Ventura County Red Cross seeks LEED
With its environmentally friendly new headquarters, the American Red Cross of Ventura County is now the first chapter in the country to go green. “Operating green allows the Red Cross to provide for our clients in a variety of ways,” said Chris Johnson, chief executive officer of the American Red Cross of Ventura County. “Aside Read More →
These cuts will wilt small businesses
With Gov. Arnold Schwarzenegger cutting $5 billion in direct spending to avert insolvency, it is clear that California’s budget crisis will now have a direct and large cost to area businesses. Thousands of retail shops and restaurants across the Tri-Counties will feel an impact from the cuts. Ditto contractors and businesses that provide services to Read More →
Westlake Medical Center 80% pre-leased after $1M renovation
The million-dollar renovation of the Westlake Medical Center has been completed, and 80 percent of the building’s space has been pre-leased. The two-story, 30,000-square-foot Westlake Medical Center is located within an established medical environment on Agoura Road in Westlake Village. Tony Principe, president of Westlake Village-based Westcord Commercial Real Estate Services, marketing agent for owners Read More →
How small cities can avert disaster
The budget tsunami that’s hit California in the wake of the May 19 vote will take its heaviest toll on smaller cities. Without big industries such as technology or entertainment to cushion the blow, smaller communities will face increased taxes and a money grab by the state to fill budget coffers. In the Central Valley Read More →
A fix for fairgrounds
Ventura County Fairgrounds folks have pushed back hard against Gov. Arnold Schwarzenegger’s plan to sell off the fairgrounds to the highest bidder. But attention focused on this prized piece of real estate does raise a multi-million dollar question: What is the future of one of the most valuable pieces of oceanfront property in the Pacific Read More →
Power-One to shut facility
Camarillo-based Power-One announced plans May 27 to close its Dominican Republic facility by the end of the first quarter in 2010. The facility in the Dominican Republic employs about 900 people who manufacture the company’s custom and standard AC-DC and DC-DC product lines. Severance and other closure costs are expected to be approximately $13 million Read More →
Amgen pays $50M for drug
rld’s largest biotechnology company, paid $50 million for rights to Cytokinetics’ experimental heart-failure drug. Cytokinetics, based in San Francisco, saw its shares rise 33 percent in Nasdaq trading May 26 after the deal was announced. Amgen exercised an option that makes it responsible to develop and sell the drug, CK-1827452, the companies said in a Read More →
