Economic conference returns to Santa Clarita

The third annual Santa Clarita Economic and Real Estate Outlook conference is taking place Thursday, Feb. 21 from 2 p.m. to 5 p.m. at Hyatt Regency Valencia.

$5 million expansion for Mercedes dealership

Building a new dealership in one of the toughest recessions in history is no easy task, but Mercedes-Benz of Valencia managed to do just that.

Wine bar operator is working to reopen

Roman Holiday hopes to re-open soon, said one of its owners. The cocktail and wine bar closed Jan. 18 when two of the three partners decided to exit the business. It's currently undergoing a change in ownership, said Gunner Resendez, the third partner. Located at The Patios at the Westfield Valencia Town Center, Resendez said that while he can't give the public an exact date as to when Roman Holiday will re-open, he is working ...

Pizza restaurant betting on Santa Clarita

Feeling confident in the economy and their product, and betting on Santa Clarita, Ventura-County based Toppers Pizza is fully renovating two buildings in the city to open as restaurants later this year.

Panel helps businesses deal with healthcare reform

Affordable healthcare may not be so affordable, according to a panel of healthcare reform experts.

Film Office breaking records for productions

The city's Film Office is celebrating its 10-year anniversary this month and in a nod to its success, a spokesman with the city also announced 2012 was another "record year" for local filming.

New medical practice opens in Valencia

When the Affordable Healthcare Act takes effect in 2014, experts predict there will be a shortage of doctors to care for the nation's populace.

Head of local economic development organization honored

The head of the Santa Clarita Valley Economic Development Corporation was named one of the "40 Under 40" of economic professionals, the local organization announced Friday.

Curtis Woods to head Eternal Valley Memorial

Eternal Valley Memorial Park Mortuary has named Curtis Woods II as the new General Manager. Woods replaces Rachel Vargas who was promoted to head a Dignity Memorial location in Houston, Texas. Most recently he was general manager of Hillcrest Memorial Park and Mortuary in Bakersfield, and prior to that, general manager at Joshua Memorial Park in Lancaster, where he increased the location's satisfaction rating by 17 percent, said a spokesman for the Dignity Memorial network ...

Mimi’s Cafe chain sold

A little more than three months after the Santa Clarita Mimi's Café re-opened post-remodeling, the owner announced this week that it is selling the chain for $50 million.

Bank of Santa Clarita releases positive 2012 results

The Bank of Santa Clarita released its 2012 earnings report Monday and the market reflected the positive results. Shares are up nearly one dollar per share in the past quarter.

Local home sales have turned the corner in the real estate recovery

Santa Clarita Valley home sales increased 8.1 percent last year over 2011, marking the second consecutive year of annual gains and the highest annual sales total since 2006.

Historic shopping district welcomes another boutique

Home-décor accents and gift boutique retailer, Santa Clarita-based Ma Maison, is moving to a new location, said owner/operator Ede Eichmann.

For the love of fine wine

For years local winemakers - often amateur winemakers and hobbyists - traveled outside the Santa Clarita Valley to produce their wines.

LNR sold for $1.5 billion

A private investment firm has agreed to purchase LNR Property LLC for $1.5 billion in cash. Starwood Property Trust, and Starwood Capital Group, announced the purchase on Thursday. LNR is a diversified real estate investment, finance, management and development firm with over 550 employees located in 12 offices throughout the U.S. and Europe. Under the terms of the agreement, Starwood Property Trust will acquire a number of LNR's business segments for a total purchase price ...

Mission Valley Bank president selected to head up California Independent Bankers

Tamara Gurney, Mission Valley Bank president and CEO, has been selected as the California Independent Bankers 2013 incoming president, said a spokesman for the bank.

Williams Homes building in Santa Clarita

Williams Homes announced its latest new home development on Wednesday, which is based in Santa Clarita.

Newhall retail center sold

A Newhall retail center, Stagecoach Plaza, has sold for $8.5 million to a Los Angeles buyer.

VIA keynote speaker touts ‘lean’ and mean

The keynote speaker at the Valley Industry Association's luncheon on Tuesday said he was first introduced to the concept of lean manufacturing when his family had to make a decision between buying steel for their family operated business or putting food on the dinner table.

US housing starts surpass 1 million in March

WASHINGTON (AP) - U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.

Ocon U.S. HealthWorks VP of Tax

Ramon Ocon has been named as the Vice President of Tax for U.S. HealthWorks of Valencia.

Pegi Matsuda to head VEDC’s board

Pegi Matsuda has been appointed as the Chairwoman of the Valley Economic Development Center's board of directors, where she has served on the board for the past 10 years.

Local Boston Scientific working on back pain

Boston Scientific received U.S. Food and Drug Administration approval last week for its second generation Precision Spectra Spinal Cord Stimulator System, which controls pain.

Retailer permits are approved for Patios

Permits have been issued for a fashion accessories retailer to occupy a portion of the space where The Westfield Group had petitioned the city of Santa Clarita to locate a Walmart Neighborhood Market, said an official with the city.

Second BevMo store to open in the Santa Clarita Valley

The second Santa Clarita Valley BevMo store opens in Canyon Country April 26, said Josh Phaneuf, with BevMo.

Santa Clarita Valley office vacancies rise slightly

Santa Clarita's first-quarter office vacancy rate rose slightly as one business moved out of the area and another, smaller firm moved in.

Family-run 7-Eleven closing after 27 years

What 7-Eleven, Inc. giveth, 7-Eleven, Inc. taketh.

Homeowners in need often become victims

If a company is asking for money upfront to perform a loan modification service, that's a red flag, said a local Realtor.

Stores host block party to attract business

Sometimes it just takes a village of business owners to kick off a round of economic activity.

Median household income fell 7.3 percent in recession