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Daily Business Report: April 29, 2024, San Diego Metro Magazine

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Daily Business Report: April 29, 2024, San Diego Metro Magazine


Coming next to Downtown’s Embarcadero — a 5.7-acre

over-the-water park next to the USS Midway Museum

Freedom Park will be a tribute to San Diego’s military history

Sometime in early 2028, a 5.7-acre over-the-water park will be opened alongside the USS Midway Museum on the Downtown Embarcadero — a tribute to the San Diego region’s rich military history.

On its completion, Freedom Park will boast an array of features, including nature gardens, memorials and monuments, play elements, and concessionaires. Developed by the USS Midway Museum and the Port of San Diego, Freedom Park’s overall design will be handled by RICK, a San Diego company formerly called Rick Engineering Company.

RICK is the prime design consultant for the park and will be responsible for developing all civil engineering and landscape architecture. Sub-consultants involved on the engineering, landscape architecture team include BSE Engineering, Triton, Engineers, Ninyo & Moore, and Wimmer, Yamada & Caughey — all from San Diego, and Gallagher and Associates of Virginia Beach, Virginia.

“Visitors will enjoy the beautiful surroundings but have no idea about the complex engineering that made it all possible,” says Nick A. Dorner, RICK’s project manager for Freedom Park, responsible for the extensive coordination of the project.

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“This is among California’s most structurally complex over-the-water parks,” Dorner said. “In a typical park, engineers have unlimited space below ground to position water, sewer, electrical, communications and storm drain systems.  At Freedom Park, we have minimal space to contain all the infrastructure.  Everything must fit together seamlessly.”

Top Photo: A rendering of Freedom Park.

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Saab selects San Diego as U.S. innovation hub


Swedish defense industrial giant Saab’s U.S. subsidiary is opening an innovation hub in San Diego named Skapa, the company’s president and CEO said in an interview April 24. “We have innovation hubs in Sweden and one in the U.K, so we thought, ‘Why don’t we set something up in the U.S.?’” Saab President and CEO Micael Johansson told National Defense in a phone interview.
Skapa is Swedish for “to create, to make, to shape,” a press release said.
Having an innovation hub in the United States will pave the way for research opportunities with Saab’s U.S. customers as well as government organizations such as the Defense Advanced Research Projects Agency, Johansson said. “It will help us quickly get traction in the U.S., and that is quite attractive to us,” he added.

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State awards $120 million in tax credits to eight

companies to generate more than 2,000 full-time jobs

The state has awarded $120 million in tax credits to eight innovative companies in California that will generate more than 2,100 full-time jobs with an average annual salary of over $100,000, and bring in an estimated $15.5 billion in private investment over the next five years.

The funding, from the Governor’s Office of Business and Economic Development’s (GO-Biz) California Competes program, is going to companies expanding their operations in California and supporting the type of cutting-edge industries that the state is known for.

One of those companies is Controlled Thermal Resources, which received a $30 million tax credit to help construct a facility near the Salton Sea to sustainably extract lithium and other critical minerals from geothermal brine in Imperial County.

The other companies and their tax credit:

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Pacific Steel Group: $30 million

Moxion Power Co.: $25 million

Elve Inc.: $15 million

MicroVention Inc.: $7,500,000

Tau Motors Inc.: $7 million

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Paired Power Inc.: $3,500,000

Juanita’s Foods: $2 million

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A new California ruling tries to hold down your health care costs.

Here’s how it works

A nurse checks on a patient in the emergency room unit of Hazel Hawkins Memorial Hospital in Hollister on March 30, 2023. (Photo by Larry Valenzuela, CalMatters/CatchLight Local)

By Kristen Hwang | CalMatters

You won’t notice it right away, but a new California state agency took a major step last week toward reining in the seemingly uncontrollable costs of health care.

The Office of Health Care Affordability  approved the state’s first cap on health industry spending increases, limiting growth to 3 percent by 2029. This means that hospitals, doctors and health insurers will need to find ways to cut costs to prevent annual per capita spending from exceeding the target. Between 2015 and 2020, per capita health spending in California grew more than 5 percent each year, according to federal data.

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A board appointed by Gov. Gavin Newsom and the Legislature on April 17 approved the new regulations in a 6-1 vote.

Health and Human Secretary Dr. Mark Ghaly, who chairs the board, said the regulations recognize that Californians are struggling every day to pay for health care  and the state has a role in helping them. “We have a place in making sure it becomes more affordable,” Ghaly said.

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Carlsbad to build solar energy farm at Maerkle Reservoir

Carlsbad is working with consultants and industry experts to build a solar energy farm on 30 to 40 acres the city owns at the Maerkle Reservoir.

