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American City Business Journals - Not for Commercial Use JANUARY 22, 2010 | SUPPLEMENT TO THE SACRAMENTO BUSINESS JOURNAL Years of Business © American City Business Journals - Not for commercial use S PONSORED BY: PROVIDED BY US — DISTRIBUTED BY YOU. ® SHAREPOINT 2010 — • ASSESSMENTS • BUSINESS & TECHNOLOGY ROADMAPS • DEPLOYMENTS • TECHNICAL EDUNARSSM • DESIGN & BRANDING • DASHBOARDS • DEVELOPMENT & INTEGRATION • SECURITY © American City Business Journals - Not for commercial use IN COOPERATION WITH: WWW.KIEFERCONSULTING.COM 916.357.6767 © American City Business Journals - Not for commercial use S-2 | 25 YEARS OF BUSINESS SACRAMENTO BUSINESS JOURNAL | JANUARY 22, 2010 25 events, people and companies Contents | from the past quarter-century S-4 Publisher’s foreword S-30 Galleria at Roseville S-6 Sacramento Kings S-32 Elk Grove S-8 Joe Serna Jr. S-34 Raley Field S-10 Air base closures S-36 The state budget S-12 Angelo Tsakopoulos S-38 Gov. Arnold Schwarzenegger S-14 Tower Records S-40 Casinos S-16 Dan Crowley S-42 Housing on the march S-18 The Money Store S-44 Downtown hotels S-20 The Benvenuti family S-46 1984 S-22 Midtown S-47 Green biz S-24 Raley’s Inc. S-48 The McClatchy Co. S-26 Southwest Airlines S-50 Light rail S-28 Buzz Oates S-52 The Blueprint © American City Business Journals - Not for commercial use ■ 25 Years of Business is published by The Sacramento Business Journal. Copyright © 2010 by The Sacramento Business Journal, 1400 X Street, Sacramento, CA 95818 • 916-447-7661 • sacramento.bizjournals.com Publisher: Joanna Wessman • EDITORIAL: Editor: Ron Trujillo • Senior associate editor/ Julie Sherry • Marketplace manager: Judy Porter • Advertising coordinator: Chan Saelee 25 Years of Business designer: Jennifer Myers • Assistant managing editor: Gary Chazen • PRODUCTION: Art/Production director: Mike Grover • Graphic designer/Illustrator: Jeff • Associate editor: Suzanne Webb Jeter • Assistant associate editor: Beth Davis • Senior Byrd • Graphic designer: Heather Witzens • MARKETING AND SUBSCRIBER SERVICES: reporter: Kathy Robertson • Reporters: Mark Anderson, Kelly Johnson, Michael Shaw Circulation and marketing director: Delania Lustig • Marketing coordinator: Crystal and Melanie Turner • Senior research director: Sharon Havranek • Senior research Dillard • Circulation sales executives: Debra Roak and Robert Robinson • Outside sales assistant: Elizabeth Eccles • Research assistant: Mary Alice Coverdale • Photographer: executive: Lauren Edvalson • ADMINISTRATION: Business manager: Bea Franchetto • Dennis McCoy • ADVERTISING: Advertising director: Mike Gannon • Senior account Events marketing manager: Renee Siden • Administrative coordinator: Shannon Mok • executive: Carol Kracht • Account executives: Tiffany Carlson, Teri Gorman and Receptionist: Meuy Saechao • Cover design: Jeff Byrd, photo by Dennis McCoy The “Big Build” at the Sacramento International Airport is one of the many ongoing projects of WKA. Corporate offices located Wallace-Kuhl & Associates, Inc. in West Sacramento A Firm Built on Strength and Reliability for 25 Years Wallace-Kuhl and Associates (WKA) has been a commanding force in geotechnical and geologic engineering, environmental and ecological services, construction testing and inspection for 25 years. Since our company was founded in 1984, we have proudly employed the finest skilled engineers, geologists, environmental scientists, engineer technicians and construction inspectors. Over the years, WKA has expanded our facilities to be able to serve Northern California and Northern Nevada. WKA's reputation and strength is based on our philosophy of building long-term client relation- ships and providing practical, cost-effective solutions. © American City Business Journals - Not for commercial use As Wallace-Kuhl and Associates celebrate our 25th year anniversary, we would like to thank our loyal clients and congratulate the Sacramento Business Journal for 25 years of serving our business community. 3251 Beacon Blvd. Suite 300 West Sacramento CA 95691 Voice: (916) 372-1434 Fax: (916) 372-2565 www.wallace-kuhl.com GEOTECHNICAL ENGINEERING • ENGINEERING GEOLOGY • SOIL AND MATERIALS TESTING • CONSTRUCTION INSPECTION • ENVIRONMENTAL CONSULTING • REMEDIATION SERVICE S-4 | 25 YEARS OF BUSINESS SACRAMENTO BUSINESS JOURNAL | JANUARY 22, 2010 Foreword | 25 Years of Business he story began 25 years ago, when a small, Do we havee a cel-cel- weekly business publication chain in Kansas ebration in ourur honorhonor TCity, Mo., decided to invest in a business jour- as we have inn thethe papastst nal in Sacramento. or a publicationion rec- The general attitude initially: “This isn’t a busi- ognizing all ofof our ness town, what are you thinking?” accomplishmentsments We often become