco Park to Keep its Name Through 2027

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JMI Equity Raises $1.7 Billion

FINANCE: Fund Invests in Software and Service Cos.

Sempra Grows Its Business

ENERGY: Corporation Posts $11.4 Billion Year

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Cos. Poised for Strong Recovery

MANUFACTURING: North County is Ready

Innovative South County Apartment Project to Pamper Tenants

CONSTRUCTON: $48 Million Building Designed as Prototype for Others in Chula Vista

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Firm to Repair, Refurbish Landing Craft

Work at Camp Pendleton Could Be Worth Up to $84M for Walashek

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Food Distribution Set for Legoland on March 17

Feeding San Diego will distribute food at Legoland California Resort from 4–6 p.m. on Wednesday, March 17. Preregistration is required.

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Carlsbad Flex Building Sold

10,770 square-foot building

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Thursday, March 11

Seismic Makes Diversity Moves

Deberry Joins Company As V.P. of Inclusion

Ciari Guitars Reinvents Instrument

MUSIC: Co. Raises $560,000 Through Crowdfunding Campaign

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Black Businesses Matter in San Diego Awards WINNERS Announced

Click Here to View Full Event Recap

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Comic Con 2021 Postponed to 2022

Three Days to be Held Online; Small Event Planned for November

Fitness Co. Opens First San Diego Site

The Exercise Coach Opens in Rancho Bernardo, Two More Centers Coming

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Revenue Grows 4.2% At Kratos Defense

Contractor Forecasts 2021 Sales of $810M to $850M

Wednesday, March 10

Food Distribution for Tourism Industry Set for March 12

The San Diego Tourism Authority, Holiday Bowl and Jacobs & Cushman San Diego Food Bank will hold a food distribution event for those in the tourism and hospitality industry from 9 a.m. to noon on Friday, March 12.

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Local Hotel Market Recovering

REAL ESTATE: Investors Taking Renewed Interest, Optimistic About 2021

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After Almost a Year, Flower Fields Reopen to the Public

TOURISM: North County Attraction to be Open Through May 9

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Relocation Co. Sees Surge in Business

COVID Makes Many Rethink Their Need for Office Space

Carlsbad Property Sold for $2.7 Million

Board ramp included

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North Park Apartment Building Sold

18-apartment project

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Carlsbad Apartments Sold

$3.5 million deal

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Tuesday, March 9

Workiz Seizes Momentum, Raises $13M in Series B

STARTUP: Co. Has More Than 100,000 Using Its Platform

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Insurance Industry Stands Up to 2021’s Challenges

Business Clients Urged to Get Proactive in the Face of Risk

Medicine and Insurance Adapts New Practices for 2021

HEALTHCARE: Pandemic, Cost Containment, Mass Events Occupy Executives

Soltek to Build at China Lake

The U.S. Navy awarded a $44.4 million construction contract to Old Town-based Soltek Pacific Construction Co.

Monday, March 8

New Additions


Pechanga Arena Announces First New Concert

ENTERTAINMENT: Venue Hopes to Welcome Back Sports Teams Later This Year

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GA, Firefly Team Up for Space Launch

Deal for NASA Mission, Lasting Through 2027, Totals $38.5M

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Sunday, March 7

A ‘City Within a City’

DEVELOPMENT: North City to Give San Marcos Real Downtown

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Area Expected to Be Top Summer Destination

TOURISM: San Diego to Benefit from Vaccine, Pent-Up Travel Demand

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DermTech Set For Growth

BIOTECH: Co.’s Stock Up 130%

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Dr. Seuss Seeks More Inclusivity

PUBLISHING: Co. Pulls Six Books

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Valley Center’s History to Be Celebrated in Design of New Center

DEVELOPMENT: Village Station to Have Western Motif

Company Acquired By Alaskan Firm

Herman Construction Group to Continue to Operate as Subsidiary

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Carlsbad Building Sold

Renovated and sold

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Thursday, March 4

PromoDrone Pivots to Global Licensing

Co. Sees Opportunity in Banner Advertisements

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Dexcom Launches Venture Arm

Co. Aims to Fund Early, And Late Stage Startups

2 Top Destinations Earn 5 Star Awards

Seventh Year for Park Hyatt, Eighth for Rancho Valencia

PRIDE Industries to Merge with Partnerships With Industry to Bring Opportunities to People with Disabilities in San Diego

PRIDE Industries to Merge with Partnerships With Industry effective July 1

Gafcon Designing Mixed-Use Project Near Shanghai

DEVELOPMENT: Plans for 3,200-Acre Waterfront Site Include a Hotel

RPG and CenterSquare Buy Vista Industrial Building

REAL ESTATE: Renovations Planned to Reposition the Property at 1Viper Way

Wednesday, March 3

Northrop Grumman Radio Deal Worth Billions

DEFENSE: Technology Lets Disparate Military Systems Talk to Each Other

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Athletic Tape Becoming Big Business

RETAIL: Founder Honors Mother and Father with E-Commerce Company

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Cubic Supplies Aircraft Training Gear

Receives Two Deals for P5 System, Which Records Flight Information

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Architectural Tour of San Diego Expands its Reach

Oh San Diego! runs March 5-12

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North Park Apartment Building Sold

Six apartments

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El Cajon Apartment Complex Sold

45 apartments

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Tuesday, March 2

Local Bankers Balance Profits and Social Impact

Despite 2020’s Challenges, Most Operations Demonstrate Unprecedented Agility

Trust Restaurant Group to Open New Steakhouse

DINING: Rare Society Solana Beach is Expected to Open in June

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Organization Helps Latinas Land Tech Careers

NONPROFIT: #LatinaGeeks Has More Than 4,000 Members

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Bag Co. On Track for Largest Revenue Year to Date

MANUFACTURING: Founder Projects Sash Group Will Reach $3.8M in 2021

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Truvian Sciences Receives $105 Million Series C Funding

LIFE SCIENCES: Financing to Support Development of Benchtop Blood Testing Tech for FDA Submission

Tommy Bahama Opens Marlin Bar

Fashion Valley Mall Gets First Retail/Restaurant Combination

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University Heights Apartment Building Sold

$2.7 million deal

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Monday, March 1

Flying on Mars


Landmark LGBTQ Theater Getting Overhaul

ARTS: $2 Million Renovation Includes New Façade, Stage

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NuVasive Acquires Artificial Disc Developer Simplify Medical

BIOTECH: Purchase Gives Company Industry Leading Innovation

Quidel QuickVue At-Home COVID-19 Test Granted FDA Authorization

The U.S. Food and Drug Administration issued an emergency use authorization for Quidel Corp.’s QuickVue At-Home COVID-19 Test on March 1.

Northrop Sees New Role for Fire Scout

Unmanned MQ-8C Helicopter Might Join Search for Submarines

Mixed-Use Project Going Up

Market-Rate Development Coming to National City's Urban Core

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Talmadge Apartments Sold

Recently renovated