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The Carlsbad Municipal Water District recently completed a feasibility study and is on track to select a development partner by the end of the year, Intergovernmental Affairs Director Jason Haber said Tuesday at a meeting of the Carlsbad City Council, which oversees the water district.

The reservoir covers about 17 acres of the district’s property in a little-seen eastern corner of the city near the border with Oceanside and Vista. The photovoltaic panels would be installed on vacant property the district owns just north of the reservoir.

Up to 8 megawatts could be generated by the system, said the city’s Senior Engineer Keri Martinez. A single megawatt is to supply 650 average homes annually, according to SDG&E.

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Mahesh Krishnan elected to Halozyme’s Board of Directors

Halozyme Therapeutics Inc. announced the election of Mahesh Krishnan, M.D. to its board of directors. Dr. Krishnan has more than 20 years of experience in health care, biotechnology and health services. Dr. Krishnan currently serves as group vice president of growth at DaVita Inc., one of the largest providers of kidney care services in the U.S. He was co-lead of the DaVita Venture Group, where he oversaw strategic partnerships in technology and research and development within the organization.

Sempra named a Best Employer for Diversity by Forbes

Sempra has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot on the annual list recognizing strong workforce development and employee engagement practices. The Best Employers for Diversity 2024, presented by Forbes and Statista Inc., were identified in an independent survey from a sample of over 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S.

Cetera names Michael Molnar head of corporate development

Cetera Finanial Group, he premier financial advisor Wealth Hub, has named Michael Molnar its head of corporate development. Molner, a Wall Street veteran who has been a buy-side investor, an investment banker and a sell-side analyst, previously led corporate development, M&A and succession planning for Avantax Inc., acquired by Cetera Holdings in November 2023. Molnar orchestrated more than 20 acquisitions that helped nearly double the size of Avantax’s employee-based RIA.

Finopotamus launches the 2024-25 Payments Industry Leaders Forum

Finopotamus, the only online resource providing in-depth technology coverage exclusively to credit unions, announced the launch of the inaugural Payments Industry Leaders Forum, the second in a Finopotamus series of knowledge portals focused on key industry topics. The publication’s first offering, the Digital Banking Industry Leaders Forum, was launched in Q4 of 2023. Finopotamus was created by industry veterans W.B. King, John San Filippo, and Roy Urrico.

Provisio Medical announces FDA clearance of Provisio SLT IVUS system

Provisio Medical announced FDA clearance of the Provisio SLT IVUS System. Sonic Lumen Tomography (SLT) technology addresses a critical unmet need for vascular specialists by providing automatic, real-time, accurate, numeric measurements of the flow lumen of blood vessels without the complexities of image interpretation. Provisio Medical’s catheter is the world’s first integrated intravascular imaging and support crossing catheter and enables vessel lumen measurement and visualization simultaneously.

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Alaska Airlines expands presence in Southern California

Alaska Airlines is expanding service at two of its major hubs in Southern California with new routes and additional capacity to popular West Coast destinations as part of the carrier’s ongoing commitment to growth in the state. It will add its 39th nonstop destination from San Diego with service to Las Vegas. It also will start new service between Los Angeles and Pasco, and bring back guest favorite Los Angeles to Reno.

COOLA celebrates 20 years of innovation

COOLA has been creating organic, innovative suncare for 20 years. As sunscreen and skincare consumers have evolved, COOLA is making a move to ensure its packaging fully represents its future. Building beyond its lifestyle-brand legacy, COOLA is looking to reflect its expertise and superiority in SPF by revealing a brand-new look that conveys its focus on efficacy and innovation while still embracing its organic, Southern California heritage.

Polaris unleashes lineup of cordless cleaners to meet every need

Polaris, the leading manufacturer of premium automatic pool cleaners, has added to its robotic offering with a new lineup of cordless cleaners to accommodate any backyard pool or spa. The Polaris Freedom, which debuted last spring, was the first Cordless Robotic Pool Cleaner launched by the iconic brand. Now Polaris builds on the success of FREEDOM with the advanced FREEDOM Plus, PIXEL and the groundbreaking new Spabot cleaners.

LUXE Bidet named Hermes Creative Awards 2024 Gold winner

LUXE Bidet, the #1 bidet attachment provider in America, shared its recent success at the esteemed Hermes Creative Awards for its project “LUXE Bidet – Good Clean Fun,” featuring a host-read with Conan O’Brien. The company’s advertisement, led by Conan O’Brien, has been honored as a 2024 Gold Winner, signifying a remarkable achievement in creative excellence and industry recognition. LUXE Bidet celebrates winning the 2024 Hermes Creative Gold Award for its exceptional bidet attachment project.

