Business

Business
5:58 pm
Tue March 24, 2015

Possible changes on the way for restaurant and other concessions at Morro Bay State Park marina

The Bayside Cafe and other facilities managed in the Morro Bay State Park marina have been operating under a concessions contract that expired in 1993.
Credit Flickr member brian washburn

California State Parks and the City of Morro Bay's Harbor Advisory Board are considering plans for new development and management at the Morro Bay State Park marina.

The current facilities, including the Bayside Cafe, are operated through a concession contract that expired more than 20 years ago.

A meeting to collect public comment is scheduled for April 2, 2015 at 6:00 p.m. in the Morro Bay Veteran's Memorial Hall.

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Business
4:00 pm
Fri March 20, 2015

Specialized manufacturing plays growing role in Central Coast economy

Lab work and testing being done at Trust Automation in San Luis Obispo, Calif.
Credit Ty Safreno, Trust Automation

The specialized manufacturing sector of the San Luis Obispo County economy accounts for 2.27 percent of the jobs in the area, but according to number from the Economic Vitality Corporation (EVC), those jobs come with an average pay-scale higher then most other industries — $65,855.

While relatively small, the sector is growing. The latest numbers show it grew seven percent from 2008 to 2014.

GUESTS:

Ty Safreno, CEO and co-owner of Trust Automation, Inc., is the co-chair of EVC's Specialized Manufacturing Council.

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Business
2:34 pm
Mon March 9, 2015

Avila Beach population could triple if housing proposal is approved

Wild Cherry Canyon, looking toward Port San Luis and Pismo Beach.
Credit Kara Woodruff

As many as 1,500 homes could be built at Wild Cherry Canyon near Avila Beach if a new, controversial proposal gets approval. Avila Beach residents and supporters of the Wild Cherry Canyon conservation effort are upset over the potential housing development that could triple the size of the small beach town's population.

Kara Woodruff spearheaded the Wild Cherry Canyon protection effort and says she has concerns about issues surrounding water availability, sensitive habitat, and traffic.

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Business
10:45 am
Fri March 6, 2015

Developers explain the inspiration behind historic Long-Bonetti Ranch project in SLO

Artist rendering of the finished SLO Public Market on the historic Long-Bonetti Ranch property in San Luis Obispo.
Credit PB Companies

The recent passage of the City of San Luis Obispo’s update to the General Plan—known as the LUCE, or Land Use and Circulation Elements—opened the door for several large development projects to move forward.

One of the those is a $16.5 million project that sits at the intersection of South Higuera and Tank Farm Road, called the SLO Public Market.

Some long-time locals may know the parcel as the historic Long-Bonetti Ranch.

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Business
6:30 pm
Wed March 4, 2015

New development could be game changer for Guadalupe's future

A Central Coast city on the verge of insolvency last fall, now has a much brighter future according to those in charge.

A major housing development broke ground Wednesday in the City of Guadalupe. When finished, it could boost the city's population from roughly 7100 to above the 10,000 mark.

The total development is on more than 200 acres and will include 800 homes and will be built in stages over 10 to 15 years.

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Business
12:13 pm
Sun February 15, 2015

Famous Hollywood family launches full-service movie studios on the Central Coast

Credit Jessica Dieny

Todd Fisher, the son of Hollywood icon Debbie Reynolds and the brother of Star Wars actress Carrie Fisher, recently went public with a high-end production company on the Central Coast. The Hollywood Motion Picture Experience (HMPE) is located in the small San Luis Obispo County town of Creston.

Fisher is the co-founder and chief creative officer of the full production and post-production house that he built on his secluded, self-sustaining, solar-powered ranch.

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Business
10:41 am
Tue January 27, 2015

GoDaddy CEO tweets Super Bowl puppy ad will be pulled from Sunday's broadcast

Buster the puppy featured in the Super Bowl ad pulled by GoDaddy.com
Credit GoDaddy 2015 Super Bowl ad still from "Journey Home"

Internet website giant GoDaddy.com is pulling the puppy ad it released Tuesday on YouTube, after a strong backlash of comments from people who support pet adoption and rescue.

"Thank you @animalrescuers for the candid feedback," tweeted company CEO and San Luis Obispo resident Blake Irving early Tuesday afternoon. "What should have been a fun and funny ad clearly missed the mark and we will not air it."

