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Around the Valleys

CONEJO VALLEY MOORPARK The Moorpark City Council approved an extension through 2019 for permits connected with a $200 million sound-stage project. The Moorpark Studios West plan, proposed by Triliad Development Inc. in Westlake Village, has been delayed for financial reasons. The project is proposed for 45 acres at 11289 Los Angeles Ave. and calls for 12 sound stages totaling 296,000 square-feet, three office buildings totaling 145,500 square feet and 18 studio-support buildings totaling 117,950 square feet. Triliad is a developer of build-to-suit low-rise office, industrial, and research and development facilities. THOUSAND OAKS Amgen Inc. announced the results from a clinical trial showing that Kyprolis is more effective in combating relapsed multiple myeloma than Velcade, the established treatment from Johnson & Johnson. The biotech said that relapsed patients who took Kyprolis and the steroid dexamethasone lived twice as long without their blood cancer progressing than patients on Velcade. Amgen acquired Kyprolis as part of its $10.4 billion purchase of Onyx Pharmaceuticals Inc. in 2013. Kyprolis had sales of about $330 million last year, and analysts have predicted sales of $570 million by 2016 – a number that could grow if more doctors recommend the drug. The 10th edition of the Amgen Tour of California will again bring the world’s top cyclists to Southern California, but with fewer Valley area stops. The eight-day tour, sponsored by Amgen Inc., begins in front of the State Capital in Sacramento on May 10 and will visit the Valley on May 14. The 724-mile race will spin through locations such as Lodi, Big Bear and Nevada City before wrapping up on May 17. This year, for the first time, the race will feature a three-day concurrent event showcasing 14 top women’s cycling teams. SAN FERNANDO VALLEY BURBANK Bob Chapek, a veteran Walt Disney Co. executive with broad experience, has been named to head the company’s sprawling parks and resorts division. Chapek, who has been with the Burbank media and entertainment giant for 22 years, replaces Thomas Staggs, recently tapped as chief operating officer and considered first in line to replace Chief Executive Robert Iger. Chapek has been president of the consumer products division since 2011. Prior to that, he served as president of distribution for Walt Disney Studios and president of Walt Disney Studios Home Entertainment. Walt Disney Co. sold its AM Radio Disney station in New York for a reported $13 million, a sharp discount from its acquisition price of $40 million in 2007. Family Stations Inc., a Christian radio network in Oakland with stations in 24 states, purchased WQEW-AM (1560) from the Burbank media company. Last summer, Disney put its network of 22 AM stations and one FM radio station on the market to shift its focus to satellite, online streaming and mobile devices. Flagship station KDIS-AM (1110) in Burbank was the only station not put on the market. It produces nearly all the live programming for Radio Disney. A state appeals court panel issued a tentative opinion in favor of Wal-Mart Stores Inc.’s effort to build a superstore at the Empire Center shopping center. Wal-Mart filed an appeal in 2013 seeking to overturn an injunction by a Los Angeles County Superior Court judge that rescinded the building permits and halted work at 1301 N. Victory Place due to street improvement the city had not started. The proposed store, which would employ about 300 people, would occupy the former Great Indoors home furnishing store that closed several years ago. A final opinion is due in about 90 days. ENCINO Encino Hospital Medical Center has unveiled the first Geriatric Emergency Room, or “senior ER,” in Southern California. The facility includes a senior ER and a Geriatric Inpatient Center, both designed to provide care for the Valley’s growing elder population. Rooms feature non-skid floors, handrails and thicker-than-normal mattresses to accommodate elder needs, as well as nursing staff and doctors with special training in geriatric medicine. The hospital’s Ontario-based owner, Prime Healthcare, is simultaneously mulling whether to go forward with a controversial acquisition of the Daughters of Charity Health System, a Pasadena-based chain of six non-profit hospitals. NORTH HOLLYWOOD L.A. Mayor Eric Garcetti officially opened NoHo Plaza, a public space developed by the NoHo Business Improvement District. The former alley off of Lankershim Boulevard is furnished with planters, tables, chairs and umbrellas to create an urban park. The NoHo BID spearheaded the project through the city’s People St. program, which allows community groups to partner with the city to improve unused public land. NoHo Plaza is the first project to open under the People St. program, with two others scheduled to open soon, including one on Bradley Avenue in Pacoima. STUDIO CITY The developers of a proposed 200-unit senior condo project along the L.A. River on the Weddington Golf & Tennis complex have vowed to push ahead with the project – despite opposition from area Councilman Paul Krekorian. Burbank attorney Michael C. Murphy represents the Weddington family, which built the sports facility and has owned the Studio City property for more than a century. He said that the family has the right to develop its land. Krekorian, whose 2nd Council District encompasses Studio City and stretches of the river, announced his formal opposition to the project following vociferous opposition by some community members. VAN NUYS Models are open at KB Home’s Greenwood Square, a small-lot home development at the corner of Sherman Way and Hazeltine Avenue, on the site of the former Pinecrest School. The developer plans to put 132 homes on the property, with 128 on small lots and four on standard-sized lots. The project, designed by architects Van Tilburg, Banvard & Soderbergh of Santa Monica, features four, three-story floor plans priced starting from the low $400,000s and one single-floor floor plan with a two-car garage that will sell starting in the low $700,000s. All the homes are energy-and water-efficient. WOODLAND HILLS Viking River Cruises announced it will offer North American cruises for the first time, starting in 2017 along the Mississippi River. The company, one of the largest river cruise operators in the world, will launch two vessels out of New Orleans. Each boat will carry up to 300 passengers. The company expects to expand to a six-boat domestic river fleet within two years of starting the service. Viking currently offers cruises along the rivers of Europe, Russia, China and Southeast Asia. Last year, it announced it was adding to its single ocean vessel with two more ships to debut in 2016. SANTA CLARITA VALLEY SANTA CLARITA Cemex Corp. is moving ahead with efforts to start work at a proposed sand and gravel mine in Soledad Canyon after a legislative effort failed to stop it. Cemex USA, the U.S. division of the large Mexican cement company, has two, 10-year leases from the U.S. Bureau of Land Management to mine up to 56 million tons of aggregate from the 493-acre property. The company is seeking to have the bureau update its permits several months after a House bill, sponsored by now-retired Rep. Howard “Buck” McKeon, R-Santa Clarita, did not gain traction in the Senate. – Compiled by Karen E. Klein

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