Oberon Fuels and Sunvapor commission solar steam project

Oberon Fuels, a renewable fuels producer, and Sunvapor, a renewaboe heat provider, commissioned a solar steam project under the first purchase agreement in the U.S. for industrial solar steam. This agreement will eliminate upfront capital requirements to deploy solar steam, while enabling Oberon to as much as double output capacity and slash the carbon intensity of renewable fuels — critical for industrial customers seeking renewable fuels to achieve pressing net-zero commitments.

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Wildcat receives 100th patent for battery materials innovation and technology

Battery materials pioneer Wildcat Discovery Technologies announced it received its 100th patent, reinforcing its industry-leading innovation and advancing its strategy for U.S.-based cathode materials manufacturing. Wildcat has been developing battery materials since 2006 and plans to build a plant in the United States to manufacture lithium iron phosphate (LFP) in late 2026, lithium manganese iron phosphate (LMFP) in 2027, and disordered rock salt (DRX) in 2028. The company has received patents for cathode active materials (CAM) innovations, novel electrolytes and anodes, and various other battery-related technologies.



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Southern California’s Jewish community reacts to war in the Middle East

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Southern California’s Jewish community reacts to war in the Middle East


The Jewish community in Southern California is sharing their fears and hopes following the weekend’s strikes on Iran and retaliatory attacks on Israel, U.S. military bases and other targets in the Middle East.

The exchange of missiles in the Middle East is having a devasting effect on Iran’s defense capability, but retaliatory strikes in the region are taking a toll. 

“Weapons of enormous capacity that are targeting civilian areas,” said Elan Carr, CEO of Los Angeles-based Israeli American Council.

Carr says toppling the Iranian regime, taking out its nuclear capabilities and freeing the Iranian people from this oppressive rule should have been done decades ago.

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“This is about seeing the most evil regime, the world chief state sponsored terrorism to no longer have the ability to do what it’s been doing,” Carr said.

Sara Brown, regional director of the American Jewish Committee, said the U.S. and Israel are concentrating strikes on Iran’s missile sites and military industrial complex. Iran’s retaliatory strikes are focused on many civilian targets.

“We are hearing from our partners from around the region, who are terrified,” Brown said. “Across the Middle East right now, I think there is a tremendous amount of fear, but also hope and also resolve.”

AJC is the advocacy arm for Jewish people globally. Many members and partner groups are in harm’s way. Brown says the risk is great, but the potential reward is world changing.

“That Iranian people will get to choose leadership for themselves, that we will finally see a pathway forward for peace across the Middle East,” Brown said.

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If wars of the past hadn’t produced lasting peace, then why now? Carr says Iran’s nuclear capabilities are destroyed and Iran’s military and proxies are weakened after Israel’s response to the Oct. 7 Hamas ambush.

“No more terrorist network throughout the Middle East. Think of what that could mean. Think of the normalization we could see,” Carr said.

President Donald Trump expects fighting to last several weeks. Some critics are concerned about a drawn-out conflict that could spread.

Carr is not convinced.

“Who is going to enter a war against the U.S. and Israel? Russia is plenty busy. China has no interest in jeopardizing itself this way,” Carr said.

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Besides the six Americans killed as of Monday night, government officials say 11 people were killed in retaliatory strikes in Israel.



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San Diego Zoo Safari Park’s Elephant Valley: Get closer to elephants

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San Diego Zoo Safari Park’s Elephant Valley: Get closer to elephants


San Diego — Before we see elephants at Elephant Valley in the San Diego Zoo Safari Park, we come face to face with destruction, only the wreckage is beautiful. A long, winding path takes guests around and under felled trees. Aged gray tree hunks form arches, for instance, over bridges that tower over clay-colored paths with hoof prints.

The design is meant to reorient us, to take us on a trail walked not by humans but traversed and carved by elephants, a creature still misunderstood, vilified and hunted for its cataclysmic-like ability to reshape land, and sometimes communities.

“It starts,” says Kristi Burtis, vice president of wildlife care for the Safari Park, “by telling the story that elephants are ecosystem engineers.”

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Elephant Valley will open March 5 as the newest experience at the Escondido park, its aim to bring guests closer than ever to the zoo’s eight elephants, which range in age from 7 to 36, while more heavily focusing on conservation. The centerpiece of the 13-acre-plus parkland is a curved bridge overlooking a savanna, allowing elephants to walk under guests. But there are also nooks such as a cave that, while not previewed at a recent media event, will allow visitors to view elephants on their level.

In a shift from, say, the Safari Park’s popular tram tour, there are no fences and visible enclosures. Captive elephants remain a sometimes controversial topic, and the zoo’s herd is a mix of rescues and births, but the goal was to create a space where humans are at once removed and don’t impede on the relative free-roaming ability of the animals by keeping guests largely elevated. As an example of just how close people can get to the herd, there was a moment of levity at the event when one of the elephants began flinging what was believed to be a mixture of dirt and feces up onto the bridge.

