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Antelope Valley PALMDALE Thomas Partners Properties plans to build a $200 million, senior care “wellness” community in the high desert. The Oasis in LA County will span 17.5 acres and provide a continuum of care, which allows seniors to enter a facility while independent and remain as they progressively need more assistance. The 420,000-square-foot development would be adjacent to the Palmdale Regional Medical Center and include hotels, restaurants and shops with a focus on wellness and healthy living, such as yoga classes. Thomas, a downtown L.A. development firm, said it will work with the hospital and city to develop the project. Groundbreaking is expected in June 2016. Conejo Valley CAMARILLO The Ventura County cities of Camarillo, Oxnard and Ventura each approved the renewal of their shared Tourism Business Improvement District T, and will welcome Port Hueneme as the newest member of the district effective July 1. Formerly known as Ventura-Oxnard-Camarillo Tourism Business District, the TBID will now be called the VenturaCountyWest Tourism Business Improvement District and each city will continue to allocate funds toward marketing its hospitality businesses. The TBID was started in 2011 to bring more tourists and boost revenue for hospitality and related retail businesses in the region. More than 60 hotels participate, paying 1.5 percent of revenue from room rentals toward collective marketing efforts. San Fernando Valley CANOGA PARK CORES Management Inc., a Beverly Hills multifamily investment firm, has acquired The Verandas, an upscale 81-unit apartment complex in Canoga Park, for $26.3 million. The 21535 Roscoe Blvd. complex was acquired from Praedium Group LLC of New York and Brooktree Realty Investors LLC of Beverly Hills, which sold it for a healthy profit. They purchased the gated property for $21.5 million shortly after it was built in 2012 by Canoga Park developer Shawn Evenhaim, of Evenhaim Industries Corp. The sale price amounted to about $325,000 a unit, well above the average $228,000 sale price for similar properties in Canoga Park in the first quarter, according to real estate data firm CoStar Group Inc. The complex was 95 percent leased at the time of sale. BURBANK Walt Disney Co. is proposing a $1 billion expansion at its Disneyland theme park in Anaheim that would include new attractions, parking and other infrastructure improvements. It is unclear if the expansion would cover Disneyland, Disney California Adventure or both parks. A media report said attractions based on Disney properties “Star Wars” and Marvel characters and stories could be part of the expansion. In order to proceed, the Burbank media and entertainment company wants a 30-year extension by the city of an agreement to not collect admission taxes. The current agreement expires in June 2016. Disney named Christine McCarthy as its chief financial officer, replacing James A. “Jay” Rasulo, who is leaving the company after being passed over as a successor to Chief Executive Robert Iger. McCarthy has served as Disney’s corporate treasurer for 15 years. Rasulo, who joined the Burbank media and entertainment company in 1986, worked without a contract since January. He said June 1 he was stepping down on June 30. Iger, 63, appointed studio veteran Thomas Staggs as chief operating officer on Feb. 5, putting him next in line for the CEO job should Iger step down when his contract expires in June 2018, as is expected. Warner Bros. Pictures became the first Hollywood studio in history to reach $1 billion in domestic box office for 15 straight years. The Burbank studio reached that milestone on the strength of summer releases “Mad Max: Fury Road” and “San Andreas” as well as 2014 carryovers “American Sniper” and “The Hobbit: Battle of the Five Armies.” Warner Bros. joins Walt Disney Co. in Burbank, and Universal Pictures, in Universal City, in reaching the $1 billion domestic box office mark this year. The studio reached the $1 billion mark on June 26, the fastest it has ever reached that threshold. CALABASAS A 10.5-acre parcel in Calabasas long used by a nursery will be developed as a car dealership. Sperling Nursery sold the land at 24460 Calabasas Road to Slevin Capital Development Inc., in Chicago, for an undisclosed price. Slevin Capital owns Slevin Automotive Group LLC, which owns and operates car dealerships in Chicago and Southern California. The company plans to develop the property into a Nissan dealership. Sperling Nursery was founded in 1971 and grew into a garden supplier with customers throughout Southern California. Founder Joe Sperling died in 2013, setting the stage for the decision to close the business and sell the property. STUDIO CITY A Studio City man faces up to seven years in prison after pleading guilty to hacking into email accounts to obtain nude or explicit photos that were then posted at a “revenge porn” website. Charles Evens, 26, entered the plea before U.S. District Judge Dolly M. Gee to felony counts of unauthorized access to a protected computer to obtain information for purposes of private financial gain and aggravated identity theft. Evens is an accomplice of Hunter Moore, the so-called “king of revenge porn” for the website he operated, www.isanyoneup.com, that displayed nude and sexually explicit photos of women without their permission. Moore, 29, of Woodland, pleaded guilty in February to the same charges as Evens. SYLMAR Second Sight Medical Products Inc. has appointed Will McGuire to become the company’s chief executive starting Aug. 18. The Sylmar biotech, which makes a system with an implant and camera mounted on eyeglasses to provide sight for blind patients, said current Chief Executive Robert Greenberg will become chairman of the board, replacing billionaire Alfred Mann, who will become chairman emeritus. Mann, who helped develop the insulin pump and cochlear hearing aid, founded Second Sight in 1998. Greenberg served as chief executive since the inception. Mann owns about 33 percent of the stock and Greenberg owns about 3 percent. McGuire joins Second Sight from Volcano Corp., a heart imaging company in San Diego that was acquired by Royal Philips. TARZANA Children’s Hospital Los Angeles and Providence Tarzana Medical Center have formed a partnership to provide a higher level of pediatric care to children in the San Fernando Valley. Under terms of the partnership agreement, Children’s Hospital Los Angeles Medical Group will assume management of the Tarzana hospital’s three pediatric units. Specialists from the children’s hospital in Hollywood will staff the inpatient and pediatric and neonatal intensive care units 24 hours a day. Young emergency patients arriving at Providence Saint Joseph Medical Center in Burbank and Providence Holy Cross Medical Center in Mission Hills, part of the same hospital system, may be transported to Tarzana for inpatient care. Santa Clarita Valley SANTA CLARITA A federal court judge in Los Angeles issued a ruling upholding the validity of dredging permits issued under the Clean Water Act to facilitate the development of the Newhall Ranch community in Santa Clarita. The 39-page decision from U.S. District Court Judge Philip S. Gutierrez granted summary judgment to the U.S. Army Corps of Engineers, which issued the permits eight years ago, and Santa Clarita developer Newhall Land & Farming Co. The ruling came in an environmental lawsuit that claimed the dredging permits for infrastructure development on the Santa Clara River were granted improperly. The lawsuit is one of four that have been filed by environmental groups over the past several years aiming to block the planned development by Newhall Land, which when built out would total 20,000 residences and 5 million square feet of office space over more than 2,500 acres. The project still faces the other legal challenges.

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