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ESCONDIDO, Calif. (KGTV) - The Old Palomar Hospital on the eastern edge of downtown Escondido could be redeveloped into hundreds of new homes and thousands of square feet of commercial, recreational and office space.In a letter to the city, developer Integral Communities says it wants to turn the site into a 450 homes, and 5,500 square feet of commercial spaces. The project could serve as a new gateway to downtown and add some much needed foot-traffic to Grand Avenue. Some businesses were closed Wednesday despite this being the midst of holiday shopping season. Beth Stevens, who owns the Vinklectic boutique on Grand Avenue, said she would welcome the project and the crowds it could bring. "I think new development is a good thing for everyone," Stevens said. Other business owners, however, said they are concerned about the project's increased traffic. But Rorie Johnston, who heads the Escondido Chamber of Commerce, said downtown needs to become more walkable. "The more you can slow people down, the more you can keep people in an area longer, the more possibility you have to engage with them," she said. Integral reached a deal with Palomar in February to buy the site for million. Palomar moved most of its services to its new hospital in west Escondido in 2012, making the older hospital available. It still offers cancer treatments, mental health services, and has office facilities at the downtown site. A hospital spokesman says it expects to stay in the downtown location through March 2020. Escondido city officials say they expect Integral to submit formal plans to the city in the next week. A call to Integral's project manager was not immediately returned. 1694
ENCINITAS, Calif. (KGTV) - Two third-graders from Rancho Santa Fe are proving you can change lives no matter your age.R. Roger Rowe School third-graders Grace Miller and Madison Stine set out to send a veteran to Washington D.C. with Honor Flight San Diego.They were so successful they ended up sending two veterans."That trip for me was the most fantastic trip of my life. I've been all over the world - and Honor Flight was the most fantastic trip I've been on," said George Sousa, a Korean War veteran who served in the U.S. Army.The girls also helped send U.S. Marine Corps Veteran Marshall Varano who also fought in the Korean War."It's great to see young people like this take care of older folks," said Varano.Fundraising is critical for Honor Flight San Diego. It costs over ,000 to send one veteran to D.C. and over 0,00 for the entire weekend. The organization had to cancel last spring's flight because they did not have enough funding.You can donate online to Honor Flight San Diego. 1014
Electra and Violet are new moms to an adopted chick. The same-sex Gentoo penguin couple lives at the Valencia Aquarium in Spain.In a social media post, the facility says “Although same-sex couples are common in more than 450 species in both zoos and nature, it's the first time this has happened in our aquarium. So... Welcome to the world little one!”The pair started building a nest together out of stones and acting like they were getting ready for a baby. So, the aquarium let them “adopt” another couple’s extra egg according to a statement. They were able to incubate and hatch the egg this month.Electra and Violet will raise the chick until it becomes independent, which is about 75 days. 704
Experts say those feeling the pain of the financial crisis the most are millennials. The generation has missed major milestones that past generations enjoyed in their 30’s and 40’s as a result of dealing with two major financial crises over the past decade.However, it may not be all gloom and doom for millennials. The economic cycles the generation has experienced early on could lead them to understand the economy and markets better, potentially leveraging that to greater future gains.Many millennials graduated and entered the workforce during the 2008 Great Recession. They were just hitting their prime, and then, this pandemic and a second major financial crisis hit.“It just feels not only like we can’t catch a break, but we can’t even get started without something coming along and taking away a lot of what we worked for,” said Erin Lowry.Erin Lowry is an author and wrote the books “Broke Millennial” and “Broke Millennial Takes on Investing”.“The big thing to consider for your financial future is this will be temporary,” said Lowry. "We are going to get through this just like we got through ’08.”Surveys conducted by the Urban Institute show at least 1 in 3 millennials are struggling financially right now, and millennials as a whole have less acclimated wealth at this stage in life than the prior generation. To change that, even during this recession, Lowry believes there are a few key things millennials can do.“You do want to think about doing, and I hesitate to say it like this, but the least damage currently,” said Lowry.She recommends minimizing the amount of debt you may need to take on to get through this economic downturn. Also, protect your credit scores as much as possible by making on-time payments.Pay the minimum if needed or contact your lenders to work out agreements that will not show missed payments on your credit report. In the future, you’ll want a healthy credit score to be able to qualify for mortgage loans or auto loans at a lower interest rate.Lastly, try to still contribute to your retirement plan even if it’s a little bit. If you are in a position where every penny counts right now, think about a time in the near future when you can start to again invest. That is important because, historically, the market will rebound.To recover on a better financial footing, you want to buy when the market is low, or down, and reap the gains as the economy recovers.“After 2008, we went on to have one of the longest bull runs in stock market history,” said Lowry. "We don’t know what is going to happen after the coronavirus recession, but you don’t want to miss out on potentially huge returns.”The possible advantage of going through two recessions early in life may be a better understanding of the economy and a stronger desire to understand the market, along with learning how to use the downturn as an opportunity for future gains. 2896
FALLBROOK, Calif. (KGTV) -- More than 34,000 San Diego Gas and Electric customers are bracing for a possible blackout. A Red Flag Warning begins at noon Thursday, lasting until 6 p.m. Friday and sparking precautions by the company. Customers Tuesday and Wednesday were told outages could come up to 48 hours after they received notifications from SDG&E. MAP: San Diego County communities affected by planned outagesWednesday afternoon residents in Fallbrook, one of the affected communities, began to prepare for what could turn into several days in the dark. Throughout the day Wednesday, neighbors could be seen hitting the gas station to full up, making sure their generators will be powered through the outage. Many people told 10News the shutdown is well worth it. RELATED: SDG&E prepares for Public Safety Power Shutoff as Santa Ana winds approach“I would much rather have my friends have their house and their kids and their lives. If its gonna inconvenience people for a day or two, they just need to have enough notice,” said Laree Johnston. SDG&E says it works closely with fire crews to determine whether or not the company needs to shut the power down. 1181