Due to an expired lease, Riverside will move its Eastside branch library. The SPC. Jesus S. Duran Eastside Library will leave a Chicago Avenue commercial center and set up residence at the community center at Lincoln Park, according to a statement on the city’s website. The library’s lease at 4033-C …
Read More »Strong March for Inland manufacturing
At least for now, Inland Empire manufacturing is in excellent shape. The region’s purchasing managers index was 65.7 in March, up 5.7 month-over-month and the sixth consecutive month of expansion, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Manufacturing in Riverside and San …
Read More »Riverside industrial facility sells for $257 million
A 900,000-square-foot warehouse-distribution facility in Riverside has been sold for $257 million. Built in 2019, the building at 21600 Cactus Ave. was sold by BlackRock, a global asset management firm, to Burlington Distribution, an affiliate of Burlington Stores, according to a statement. Colliers represented Burlington Distribution, and CBRE represented BlackRock, …
Read More »Moreno Valley embraces AI
Moreno Valley has begun using a translation service powered by artificial intelligence. Wordly provides audio-to-text translation at public meetings and other events, according to a statement on the city’s website. “By leveraging AI translation, Moreno Valley is modernizing its public services and reinforcing its dedication to accessibility and community engagement,” …
Read More »New Park for Chino
Chino recently opened its first park in 20 years. Chino Rancho Park, 5325 Phillips Blvd., opened to the public during a recent visit ceremony, according to a statement on the city’s website. Mayor Ulloa and the city council were joined by U.S. Rep. Norma Torres, D-Ontario, and Supervisor Curt Hagman …
Read More »Center for Entrepreneurship Director, gives thumbs up to 2024
Mike Stull, director of the Inland Empire Center for Entrepreneurship at Cal State San Bernardino, says 2024 was a good year for the nonprofit that helps grow businesses in Riverside and San Bernardino counties. With an annual budget of $4 million to $5 million, the center helps people create a …
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IE Business Daily Business news for the Inland Empire.