“Our guests are going to be able to see the hairs on an elephant,” Burtis says. “They can see their eyes. They can see the eyelashes. They can see how muscular their trunks are. It’s really going to be a different experience.”

Elephant Valley, complete with a multistory lodge with open-air restaurants and bars, boasts a natural design that isn’t influenced by the elephant’s African home so much as it is in conversation with it. The goal isn’t to displace us, but to import communal artistry — Kenyan wood and beadwork can be found in the pathways, resting spaces and more — as a show of admiration rather than imitation.

“We’re not going to pretend that we’re taking people to Africa,” says Fri Forjindam, now a creative executive with Universal’s theme parks but previously a lead designer on Elephant Valley via her role as a chief development officer at Mycotoo, a Pasadena-based experiential design firm.

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“That is a slippery slope of theming that can go wrong really fast,” she adds. “How do we recognize where we are right now, which is near San Diego? How do we populate this plane with plants that are indigenous to the region? The story of coexistence is important. We’re not extracting from Africa, we’re learning. We’re not extracting from elephants, we’re sharing information.”

But designing a space that is elephant-first yet also built for humans presented multiple challenges, especially when the collaborating teams were aiming to construct multiple narratives around the animals. Since meetings about Elephant Valley began around 2019, the staff worked to touch on themes related to migration and conservation. And there was also a desire to personalize the elephants.

“Where can we also highlight each of the elephants by name, so they aren’t just this huge herd of random gray creatures?” Forjindam says. “You see that in the lodge.”

That lodge, the Mkutano House — a phrase that means “gathering” in Swahili — should provide opportunities for guests to linger, although zoo representatives say reservations are recommended for those who wish to dine in the space (there will also be a walk-up, to-go window). Menus have yet to be released, but the ground floor of the structure, boasting hut-like roofing designed to blend into the environment, features close views of the elephant grazing pool as well as an indoor space with a centerpiece tree beneath constellation-like lighting to mimic sunrises and sunsets.

Throughout there are animal wood carvings and beadwork, the latter often hung from sculptures made of tree branches. The ceiling, outfitted with colorful, cloth tapestries designed to move with the wind, aims to create less friction between indoor and outdoor environments.

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There are, of course, research and educational goals of the space as well. The Safari Park works, for instance, with the Northern Rangelands Trust and Loisaba Conservancy in Kenya, with an emphasis on studying human-elephant conflict and finding no-kill resolutions. Nonprofits and conservation groups estimate that there are today around 415,000 elephants in Africa, and the African savanna elephant is listed as endangered by the International Union for Conservation of Nature.

Studies of the zoo’s young elephants is shared with the Reteti Elephant Sanctuary in the hopes of delivering care to elephant youth to prevent orphanage. Additionally, the Safari Park has done extensive examination into the endotheliotropic herpes virus. “The data that we collect from elephants here, you can’t simply get from elephants in the wild,” Burtis says.

One of the two entrances to Elephant Valley is outfitted with bee boxes; bees are known to be a natural elephant deterrent and can help in preventing the animals from disrupting crops or communities. To encourage more natural behavior, the plane is outfitted with timed feeders in an attempt to encourage movement throughout the acreage and establish a level of real-life unpredictability in hunting for resources. Water areas have been redesigned with ramps and steps to make it easier for the elephants to navigate.

With Elephant Valley, Forjindam says the goal was to allow visitors to “observe safely in luxury — whatever that is — but not from a position of power, more as a cohabitor of the Earth, with as much natural elements as possible. It’s not to impose dominance. Ultimately, it needed to feel natural. It couldn’t feel like a man-made structure, which is an antiquated approach to any sort of safari experience where animals are the product, a prize. In this experience, this is the elephant’s home.”

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And the resulting feel of Elephant Valley is that we, the paying customers, are simply their house guests.



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Man fatally struck by hit-and-run vehicle in San Diego

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Man fatally struck by hit-and-run vehicle in San Diego


A man in the Mission Bay Park community of San Diego was fatally struck Sunday morning by a hit-and run vehicle, authorities said.

The victim was also struck by a second vehicle and that motorist stayed at the scene to cooperate with officers, the San Diego Police Department reported.

The initial crash occurred at about 2:20 a.m. Sunday in the area of West Mission Bay and Sea World drives.

The pedestrian was in the southbound lanes of the 2000 block of West Mission Bay Drive when he was struck by a silver vehicle also in the southbound lanes. That vehicle fled the scene, continuing southbound, police said.

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A 28-year-old man driving his vehicle southbound ran over the downed pedestrian.

“That driver remained at the scene and is not DUI,” according to a police statement. “The pedestrian was pronounced deceased at the scene.”

Anyone with information regarding the initial crash was urged to call Crime Stoppers at 888-580-8477.



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