Riding The Bubble: A Real Estate Blog

by The Editors on August 9, 2007

When local Realtors are given nicknames like Air-Monica® and Super-Jenae® you know some comically bitter blogging is going on. Bubbletracking claims to provide “comprehensive inventory data” for Western US real estate markets, but what it serves up is scathingly caustic reviews of recent real estate transactions from all over the west.

Here are a couple recent posts regarding Carlsbad real estate: The Path to the Dark Side and More Funny Business from Super-Jenae® and friends.

[Link: Bubbletracking]

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The Crossing’s Future

by The Editors on August 9, 2007

1 01 408 7 07ASure Carlsbad has been waiting for a municipal golf course for 17 years, and yes, there is a lot of excitement: the two days of locals only golf scheduled for this weekend sold out in 20 minutes. The question the North County Times is asking is: then what? What happens after the honeymoon is over and The Crossings-at-Carlsbad is just one more Southern California golf course?

“Just because a new course opens up doesn’t mean that 35,000 more rounds (a year) are being played,” said John McNair, vice president of operations for JC Golf, which manages nine courses in San Diego and Temecula, including The Crossings’ neighbor, Encinitas Ranch, and inland courses such as Twin Oaks in San Marcos, the Rancho Bernardo Inn and the par-3 Reidy Creek in Escondido. “The Crossings is going to take a chunk from everyone.”

In an industry that’s currently not growing it will be interesting for everyone. Maybe this will force a price war at local courses. Then we all win.

[Link: North County Times]

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Rubio’s Rising

by The Editors on August 9, 2007

Rubios-1In their second quarter report Carlsbad-based mexican restaurant chain Rubio’s announced that their total revenues grew 15.9 percent, net income for the quarter rose 14.6 percent, and they came in a penny ahead of the street with earnings of 5 cents a share.

RUBO closed Wednesday’s regular trading at $10.35, up $0.20 or 1.97%, on a volume of 8,814 shares on the Nasdaq. In after-hours trading, the stock further gained $0.10 or 1.00%, trading at $10.45.

Great, now we’re hungry and it’s only 6:21 AM.

[Link: RTT News]

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Kucinich’s 30 Minute Carlsbad Visit

by The Editors on August 8, 2007

160Px-Dennis KucinichDemocratic Presidential hopeful and Ohio congressman Dennis Kucinich will be in Carlsbad for 30 minutes on Sunday, August 12 with the Democratic Club of Carlsbad at the Carlsbad Women’s Club at 3320 Monroe St. He will reportedly arrive at 2:30 PM and spend the next half hour doing every thing he can to get people fired up for his 2008 run at the White House. But if you’re just there for the party, it goes from 1-5 PM and costs $40 per couple. Click here for more info

Of course, he’s spending a little more time earlier in the day with the celebrities at the Deepak Chopra’s Living Center in Encinitas. That starts at 11 AM and requires a $250 minimum contribution.

[Link: Earthtimes.org]

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Jake Brown: The Harder They Fall

by The Editors on August 8, 2007

Carlsbadistanian vert skater Jake Brown has had a full media schedule since falling 46 feet to flat during the X Games Big Air competition in Carson, California last week. In fact, from a media perspective nearly dying on live TV may be the best thing that ever happened to the 32-year-old Australian native. He’s been on Good Morning America, Today Show, and even Larry King.

Brown’s media requests since the fall have been virtually nonstop – MTV, Fuel TV and Australian television, to name a few. “It’s pretty wild, man,” Brown said. “I’m taking it in stride. I hope I’m doing skateboarding justice.” . . . Brown said he plans to resume skating in 2-3 weeks.

Jake, we’re just glad you’re okay.

[Link: San Diego Union Tribune]

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SUV Goes Diving in Buena Vista Lagoon

by The Editors on August 8, 2007

At around 1:15 AM this morning a Ford Explorer missed that tight left hander on the 78 to I-5 south onramp, plowed through the guard rail, and “splashed into the Buena Vista Lagoon.” You don’t know how many times we’ve seen that rail up a little too close for comfort.

A tow truck fished the SUV out of the water, and the Explorer’s driver was transported to a hospital for treatment of minor injuries, the CHP said. . . The cause of the crash was under investigation.

[Link: San Diego Union Tribune]

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The Aquaman Behind Carlsbad’s Hatchery

by The Editors on August 7, 2007

Biz KentWe’ve always wondered what the story was behind that fish hatchery at the south end of Garfield on the Agua Hedionda Lagoon. Well, turns out it’s part of the Hubbs-SeaWorld Research Institute. And the president of that company, Donald Kent, is profiled today in the San Diego Union Tribune. He explains what it’s all about.

The hatchery program’s goal was to do something that had never been done before: take white sea bass from the wild and spawn them in the hatchery. Then, with the help of sport fishermen, grow the juveniles in cages situated off the coast from Santa Barbara to San Diego.

It’s good to know that science and the Southern California fishery are benefiting from the profits SeaWorld extracts from its cellblock of performing animal prisoners.

[Link: San Diego Union Tribune]

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Golf Academy Coming To Carlsbad

by The Editors on August 7, 2007

Vista’s San Diego Golf Academy would like to move in to an office building on Camino Vida Roble near Palomar Airport Rd, however, Carlsbad’s zoning does not allow “schools” near the airport because of safety concerns. Academy director Richard Iorio will go before Carlsbad’s City Council to get permission.

. . . the city’s Planning Department is recommending that the council approve the academy’s proposal because the academy’s students are adults and the graduates often take jobs with some of the big golf manufacturing companies. . .

The academy could help pay for The Crossings-at-Carlsbad. According to the North County Times students book “nearly 20,000 rounds of golf a year on local courses and purchase more than 40,000 buckets of balls at practice facilities.”

[Link: North County Times]

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Upper Deck Passes Antitrust Period

by The Editors on August 7, 2007

Topps Co. has given Carlsbad’s Upper Deck the go ahead to begin it’s $425 million bid for the trading card and chewing gum giant after an antitrust waiting period ended.

Topps said it continues to negotiate with Upper Deck, but reiterated that its board still supports the $384.5 million offer from a group led by former Walt Disney Co. Chief Executive Michael Eisner and Chicago-based Madison Dearborn Partners LLC.

The Topps directors are still telling shareholders to vote against Upper Deck.

[Link: Chicago Tribune]

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Carlsbad Building Wins Design Award

by The Editors on August 7, 2007

Getimage.AspxCarlsbad’s Pacific Ridge Corporate Centre on Fleet St recently won The International Office Building of the Year (TOBY) award from the Building Owners and Management Association (BOMA) in the “Low Rise Suburban Office Park category.”

“I am delighted that this property has won international attention and merit,” said Jerry Sweeney, president and CEO of Brandywine. “There is much to be proud of for this recognition, and credit goes to our staff who tirelessly work every day to achieve our corporate mission of providing ‘Best of Class’ service.”

Well Jerry, we’re delighted too. That’s a nice looking office you’ve got there.

[Link: Marketwire]

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