Daily Digest: New international route lands in Oakland, SFPD brings back retired officers
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Airline opens new route from Oakland to Mexico
Mexican ultra-low-cost airline Volaris last week inaugurated its new route connecting the Oakland airport with Zacatecas, a central Mexican city known for its past history as a silver mining hub in the 16th century. 'We are thrilled to launch this new route, connecting two emblematic cities like Oakland and Zacatecas. This is another step forward in our goal to continuously diversify our route offerings for the benefit of our customers on both sides of the border,' Jorge Roberto García Rojas, director of distribution and market development at Volaris, said in a statement. Since Volaris began operations in Oakland in 2009, the airline has transported over 4 million travelers through six routes.
SFPD to bring back retired police officers for special events
San Francisco Mayor Daniel Lurie on Monday announced that the city will soon aim to bolster its ranks by hiring recently retired police officers to staff concerts and other events as well as homeless shelters. City officials and the police union in late June agreed on the plan, which is expected to free up current officers for patrol and investigative duties and cut down the use of overtime. 'The Special Events Officer Program gives us a smarter way to deploy resources, expanding our presence at major events and critical sites while keeping officers on the beat and bringing down mandatory overtime,' SFPD Interim Chief Paul Yep said in a statement.
University of California president sends letter to chancellors regarding ban on boycotts
Outgoing University of California President Michael Drake last week said in a letter to chancellors of the UC system that student governments are prohibited from financial boycotts of companies associated with any particular country, including Israel. "Actions by University entities to implement boycotts of companies based on their association with a particular country would not align with these sound business practices," Drake wrote. A UC spokesperson said financial boycotts are inconsistent with UC's commitment to competitive bidding practices, academic freedom and the free exchange of ideas. However, U.S. laws also prohibit or heavily restrict business dealings with several countries due to sanctions, such as Iran, Russia and Cuba, among others.
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Funding Watch
AirGarage, a San Francisco provider of parking facilities management software, raised $23 million in Series B funding, Axios reports. The funding was led by Headline and joined by Founders Fund and Fourthline Capital Management.
Entrepreneur and angel investor Kulveer Taggar has launched a new investment firm, Phosphor Capital, focused on investing in early-stage companies that have participated in Y Combinator. To date, Phosphor Capital has raised and invested $34 million. Portfolio companies include Reducto, Delve, Circleback and Gumloop, the company stated in a release.
Real Estate Watch
Agent Phil Chen of Christie's International Real Estate Sereno said he's seeing a new generation of tech and finance buyers gravitate toward Hillsborough for its luxury and natural beauty. Chen and Paul Zinchik of Compass are the listing agents on 20 Pine Ct. in Hillsborough, a five-bedroom home designed by renowned architect Sean Bailey that's now listed for $13.8 million.
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20 Pine Ct. in Hillsborough is listed for $13.8 million.
David Eichler
A buyer earlier this spring snapped up 21 Everson St. in San Francisco's Glen Park for $12.5 million after the 9,700-square-foot estate, owned by Ben Ling, founder of early stage tech-focused Bling Capital and a former executive at Facebook, YouTube and Google, had listed it for $22 million before going down to $17.5 million earlier this year. The buyer was 1plus2plus3plus4plus5plus6 LLC. Vanguard Properties Frank Nolan was the listing agent.
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21 Everson St. in Glen Park
Olga Soboleva
Final thought …
As speed cameras have begun citing scofflaws in San Francisco and some other California cities, new technology is now being pointed at another ubiquitous phenomenon: illegal fireworks. As it turns out, some California cities, including Sacramento, have begun using drones to locate people shooting off illegal fireworks and cite them. And while San Francisco and Oakland are not yet among these ranks, don't expect the momentum for drone enforcement to fizzle any time soon.
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