A state assembly bill would make it easier to convert empty office space into housing. If passed, AB 1532 would make it easier to get exemptions from the California Environmental Quality Act, while waiving impact fees not directly related to an office-to-housing conversion project, according to the bill’s text. Also, …
Read More »Home prices grow, but at a slower rate
The growth in U.S. home prices continued to decline in January, according to data released this week. Prices grew 5.5 percent year-over-year during the first month of the year, that number marked the ninth consecutive month that price growth nationwide was lower than one year earlier, Irvine-based CoreLogic reported. “While …
Read More »Major industrial project to be developed near speedway
A 6.6-million-square-foot logistics facility is being planned near Auto Club Speedway in Fontana. The ACS Logistics Center will be developed on land purchased last month by Hillwood Investment Properties and CBRE Investment Management, according to Corion Properties. Santa Monica-based Corion Properties helped negotiate that transaction. Hillwood Investment Properties is a …
Read More »Conference to showcase high school entrepreneurs
More than 1,200 Inland Empire high school students are expected to participate March 10 in the Virtual Enterprises’ Inland Empire Regional Conference and Exhibition at Cal State San Bernardino. The event, sponsored by the Inland Empire Center for Entrepreneurship, will feature students who run virtual businesses from their classroom, according …
Read More »Norco ready to battle proposed state animal waste law
The city that calls itself “Horsetown USA” is up in arms about a proposed state law that it believes could seriously disrupt its way of life. AB 233, sponsored by Assemblywoman Lori Wilson, D-Suisun City, would require anyone riding a horse to collect and dispose of any waste produced by …
Read More »ONT bond rating is upgraded
Ontario International Airport’s long-term revenue bond rating has been raised from A minus to A by S&P Global Ratings. That upgrade is being attributed to the airport’s “substantial recovery” from the pandemic, specifically its large cash reserves and its current maintenance of pre-pandemic passenger rates, according to a statement on Ontario …
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