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San Diego Booming: Tech Investments, New Restaurants, and Padres Record Sale

San Diego Booming: Tech Investments, New Restaurants, and Padres Record Sale

Published 2 weeks, 6 days ago
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Good morning, this is San Diego Local Pulse for Saturday, April 4th.

We're starting off with some big economic news for our region. San Diego saw over a billion dollars invested in the first quarter of this year, and that momentum is showing no signs of slowing down. The San Diego Business Journal reports that several major companies are expanding here, including Shield AI, which just raised a billion and a half dollars in new funding. Meanwhile, biotech company RyboDyn landed ten million dollars to advance their work on what scientists call the dark genome. It's the kind of growth that's putting our city on the national map for innovation and entrepreneurship.

On the real estate front, listeners should know that San Diego and Chula Vista are among the highest income communities needed to live comfortably in California right now. If you're thinking about making a move in our area, that's something to factor into your plans. The good news is that there's a new tool now tracking affordable housing inventory across San Diego County, so organizations are working to address the shortage.

Speaking of new spots, we've got some fresh dining options opening up. Former Major League Baseball player Adrian González is opening a new restaurant called Tres Dos Tres in Chula Vista, focusing on affordable Mexican food and community support. And up in North Park, an LA-based restaurant called Bacquiri is making its San Diego debut.

For our sports fans, the Padres continue to make headlines. According to multiple reports, San Diego's baseball team is set to fetch a record sale price of three and a half billion dollars. There's also legislative action happening at the federal level. Senator Bernie Sanders introduced the Home Team Act in the Senate, which would require owners to give cities a year's notice before relocating teams, essentially giving San Diego another shot at keeping the Padres here.

On the weather front, we're looking at cooler temperatures moving in today with a chance of light rain. The National Weather Service is calling for temperatures about five to fifteen degrees above average before that cooling trend sets in. It's a good day to enjoy some outdoor activities while we can.

Coming up tomorrow, the Urban Collaborative Project is hosting their fifth annual Transportation Justice Expo at Market Creek Plaza from ten in the morning to two in the afternoon. It's a celebration of community leadership and environmental justice in some of our most diverse neighborhoods. Circulate, the local advocacy group, will have a table there if you want to learn more about transportation issues in our community.

We're also keeping an eye on construction around town. There are ongoing repairs on Interstate 10 in the Deming area, so if you're traveling east on that route, expect some delays through May.

This has been San Diego Local Pulse. We'll see you tomorrow with more local updates. Thank you for tuning in, and please subscribe for all your San Diego news. This has been a Quiet Please production. For more, check out quietplease dot ai.

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