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 ...

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

SBDC has a record year

The Santa Clarita-based Small Business Development Center had its most successful year to date in 2012, according to the business assistance center on Wednesday.

Enterprise Zone audit reveals no major flaws

An exhaustive five-day audit of Santa Clarita's Enterprise Zone resulted in the program being given a green light with regards to running of the program and credits granted.

Santa Clarita: SBDC Annual Report Highlights Clients' Small Business Success

SANTA CLARITA - In 2012, the Small Business Development Center (SBDC) hosted by College of the Canyons experienced its most successful operational year to date, with SBDC assisted clients combining to start 53 new small businesses and create or retain 937 local jobs.

U.S. HealthWorks appoints new VP of sales

Jeanne Osterlund has been promoted to Vice President of Sales at Valencia-based U.S. HealthWorks.

Kaiser Permanente expanding its practice

Kaiser Permanente first opened its doors to Santa Clarita residents in 1994. But in October 2012, the integrated managed care medical group purchased a second building in Valencia.

AAF 2013 ADDY Award Winners are announced

Several local companies won ADDY awards last week from the American Advertising Federation's Los Angeles North chapter.

Lean manufacturing to be discussed

Lean Manufacturing is the topic at the Valley Industry Association business luncheon on April 16.

Princess Cruises’ newest ship is floated out

Construction of Princess Cruises' newest ship, "Regal Princess," reached a milestone Friday when the cruise ship was floated out of its building dock at Fincantieri shipyard in Italy.

New name, focus for construction company

When 23-year-old Jim Coffey started Jimco Electrical Construction in 1988, he had little more than a pickup truck to work out of, a couple years of on-the-job training and a buzz of enthusiasm for electrical construction.

Retailer says buying habits have shifted

First opened in 1972, retailer Bouquet Auto Parts has been a part of the economic changes and trends in Santa Clarita for over 40 years, said its co-owner, Owen Powell.

Office vacancies fall

The economic snapshot report for December 2012 was released by the Santa Clarita Valley Economic Development Corporation – or SCVEDC – on March 21.

U.S. HealthWorks appoints Strickland national director

Scott Strickland has been appointed as National Director of Therapy Services for Valencia-based U.S. HealthWorks.

Purchasing a home can be tricky these days

Editor's Note: This is the last of a two-part series on the local real estate market. Last Sunday's story focused on the homeowner, or seller. Today's story focuses on the buyer.