The YouTube posting of the clip was shifted to "private" Tuesday afternoon as well.

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Business
6:28 pm
Thu January 22, 2015

Montecito's Miramar Hotel project passes Planning Commission vote

Developer Rick Caruso wants to build an updated resort where the abandoned blue-roofed Miramar Hotel once stood.
Credit Flickr member Damian Gadal

Plans to re-establish Montecito's Miramar Hotel now have a green light from the local planning commission.

The approved project is smaller than what was originally proposed, and as of Thursday, there was no word on whether developer Rick Caruso plans to move forward with the modified design.

If Caruso Affiliated does continue with the project, it would still needs to go through an appeals period and will also need approval from the Board of Architectural Review. There is no requirement for a Santa Barbara County Board of Supervisors vote, unless it's appealed to that body.

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Business
6:51 pm
Wed December 10, 2014

National survey: Employees rank Central Coast company among the best Top Ten tech firms

A Central Coast company is considered one of the Top Ten tech firms to work for in the United States. San Luis Obispo-based MindBody made the ranking on a survey by the employment website GlassDoor.

Company Co-Founder and Cal Poly alum Rick Stollmeyer says they're thrilled about the survey's results.

He says MindBody represents a growing trend of new firms choosing San Luis Obispo as their base.

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Business
4:56 pm
Thu December 4, 2014

New study shows women gaining in business, but California Senator says more progress needed

A speaker addresses a crowd at the Professional Business Women of California conference.
Credit http://pbwcconference.org/

A study released Thursday shows women in business have made some progress in serving on boards and securing high paid positions in California.

State Senator Hannah-Beth Jackson says its a top goal of hers to increase the percentage of business women in leadership positions. She authored a resolution last year—the first-of-its-kind in the nation—urging California's 400 largest publicly-held corporations to do just that.

The UC Davis study shows only about one-in-nine top executives or board members are women, a slight increase over the previous year.

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Business
5:45 pm
Thu October 9, 2014

San Luis Obispo's airport pushing for $20 million expansion grant

San Luis Obispo Regional Airport

The San Luis Obispo Regional Airport is looking to quadruple its current terminal space with the help of $20 million in federal grant money.

Airport General Manager Kevin Bumen says he'll request permission from the county Board of Supervisors later this month to move forward with the grant proposal.

Should the FAA approve the request for money, the project could start moving forward as early as next spring.

Bumen says now is a good time to focus on airport expansion for the county.

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Business
6:27 pm
Wed September 24, 2014

Chumash Resort ready to start construction on 12 story hotel, casino expansion

Santa Ynez Band of Chumash Indians

Construction on a new 12 story hotel and casino expansion at the Chumash Resort in the Santa Ynez Valley is set to begin next month.

The tribe announced their plans this week for the project, following a period of conversations with county leaders. There has been local concern over the building's height, as well as potential strain on county resources like fire and law enforcement.

Tribal leaders say the project is expected to be complete sometime in 2016.

Business
5:33 pm
Fri September 19, 2014

Marketplace Morning Report Comes To Morning Edition

Starting on Monday, September 22, American Public Media's Marketplace Morning Report will be featured daily as part of Morning Edition, broadening the reach of this robust business segment.

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Business
5:46 pm
Wed September 17, 2014

Pismo Beach hotel plans move forward with unanimous council vote

Artist rendering of the 104 room hotel set to be built adjacent to the Pismo Beach pier.

Plans to build a large hotel next to the Pismo Beach pier are moving forward after a unanimous vote Tuesday night by the City Council.

The plans had previously been approved by the Planning Commission, but the project was appealed last month by residents forcing it to be heard by the council.

The 104-room hotel has plans for a rooftop pool, restaurant and commercial retail space. There is also a business center and convention space.

Underground parking remains part of the plan, but had some adjustments made by the council.

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Business
4:53 pm
Tue August 19, 2014

Home prices jump along the Central Coast, but total number sold is down

Santa Barbara, San Luis Obispo, and Monterey Counties all saw the median price for homes jump significantly in the latest year-over-year sales figures.

San Diego-based DataQuick says Santa Barbara and San Luis Obispo Counties had gains of more than eight percent, while Monterey County jumped nearly 12 percent for July.

The year-over-year number of homes sold is down in all three counties with Santa Barbara County seeing the largest drop.

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