Biz News: New homes coming to Mesa Verde
Pinnacle Residential and Collective Housing Supply are building a 10-home tract in Costa Mesa called Miraval at Mesa Verde.
The tract at 2880 Mesa Verde Drive East replaces the First Church of Christ, Scientist campus, which had been there since 1968. The neighborhood’s model home will be open in June for tours.
Completed homes, which will be about 3,300 square feet, could go on the market in the fall.
“Miraval continues our successful collaboration with Collective Housing Supply,” Robert Scanlan, principal and co-founder of Pinnacle Residential, said in a statement. “Our previous projects — Westreef, Collective Eastside and Collective on the Park — have raised the bar for residential infill development in coastal Orange County and particularly within Costa Mesa.”
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Nekter Juice Bar opens at South Coast Plaza
Nekter Juice Bar had a grand opening Friday for its new location in Costa Mesa’s South Coast Plaza. A portion of the day’s proceeds are to be donated to the Festival of Children.
Nekter is in the Crate & Barrel wing, across from Champagne French Bakery Cafe. It will offer cold-pressed and fresh-made juices, smoothies, acai bowls and more, according to a news release.
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Blue C to host ‘experience economy’ event
Blue C, a Costa Mesa-based marketing agency, will host an event Thursday about marketing and advertising for the “experience economy.”
The event is presented by Group Y, a marketing collective, and the UCLA Anderson School of Management Orange County alumni chapter.
“We are excited to host an event that promises to inspire and ignite new ideas,” Blue C co-founder and President Eric Morley said in a statement. “Group Y is the leading collective of professionals focused on youth marketing, action sports, entertainment and other progressive and expressive cultures.”
Blue C is at 3183-C Airway Ave. For more information or to buy tickets, visit bluecusa.com.
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UCI to hold digital age conference
The Center for Digital Transformation at the UC Irvine Paul Merage School of Business will hold its “Road to Reinvention: Leadership in the Digital Age” conference Thursday at the Arnold and Mabel Beckman Center, 100 Academy, Irvine.
Speakers will include Robert Dixon, senior vice president and chief officer of information for PepsiCo, and Brian Niccol, chief executive of Irvine-based Taco Bell.
For more information, visit merage.uci.edu.
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Corona hopes Costa Mesa developer will help transform mall
Corona city officials are hoping the developer of Costa Mesa’s the Lab and the Camp will buy 22 properties at the Corona Mall.
According to the Press-Enterprise newspaper, the hope is that developer Shaheen Sadeghi will transform the largely unused 4-acre parcel at Sixth and Main streets into something akin to what he did at the two “anti-malls” in Costa Mesa.
Corona officials entered a partnership with Sadeghi’s company, Lab Holding LLC, on the proposal last year.
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NWP Services bought for $68M by Texas company
NWP Services Corp., a Costa Mesa-based residential utility billing and management company, was recently acquired for $68 million by RealPage Inc., a Texas-based property management software firm for multifamily, commercial, single-family and vacation rental housing.
NWP, founded in 1995, manages and processes more than $5 billion in annual transactions, according to its website. It has about 350 employees.
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First Foundation opens new Irvine branch
First Foundation Inc., a financial services company, has opened a new bank branch in Irvine, according to a news release.
The branch is at 18101 Von Karman Ave., Suite 150, the same building as First Foundation’s corporate offices.
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Hotel Irvine names new executive chef
Hotel Irvine has hired Michael Beck as its new executive chef.
Beck, an Austria native, also has worked at the Valley Hunt Club in Pasadena and at Rancho Valencia Resort & Spa in Rancho Santa Fe.
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Irvine-based advisory firm appoints partner
Irvine-based Fieldman, Rolapp & Associates, an independent municipal advisory firm that provides advice and services to public agencies, announced the appointment of Anna Sarabian as partner.
Sarabian, who has been with FRA since 2003, will focus mainly on its city, county and transportation clientele, serving as chief advisor and strategist for financing and investment activities, according to a news release.
She also will take a lead role in helping to drive the firm’s growth efforts in Northern California and in other states, the release said.
