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Welcome to The San Diego Newsletter!

In today’s edition:

• Little Italy hotel changes hands for more than $61M.

• Upcoming San Diego Padres match

• A deep-dive into the life of Alonzo Horton

• And more…

Quote of the Week

“Go as far as you can see; when you get there, you’ll be able to see further.”

—Thomas Carlyle

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked… 

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Which San Diego neighborhood is renowned for its annual Pride Parade and vibrant LGBTQ+ community?

A) Hillcrest

B) North Park

C) Ocean Beach

D) Pacific Beach

Answer to Last Week's Trivia:

The scenic coastal route that runs through La Jolla in San Diego is A) Pacific Coast Highway.

News

💼 Business

Despite a persistent heat wave, California’s grid is ‘stable’. (Link)

San Diego biotech news: Eli Lilly inks deal that could lead to $1B acquisition of this local company. (Link)

🏒 Sports

MLB All-Star Game starters announced; Phillies lead with 3 selections. (Link)

Top-10 prospects Marcelo Mayer, Ethan Salas, Dylan Crews, Max Clark highlight Futures Game rosters. (Link)

🏦 Finance

Little Italy hotel changes hands for more than $61M. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

⚾ Atlanta Braves at San Diego Padres
Petco Park, San Diego
Friday, Jul. 12th to Sunday, Jul. 14th | (More info)

🏉 Fiji vs All Blacks
SnapDragon Stadium, San Diego
Friday, Jul. 19th | (More info)

Music & Concerts

🎵 In the Valley Below
Casbah, San Diego
Thursday, Jul. 11th | (More info)

🎵 mxmtoon
House of Blues San Diego
Saturday, Jul. 13th | (More info)

Family

📚 Children’s Storytime and Songs
7250 Eckstrom Avenue #unit 4, San Diego
Sunday, Jul. 14th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Metropolis of San Diego with a massive central AI-controlled hub” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

San Diego Historical Events

1960 - Opening of SeaWorld San Diego.

In 1960, SeaWorld San Diego made a historic splash as it opened its gates to the public, marking the beginning of an iconic era in marine entertainment and education. Nestled along the picturesque coastline of San Diego, SeaWorld quickly became a beloved destination for locals and tourists alike. The park's inaugural year was met with great excitement and anticipation, as visitors flocked to witness the awe-inspiring marine life, thrilling performances, and interactive exhibits that SeaWorld had to offer. From the playful antics of dolphins and sea lions to the majestic presence of orcas, SeaWorld San Diego captivated audiences with its captivating blend of entertainment and conservation.

The opening of SeaWorld San Diego in 1960 not only introduced a new form of entertainment to the city but also sparked a heightened awareness of marine conservation and stewardship. As guests marveled at the incredible marine creatures and enjoyed the exhilarating shows, they also gained a deeper appreciation for the importance of protecting the ocean and its inhabitants. SeaWorld's commitment to marine research, rescue, and rehabilitation further solidified its role as a leader in marine conservation efforts, inspiring visitors to become advocates for the preservation of marine ecosystems.

Over the years, SeaWorld San Diego has continued to evolve, offering innovative experiences that celebrate the wonders of the ocean while emphasizing the importance of environmental sustainability. From immersive animal encounters to educational programs, SeaWorld remains a cherished institution that invites guests to connect with marine life in meaningful and impactful ways. The opening of SeaWorld San Diego in 1960 laid the foundation for a legacy of marine conservation, entertainment, and education that continues to thrive and inspire generations of visitors in San Diego and beyond.

Famous People From San Diego

Alonzo Horton - (1813-1909)

Alonzo Erastus Horton, also known as the Father of San Diego, was an American real estate developer and visionary who played a pivotal role in shaping the modern city of San Diego. His legacy as a civic leader and urban planner continues to influence the city's development and identity.

Early Life and Vision for San Diego

Alonzo Horton was born on October 24, 1813, in Union, Connecticut, and grew up in Onondaga County, New York. His upbringing in an old New England family instilled in him a sense of purpose and determination. Horton's journey to San Diego began in 1867 when he sold off his merchandise in San Francisco and embarked on a journey that would change the course of the city's history.

Arrival in San Diego and Civic Contributions

Upon arriving in San Diego, Horton recognized the city's potential, describing it as The healthiest spot in the world with the best harbors in the world. He quickly established himself as a prominent figure and began his real estate endeavors, laying the foundation for the city's growth and development. His vision for San Diego as a thriving urban center led to the establishment of key landmarks and infrastructure that continue to define the city's landscape.

Legacy and Enduring Impact

Alonzo Horton's contributions to San Diego's development are evident in the enduring landmarks that bear his name, such as the Horton Plaza mall in downtown San Diego. His dedication to urban planning and real estate development has left an indelible mark on the city, shaping its identity and growth for generations to come. Horton's legacy as the Father of San Diego continues to inspire civic leaders and urban planners, serving as a testament to his enduring impact on the city's history and future.

Key Achievements of Alonzo Horton:

• Pioneered real estate development in San Diego, laying the foundation for the city's growth and urban planning.

• Recognized the potential of San Diego's natural resources and harbors, contributing to the city's status as a thriving urban center.

• Established enduring landmarks and infrastructure that continue to define San Diego's landscape, including the iconic Horton Plaza mall.

Shaped the identity and growth of San Diego for generations to come, earning the title of the Father of San Diego.lonzo Horton's visionary leadership and enduring impact on San Diego's development have solidified his place as a key figure in the city's history, leaving a legacy that continues to shape the city's future.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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