A portion of an eight-floor office building near John Wayne Airport could be converted into 75 apartment and townhome units. The Irvine Planning Commission, on June 5, recommended a proposal to convert the first four floors of an eight-story office building at 1901 Main St. in the Irvine Business Complex Read More
Visionary Ventures, which was co-founded by the Octane accelerator a decade ago, is aiming to raise $250 million for its third fund. The Newport Beach-based firm previously raised $30 million for its first fund and about $150 million for its second fund. “Nobody’s ever built a venture fund like this Read More
Karman Space & Defense has acquired Utah-based Industrial Solid Propulsion (ISP), a specialist in military-focused technologies, for a purchase price of up to $60 million. ISP products are used in the rapidly growing drone, drone intercept and rocket system sectors to keep the aircraft flying at top speed. Huntington Beach-based Read More
New York City brand Todd Snyder, which GQ calls “one of the best menswear” brands in the nation, has arrived in Orange County with its first local outpost at Fashion Island. Founder Todd Snyder told the Business Journal that it made sense for his namesake brand to open at the Read More
Bayside Restaurant turned 25 last year and remains as popular as ever. There are three important reasons for that, says Marc Ghoukassian, whose family owns Bayside and sister eatery Bistango in Irvine: exceptional cuisine, friendly, experienced staff and classy upbeat ambiance with live music seven days a week. Ghoukassian also Read More
Edwards Lifesciences Corp., the second largest public company in Orange County, is looking to expand its headquarters again. The expansion calls for the Irvine medical device maker to modify its master plan and expand its existing campus by adding 2,340 square feet to a 95,745-square-foot warehouse at 17192 Daimler St. Read More
JOYA Health, which bills itself as the first employee skin benefit platform, has signed with local employers IRA Capital and Tillys Inc. The Irvine-based startup offers plans for acne and other skin-related treatments with copays ranging from $10 to $25 through employers and $39 out of pocket. “In the world Read More
Most restaurants count their longevity in years. Five Crowns counts it in decades. One of Orange County’s oldest and most beloved dining landmarks, Five Crowns in Corona del Mar is celebrating its 60th anniversary this month with a limited-time historical menu and special community initiatives. Five Crowns is housed in Read More
Biopharmaceutical company Liminatus Pharma LLC went public recently via a special purpose acquisition company, commonly known as a SPAC. Liminatus merged with blank check company Iris Acquisition Corp. in April to create a newly combined company called Liminatus Pharma Inc. “Today is a big day for our company. We are Read More
Economic uncertainty toward the end of 2024 and heading into 2025, in addition to an office market that hasn’t fully recovered from the COVID-19 pandemic, were among the reasons cited for Orange County’s tenant improvement contractors collectively reporting a 5.6% loss in work in 2024 compared to the year before. Read More