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‘Euro-contemporary’ office building opens in Newport
Ware Malcomb, an international design firm with an office in Irvine, has completed a new corporate headquarters for Mark IV Capital Inc. in Newport Beach.
Ware Malcomb provided architectural design services for the two-story “Euro-contemporary” office building at 4450 MacArthur Blvd. It has about 20,000 square feet of office space and 9,142 square feet of underground parking.
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Parcel Pending CEO receives entrepreneur award
The founder and chief executive of an Irvine-based package-management company was recently named 2016 Entrepreneur of the Year by Tech Coast Angels, an investment agency.
Lori Torres of Parcel Pending was recognized for her perseverance, tenacity and passion, according to a news release.
“Lori represents the best characteristics in an entrepreneur,” John Harbison, Tech Coast Angels chairman, said in a statement. “She is resourceful, fearless, inspiring and committed to making her company, Parcel Pending, a great success.”
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California United Bank hires new executive
David De Filippo, who has more than 20 years of banking experience, was recently hired at California United Bank as its senior vice president and regional manager for its Irvine commercial lending office.
De Filippo previously was a regional vice president in the commercial banking group at Union Bank.
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Pacific Life promotes executive
Irvine resident Chris Dallas was recently promoted at Pacific Life Insurance Co. to be its assistant vice president and investment counsel for the corporate division.
Dallas joined Pacific Life in 2004. He will oversee legal matters related to investments, the company said.
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Group: O.C. auto dealers have $12B economic impact
The Orange County Automobile Dealers Assn., based in Newport Beach, recently reported the local economic impact of the 123 franchised auto dealers in Orange County at $12 billion for 2015, an increase of 10% from the previous year, according to a news release.
The association’s 2015 Economic Impact Report showed that O.C. dealers sold 298,275 new and used vehicles, generating more than $730 million in sales tax. Of that, more than $91 million goes directly to local cities, according to a news release.
The dealers employ 12,300 people.
“Orange County’s automotive dealers are a $12-billion economic engine, and a 10% annual increase bodes well for the whole county,” the association’s executive director, John Sackrison, said in a statement. “Auto dealers continue to grow Orange County’s economy by employing over 12,000 individuals, generating almost $100 million in local sales tax revenue and millions in charitable donations annually.”
Newport Beach has eight franchised auto dealerships and Costa Mesa has 12, according to the association.
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Tarsadia Investments rents space in Newport Center
Tarsadia Investments has leased the top floor at 520 Newport Center Drive in Newport Beach, according to a news release.
The company will occupy 18,000 square feet on the 21st floor of the tower in Newport Center, near Fashion Island.
“The Tarsadia lease — which brings the building’s occupancy to about 85% — underscores Newport Center’s position as Orange County’s international banking and investment headquarters,” officials said in a news release. “Almost half of Newport Center’s 2.5 million square feet of office space is leased to companies providing financial services.”
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McCarthy Building division names healthcare VP
McCarthy Building Cos. Inc. has promoted Patrick Peterson to senior vice president of healthcare services for the company’s Southern California division based in Newport Beach, according to a news release.
Peterson is a 25-year veteran of the construction industry.
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CdM bank branch gets new manager
Farmers & Merchants Bank has named Kirk Van Atta as its new Corona del Mar branch manager, according to a news release.
Van Atta has more than 30 years of bank managerial experience.
“He is one of the most knowledgeable and sincere people I have had the pleasure of knowing and working with,” Brian Skelton, senior vice president and regional manager, said in a statement.
The bank is at 2421 E. Coast Hwy.
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The Butchery coming to Newport Coast
The Butchery, a full-service butcher shop, will open its third Orange County location this fall in Newport Coast.
The store will be in the Crystal Cove Shopping Center, 8058 E. Coast Hwy.
The Butchery also will carry craft beers and high-end wines, according to a news release.
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Public-affairs firm hires new director
Townsend Public Affairs, a government relations firm, has hired James Peterson to direct its offices in Newport Beach and Washington, D.C.
Peterson is a former staff member for Sen. Dianne Feinstein (D-Calif.). He also has worked for the city of Anaheim.
He lives in Huntington Beach.