Business
Business
Latest reporting from the Business desk.
Business
View MoreEl Segundo's 24Hr Homecare lays off 738 caregivers statewide
El Segundo-based 24Hr Homecare is cutting 738 caregiver jobs across California starting Tuesday, Sept. 15, after Health Net announced plans to discontinue a Medi-Cal in-home care program tied to federal Medicaid funding cuts.
Business
View MoreManhattan Beach property values climb $1.46 billion to $29 billion
Manhattan Beach's total assessed property value rose 5.3% to $29.07 billion for 2026, outpacing the countywide average and reflecting a median home price of $3.5 million across the city's nearly 13,000 parcels.
Business
View MoreWrecking crews begin tearing down Hawthorne Plaza
Court-ordered demolition has begun at the long-abandoned Hawthorne Plaza mall in Hawthorne, with AMPCO Contracting tearing down the 35-acre site in five phases after a judge sealed a permanent injunction in the city's nuisance abatement lawsuit.
Business
View MoreSpaceX IPO millionaires zero in on Manhattan Beach homes
SpaceX's June IPO created roughly 4,400 new millionaires, many based near the company's Hawthorne campus, and South Bay real estate agents report a surge of buyer interest targeting Manhattan Beach and neighboring beach cities in the $2 million to $6 million range.
Business
View MoreRedondo Beach signs tentative deal to fill vacant Fun Factory space at pier
The city of Redondo Beach has signed a tentative agreement with Multiverse Platforms to bring a bowling alley, arcade, restaurant and sports bar to the former Fun Factory space at the pier, which has been vacant since 2019.
Business
View MoreManhattan Beach couple transforms iconic Pyramid House into family home
Manhattan Beach residents David Makharadze and Anna Vitale have completed a sweeping renovation of the Pyramid House, a 1993 landmark designed by the late architect Antoine Predock, navigating zoning constraints to preserve its iconic silhouette while transforming it into a modern family home.
Business
View MoreOne in five Manhattan Beach homes sold off-market in first half of 2026, a six-month record
One in five Manhattan Beach homes sold between January and June 2026 closed without ever appearing on the open market, the highest off-market rate the city has recorded for that six-month window and far above neighboring South Bay cities.
Business
View MoreErcole's nears 97 years as Manhattan Beach historian races to preserve the bar's stories
Ercole's Bar & Grill at 1101 Manhattan Avenue, now 97 years in business and Manhattan Beach's oldest operating bar, is the subject of an in-progress book by historian Kristin Long as the AVP Manhattan Beach Open returns August 14–16 two blocks away.
Business
View MoreHermosa Beach's Patrick Molloy's adds live music, menu options ahead of 30th year
Patrick Molloy's, the Irish pub that has anchored Hermosa Beach's Pier Plaza since 1996, heads into its 30th year under CEO Fiona Fleming with an expanded menu, a new beverage director, and a packed summer entertainment calendar.
Business
View MoreManhattan Beach startup raises $63M to put nurse practitioners in doctors' offices
Greater Good Health, headquartered on Laurel Avenue in Manhattan Beach, has raised $63 million across three funding rounds — including a $33 million Series B closed in March 2026 — to scale a model that embeds nurse practitioners inside existing doctor practices to address the national physician shortage.
Business
View MoreBowling alley and arcade could replace Redondo Beach's vacant Fun Factory
The Redondo Beach City Council voted July 21 to enter exclusive lease negotiations with Multiverse, operator of Level Up Bowl & Bistro, to potentially bring a bowling alley, arcade, restaurant, and sports bar to the former Fun Factory building at 123 International Boardwalk, vacant since October 2019.
Business
View MoreManhattan Beach unveils food hall, plaza, and parking concepts for two downtown sites
Manhattan Beach has released conceptual designs for two key downtown sites: a food-and-beverage anchor hub with a public plaza at 400 Manhattan Beach Blvd. and two competing options for the former Lot 3 parking structure offering between 129 and 200 parking spaces plus community rooftop space. City Council will review the plans in September 2026.
©2026 South Bay Tide
Powered by Surround Sound Media