Hospitality, Restaurants, and Gaming having a tough time.
Of the 5,000 or so employees CBRE has in California, it doesn’t expect to have to move many “Client Facing” positions.
Government reaction to the pandemic has also negatively affected the hospitality industry, however those businesses can’t typically change location as easily as the companies that own buildings all over the country.
One Hundred Over the Park was unveiled in 2016
Local regulations even affect the private events of the rich and famous.
AirBnB is trying to help out by starting an endowment.
Despite all this, The Racino, granted a silly name, still expects to bring 400 jobs to the area.
By Michael Carver
October 30, 2020 5:17 PM