Pasadena-Headquartered CIT Bank Invests $6 Million to Jumpstart a New Credit Union Branch for Low, Moderate Income Families

Published Friday, May 5, 2018 | 5:09 am

CIT Bank N.A. and its California branch division OneWest Bank Thursday announced a significant increase in its support for working families and underserved communities. The $6 million investment to Self-Help, a national community development financial institution, enables the creation of a new, full-service credit union branch in central Los Angeles. This investment builds on CIT’s grant to Self-Help last year for the same effort. “CIT seeks to promote economic stability across Southern California where we live and work,” said Steve…

CEO of Pasadena-Based Blaze Pizza, Among America’s Fastest Growing Brands, Will Talk About Disrupting Industries

Monday, May 5, 2018 | 5:11 am

Jim Mizes, President and CEO of Pasadena-headquartered Blaze Pizza, one of America’s fastest-growing restaurant brands, will speak at…

Pasadena-Based Healthcare Company Acquired

Sunday, May 5, 2018 | 5:29 am

Aveanna Healthcare in Atlanta, Georgia, has acquired Pasadena-based Premier Healthcare Services, LLC for an undisclosed amount. Aveanna announced…

Pasadena-Based Jacobs Completes Merger Transaction with Australian Company

Pasadena-based Jacobs Engineering Group Inc. announced on Thursday that it has completed its merger transaction with Sinclair Knight Merz, a 6,900-person professional services firm headquartered in Australia, in accord with the previously announced terms.

Retail

Pasadena’s Sun Pacific Hires Marketing Director

Published Tuesday, May 5, 2018 | 4:47 pm

Sun Pacific, the Pasadena fruit grower and marketer of Cuties brand clementines and Mighties brand kiwifruit, has appointed industry veteran Kate Reeb as the director of marketing, a company press…

Survey Says Millennial Parents Love Pasadena Company’s Mandarins

Published Thursday, April 4, 2018 | 6:28 pm

As California Cuties season winds down this month for Pasadena-based Sun Pacific, the brand reported it continues to enjoy an increase in preference and purchase intent among millennial parents, its…

Commercial Real Estate

Cotton Medical Center in Pasadena Receives National Award for Excellence in Healthcare Real Estate

Published Monday, December 12, 2017 | 5:45 pm

Cotton Medical Center, a 115,000-square-foot, two-building medical office complex near the Huntongton Hospital in West Pasadena, has been awarded the prestigious 2017 HREI Insights Award in the category of Best…

The Theo, New Six-Story Residential Facility, Rises Near Historic Pasadena House

Published Tuesday, October 10, 2017 | 7:15 pm

Construction is now underway on a new 105-unit multifamily building at 289 North El Molino Avenue in Pasadena.. Dubbed as The Theo, the building is close to the Theodore Parker…

Business Briefs

Pasadena’s Timekettle Completes Hugely Successful Kickstarter Campaign for Its Real-Time Bi-Lingual Earphone Translator

Published Monday, December 12, 2017 | 5:29 pm

A Pasadena company called Timekettle has taken in far in excess of its $50,000 goal in a Kickstarter campaign to secure funding for its new WT2 Real-time Earphone Translator project.…

Major Architectural Firm HDR Pulls Out of Pasadena

Published Monday, October 10, 2017 | 7:50 pm

A large multinational architectural and engineering consulting firm has moved out of Pasadena into a new office at Two California Plaza in the Bunker Hill District of downtown Los Angeles.…

Business Districts

Pasadena Firm’s Plans for Observation Deck at Chicago Skyscraper Unveiled

Published Tuesday, May 5, 2018 | 5:25 pm

Image courtesy The Hettema Group Pasadena-based The Hettema Group’s design for the observation deck atop Chicago’s Aon Center has been unveiled. Aon was formerly known as the Standard Oil Building.…

Pasadena’s ObEN Debuts Artificial Intelligence Concierge in Shanghai

Published Wednesday, April 4, 2018 | 6:02 pm

Adam Zheng, COO and co-founder of ObEN; Adrian Cheng, founder of K11; Nikhil Jain, CEO and co-founder of ObEN (Photo: Business Wire) ObEN Inc., the Pasadena artificial intelligence company that…

Government

Pasadena Firefighters Warn Budget Cuts Sacrifice Firefighter and Public Safety

Published Tuesday, May 5, 2018 | 5:27 am

Pasadena Firefighters Association officials Monday warned that planned City budget reductions would reduce public safety and put firefighter lives in danger. “The proposed cuts in public safety spending are going…

City Council Opens Hearing into Planned 2019 Budget, Possibly Last Balanced Budget for the Foreseeable Future

Published Tuesday, May 5, 2018 | 5:14 am

Facing financially treacherous years ahead, the City Council Monday heard testimony and discussion from various City department managers with regard to Pasadena’s proposed Fiscal Year 2019 Operating Budget. The Council…

Design Commission Will See Plans to Remodel Original Panda Inn and a McDonald’s, Build Facility for the Elderly, and Relocate the Historic 1908 Pinney House

Published Monday, May 5, 2018 | 3:39 pm

Pasadena’s Design Commission will review a slate of construction projects when it meets on Tuesday, May 22. Projects coming before the Commission include a proposal to construct a new six-story,…

Rebates Under Discussion to Encourage Pasadenans to Use Fossil-Fueled Alternatives

Published Monday, May 5, 2018 | 5:50 am

In the near future, Pasadena Water and Power (PWP) customers could enjoy some rebates and other incentives as part of Pasadena’s program to encourage the use of electric vehicles, appliances,…