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COVER STORY
Untitled Page Published: December 01, 2009




Best and worst O.C. business stories in 2009, continued ...

JULY

BEST
> The Dana Point Planning Commission approves the Ritz-Carlton Laguna Niguel’s plans to add 27 guest rooms and new meeting space to the luxury property.

<<< Orange County’s median home price increases by 9 percent.
 
> Irvine is named the nation’s safest city for the fifth straight year.

> The Orange County Fair kicks off in Costa Mesa. This year’s three-week super fair is expected to be a business bonanza for Orange County.

WORST
> The St. Regis Resort in Monarch Beach goes on the auction block, the result of a foreclosure. The five-star destination’s owner, Newport Beach-based Makar Properties, is said to be in default on a $70 million loan from Citigroup Global Markets. No one buys the luxury property.

> UCI cuts five sports from its athletics program.

> Orange County lands on Forbes’ list of worst places to get high-paying jobs.

> Orange County sees its biggest consumer price index drop in nearly 60 years.

> George Fullerton of Fender Guitar dies at the age of 86.



AUGUST

BEST
<<< UC Irvine School of Law opens, with nationally recognized attorney Irwin Chemerinsky serving as dean.

> The city of Irvine continues to enjoy national attention as a hub for entrepreneurs, money and business, with nods from Inc. magazine and CNNMoney.com, which says it’s a great place to live if you’re rich and single.

> It’s a record-breaking month for Orange County auto sales, thanks to the Cash for Clunkers program.

> Pretend City Children’s Museum opens and welcomes 19,634 visitors during its first month of life.


WORST
>>> Orange County’s favorite son Tiger Woods loses the PGA Championship.








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Click HERE to see a list of the 15 Orange County-based
companies that made Inc. magazine’s list of
the 500 fastest-growing businesses.