Mark Anderson

What a new arena means for downtown restaurants

bizjournals.com — Restaurateurs in downtown and Old Sacramento restaurateurs are anticipating benefits from a new downtown arena, but there are some concerns about traffic. "The arena is great news. It is going to bring energy and nightlife downtown," said Neil Swinney, general manager of Morton's the Steakhouse, at 621 Capitol Mall.

Sierra Vista Bank completes $1.5M round of funding

bizjournals.com — Sierra Vista Bank completed a $1.5 million round of capital from Taylor Asset Management of Chicago, the bank announced Thursday The investment was negotiated and announced in December, and the funding required regulatory approval. "The additional capital will allow our financial organization to expand its customer base and seek new growth opportunities in our local communities," CEO Greg Patton said in a news release.

Teams lined up for Sacramento's soccer day match

bizjournals.com — A soccer club from Mexico will be the opponent for the English Premier League's Norwich City Football Club during Sacramento Soccer Day. Sacramento Professional Soccer LLC announced today that Mexico's Dorados de Sinaloa will come to Raley Field on July 18 to play the British soccer team.

Rockers to celebrate Skip’s 40th anniversary at Sac Music Festival

bizjournals.com — A long list of Northern California musicians will help Skip's Music celebrate 40th years in business with performances in Old Sac during the Sacramento Music Festival. After four decades of selling and renting musical equipment and teaching people to play, owner Skip Maggiora has a lot of friends in the music business.

Glue Networks gets Cisco validation for remote connectivity

bizjournals.com — Cisco Systems Inc. named Glue Networks Inc.'s remote network technology as a Cisco Validated Design. That means Glue products are listed on Cisco's (NASDAQ: CSCO) website as solutions for remote and branch connectivity. "This is a big step for our firm and a testament to the appeal of the technology we've developed," Glue CEO Jeff Gray said in a news release.

Rockers to celebrate Skip’s 40th anniversary at Sac Music Festival

bizjournals.com — A long list of Northern California musicians will help Skip's Music celebrate 40th years in business with performances in Old Sac during the Sacramento Music Festival. After four decades of selling and renting musical equipment and teaching people to play, owner Skip Maggiora has a lot of friends in the music business.

Storage facility in former AT&T building filling faster than expected

bizjournals.com — The Arden-Arcade area's new self-storage complex that previously was home to AT&T Inc. for three decades is leasing space faster than expected. After opening April 26, Marconi Self Storage already has 65 signed leases, said Tim Taylor, who heads a group of investors that bought and redeveloped the building at Marconi and Norris avenues.

Aerojet part of successful missile intercept test

bizjournals.com — Aerojet components contributed to a third consecutive successful missile intercept of a target in tests of a Raytheon Co. missile system. Aerojet is the rocket-motor subsidiary of GenCorp (NYSE: GY), the Rancho Cordova-based company that has been in the rocket motor business since World War II.

West Sac's biggest hotel upgraded to Ramada Inn & Suites

bizjournals.com — Under new ownership, the Ramada Plaza hotel in West Sacramento is being upgraded to a Ramada Inn & Suites property. The 137-room property -- the largest hotel in West Sacramento -- sold last month for $6.1 million to SAV TexasOne LLC, said Vinny Goundar, the new general manager and part of the ownership group.