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Latest reporting from the Business desk.
Business
View MorePasadena senior housing complex eyes November construction start
Harrison Street Asset Management and Harbert South Bay plan to start construction in November on The Palmer, a six-story assisted living and memory care complex at 861 E. Walnut St. in Pasadena, with completion targeted for September 2028.
Business
View MoreOld Pasadena launches Holiday Passport for 21 small retailers
Old Pasadena's first-ever Holiday Passport program starts Nov. 15 at CicLAvia, giving shoppers two weeks to visit at least 12 of 21 small retailers and collect stickers for a chance at more than $2,000 in prizes.
Business
View MorePasadena small businesses face $35.20 fixed electric charge
Small commercial customers of Pasadena Water and Power owe $35.20 in fixed monthly electric charges under the second phase of a three-part rate increase that took effect Oct. 1, with a third hike scheduled for March 2027 pending a council-directed review.
Business
View MorePasadena's JPL marks 90 years with three missions ahead
NASA's Jet Propulsion Laboratory, born from Caltech graduate students' rocket tests in Pasadena's Arroyo Seco in 1936, is celebrating its 90th anniversary with three new missions targeting 2027–28 launches and a Voyager 1 distance milestone approaching Nov. 18.
Business
View MoreCounty report names Pasadena a top 2028 Olympic economic zone
A new LA County economic impact report projects the 2028 Olympics will generate $13 billion in direct spending, naming Pasadena among the county's most active zones thanks to Rose Bowl soccer and Aquatics Center diving events.
Business
View MoreVroman's Bookstore sells to Pasadena native after two-year search
Vroman's Bookstore and Book Soup have been sold to Robert Hoffman and his family, ending more than a century of Sheldon family ownership of the 132-year-old Pasadena institution on Colorado Boulevard.
Business
View MorePasadena food trucks can apply to serve at 2028 Olympic venues
LA28 launched the L.ocal A.uthentic Program, inviting food truck operators and mobile vendors across the L.A. region to apply by Nov. 16 for a chance to serve spectators at 2028 Olympic venues, including Pasadena's Rose Bowl Stadium.
Business
View MoreStorrier Stearns Japanese Garden hosts autumn tea ceremony Sept. 27
Storrier Stearns Japanese Garden in Pasadena will host two public Japanese tea ceremony demonstrations on Sept. 27 in its historic Niko-an Teahouse, led by practitioner Yuki Wakino of the Mushanokoji Senke school.
Business
View MoreAtlanta-area Merit Financial acquires Pasadena wealth firm Bridgeway Group
Merit Financial Advisors, a national firm managing $30.1 billion in assets, has acquired Pasadena-based Bridgeway Group and its $900 million portfolio, with all nine employees staying on under the new brand.
Business
View MoreNorthwest Commission plan targets corridors, Olympic contracts
Pasadena's Northwest Commission is scheduled to vote Tuesday, Aug. 11, on a strategic plan that assigns commissioners to monitor three commercial corridors, support formation of a new Lincoln Avenue Business Association and prepare neighborhood businesses for LA28 Olympic contracting opportunities.
Business
View MorePasadena businesses can start competing for LA28 Olympic contracts this year
Deputy City Manager Alexander Souto will brief Northwest Pasadena businesses Tuesday, Aug. 11, on how to compete for LA28 Olympic supplier contracts across eight service categories, with bidding in areas like catering and security expected to open this year through the RAMP portal.
Business
View MorePatagonia Pasadena hosting free kids' clothing swap Aug. 22 in Old Town
Patagonia Pasadena will host a free, ticket-based kids' clothing exchange at its Old Town store on Aug. 22, letting families swap outgrown items for back-to-school clothes, with free garment repairs and ice cream included.
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