San Diego Business News

Finance
San Diego County Unemployment Rate Declines Slightly
News Summary San Diego County’s unemployment rate fell to 5% in August, down from 5.2% in July. Despite the decrease, the rate is still higher than both the national average...
San Diego to Increase Valet Parking Fees, Impacting Businesses
News Summary San Diego is poised to significantly raise valet parking fees as part of a parking reform initiative aimed at addressing a budget deficit. The proposed tiered fee structure...
Gas Prices Rise in San Diego County
News Summary Gas prices in San Diego County have reached an average of $4.699 per gallon, marking the highest price since June 2022. Over the last month, prices have increased...
Surge in San Diego Commercial Real Estate Investments
News Summary San Diego’s commercial real estate market is experiencing a notable increase in investment activity, despite fluctuating vacancy rates. Recent transactions highlight a vibrant office market with significant sales,...
Subscription Rate Increases Alarm San Diego Union-Tribune Readers
News Summary Several subscribers of the San Diego Union-Tribune, notably senior citizens, have reported significant increases in their subscription rates without prior notification. Reports highlight drastic hikes, with one subscriber’s...
Local Resident Raises Concerns Over Newspaper Price Hikes
News Summary A San Diego resident is alarmed by the steep increase in subscription prices for the Union-Tribune newspaper, specifically affecting elderly customers. Mike Bonk discovered that his 90-year-old mother’s...
San Diego Implements New Parking Regulations
News Summary San Diego is introducing new parking regulations that will eliminate free metered parking on Sundays in Pacific Beach, Midtown, Uptown, and Downtown. The city council’s reforms aim to...
Significant Drop in Venture Capital Investments in San Diego County
News Summary San Diego County has witnessed a 35% decline in venture capital investments for startups in the second quarter of 2025, marking the third consecutive quarter of reduced funding....
San Diego County Property Values Rise Amid Economic Challenges
News Summary San Diego County’s property landscape is evolving, with the assessed value of taxable property reaching $806 billion, reflecting a 4.95% increase. While this growth is notable, it’s a...
Construction
Surge in San Diego Commercial Real Estate Investments
News Summary San Diego’s commercial real estate market is experiencing a notable increase in investment activity, despite fluctuating vacancy rates. Recent transactions highlight a vibrant office market with significant sales,...
San Diego to Transform Old Library into Affordable Housing
News Summary San Diego’s City Council has approved plans to redevelop the vacant old Central Library into affordable housing as part of a broader initiative to address local housing shortages....
Dexcom Announces Layoffs Impacting 350 Employees
News Summary Dexcom, based in San Diego, has announced layoffs affecting 350 employees, equating to 3% of its workforce. The move is part of a restructuring strategy focused on enhancing...
Transformative Midway Rising Project Planned for San Diego
News Summary The Midway Rising project will reshape San Diego with a new 16,000-seat stadium, affordable and market-rate housing, retail spaces, and public parks. Developed by Chelsea Investment Corporation, Legends,...
San Diego Proposes Major Zoning Law Changes
News Summary San Diego’s latest proposals for zoning law updates aim to enhance outdoor dining options, allow new housing developments, and tighten regulations on vacation rentals and cannabis signage. The...
San Diego Congress Members Warn of $2,400 Impact from Tariffs
News Summary San Diego Congress Members Scott Peters and Sara Jacobs raised concerns about the financial burden of nearly $2,400 on average households due to tariffs imposed by the Trump...
Best ERP for Commercial Construction in San Diego, CA | 2025 Case Study
San Diego, CA, Aug 5, 2025 Best ERP for Commercial Construction Firms in San Diego, CA: Enhance Project Management with CMiC ERP For commercial construction firms in San Diego, CA, managing...
San Diego Opens New Development Services Headquarters
News Summary San Diego has unveiled its new Development Services headquarters located in Mission Valley. This facility, operational from July 30, 2025, accommodates over 500 city employees and enhances public...
San Diego City Council Approves Housing Complex at 101 Ash St
News Summary The San Diego City Council has unanimously approved a 60-year lease for the 101 Ash St. building, intending to transform the uninhabitable tower into affordable housing. Aiming for...
Real Estate & Properties
San Diego County Home Prices Stagnant Amid Low Sales
News Summary In San Diego County, the median home price remains steady at $900,000 for the fifth consecutive month amid a significant decline in home sales. In July, only 2,357...
Ms. Peggie’s Place Faces Closure Due to Rent Hike
News Summary Ms. Peggie’s Place, a cherished miniature and dollhouse supply store in Pacific Beach, CA, is at risk of closure after over 22 years in business due to a...
Surge in San Diego Commercial Real Estate Investments
News Summary San Diego’s commercial real estate market is experiencing a notable increase in investment activity, despite fluctuating vacancy rates. Recent transactions highlight a vibrant office market with significant sales,...
San Diego to Transform Old Library into Affordable Housing
News Summary San Diego’s City Council has approved plans to redevelop the vacant old Central Library into affordable housing as part of a broader initiative to address local housing shortages....
San Diego’s Old Central Library Set for Affordable Housing Redevelopment
News Summary San Diego’s historic old Central Library is slated for redevelopment, aimed at creating affordable housing. Closed since 2013, the library will undergo a transformation to address the city’s...
San Diego County Sees Home Sales Growth Amid Statewide Decline
News Summary San Diego County is experiencing a rise in home sales, reporting a 3.8% increase in July, contrary to California’s overall decline in real estate activity. While the state...
Nordstrom Rack to Open New Store in Encinitas, CA
News Summary Nordstrom Rack is set to launch a new retail outlet in Encinitas, California, in the spring of 2026. The 24,000-square-foot store will be located in the El Camino...
San Diego County Property Values Rise Amid Economic Challenges
News Summary San Diego County’s property landscape is evolving, with the assessed value of taxable property reaching $806 billion, reflecting a 4.95% increase. While this growth is notable, it’s a...
Encinitas Ranked Seventh in U.S. for Home Values
News Summary Recent data from Zillow shows that Encinitas has been ranked as the seventh highest city in the U.S. for home values, with an average home price exceeding $1.8...
Marketing
Spring Valley Plumbing Contractor Fined for Fraud
News Summary Daniela G. Birdwell, owner of GPS Plumbing in Spring Valley, was fined $1,030,062 for underreporting workers’ compensation payments. Following an audit by the State Fund, discrepancies in worker...
The Shipyard Expands to San Diego with New Headquarters
News Summary The Shipyard, a successful advertising agency, has officially opened its new headquarters in San Diego, California. Led by new managing partner Tammy Haughey, the agency aims to enhance...