what we believe, but fortu- over a quarterer of nately a group of entrepreneurs chose to ignore a century? Afterfter the naysayers in this community and set out to much discus-- tell the stories — good, bad and sometimes boring. sion, we chosese They profiled the people and events and to acknowledgedge in doing so provided the business intel- and recognizeze ligence necessary to support a dynamic the business economy. community Fast forward a quarter-century for providingg (sounds much longer than 25 years, the stories huh?), and the Sacramento region has and demon- grown into a strong business community. strating the We’ve learned a lot along the way. And appreciation of PUBLISHER’S there is much more to learn. the newspaperer for tellingtelling FOREWORD Certainly, the past couple of years those stories throughthrough your read-read- presented us with the most challenging ership, advertisingti i andd partnershipst hi ffor JOANNA The cover of the economy we’ve ever faced. Hopefully, many years. WESSMAN May 5, 1985, it also presented us with lessons we’ll This is just the beginning of the story. Business Journal carry as we shape the next 25 years. There is much more to tell. And, as we announces Within this publication, our award-winning have in the past, we’ll be here to tell your Dan Kennedy newsroom, with input from our readers, chose 25 stories as you shape our next quarter-cen- as publisher. stories that have shaped the region. This certainly tury of business. is not all-inclusive, as I’m sure you know of many The information is being delivered in dif- more to be told. In fact, if you would like to share ferent — and more — ways than 25 years ago, but some of those stories, you can e-mail editor we’re committed to continue to report fairly and as Ron Trujillo at [email protected]. thoroughly as we have in the past. We struggled with how to recognize this I hope you will join me in believing the future is momentous occasion. bright. We have an opportunity to shape our next wave of prosperity. We’ll celebrate our accom- plishments and the les- sons learned, and yet to be learned. And, we’ll be here to © American City Business Journals - Not for commercial usetell your stories. In 25 years of covering business in Sacramento, photographer Dennis McCoy has documented the closure of McClellan Air Force base, the growth of Elk Grove, Rancho Seco, changes in the skyline, the birth and death of Tower Records and changes in Curtis Park (clockwise from top left). 8IFOZPVBSFJOWPMWFEJOBCVTJOFTTEJTQVUFUIFSFBSFNBOZPQUJPOTBWBJMBCMFPUIFSUIBOUSJBM 4PNFDBTFTBSFSJQFGPSFBSMZSFTPMVUJPO0UIFSTDBOCFEJTQPTFEPGWJBNPUJPOTPSOFHPUJBUJPO *U UBLFT B TFBTPOFE BUUPSOFZ UP SFDPHOJ[F UIFTF PQQPSUVOJUJFT CSJOH NBUUFST UP B TQFFEZ DPODMVTJPOBOEBWPJEUJNFDPOTVNJOHBOEFYQFOTJWFMJUJHBUJPO"U1PSUFS4DPUUBMMXFEPJTMJUJHBUJPOp DPOWJODJOHMZ EFDJTJWFMZ DPODMVTJWFMZ © American City Business Journals - Not for commercial use 5)&$-&"3$)0*$&8)&/3&46-54."55&3 NMPRCPQAMRR AMK S-6 | 25 YEARS OF BUSINESS SACRAMENTO BUSINESS JOURNAL | JANUARY 22, 2010 Team brought worldwide Sacramento Kings | recognition to region hen the Sacramento Kings ar- rived 25 years ago, denizens real- Wized the capital region could be a major-league city, and not just in sports. “The Kings have helped give our re- gion pride, swagger and a sense of self,” said Matt Mahood, president and chief executive officer of the Sacramento Metro Chamber. “It brings the entire community to- gether for one cause,” said Gavin Ma- loof, Kings co-owner. Originally, Gregg Lukenbill and his partners thought they would bring ma- jor-league sports to Sacramento with professional baseball. They bought 435 acres of farmland in North Natomas, but the City Council and voters rejected the rezoning necessary for a ballpark. “Our biggest chal- Developer Gregg Lukenbill, right, seen here in 1986 with Rann Haight, who designed Arco STORY BY lenge: The people of Arena, helped bring the Kings to Sacramento — and housing to North Natomas. KELLY JOHNSON Sacramento could not believe we could PHOTO BY ever be a major- continually pans over the downtown, and pays about $1 million in property DENNIS McCOY league city,” said the Tower Bridge, the confluence of taxes. The company gave up its Sac- Greg Van Dusen, the Sacramento and American Rivers, ramento Monarchs women’s basket- who worked for Lukenbill and helped or the snow-capped Sierra Mountains ball franchise in November. The Mon- bring the Kings from Kansas City, Mo. — showing off some of the region’s archs were one of the WNBA’s original A National Basketball Association best physical eight teams in 1997, and won the league executive suggested Sacramento try for attributes.” championship in 2005 and the Western basketball instead. The team has ‘The Kings have Conference in 2006. The new owners of the Kansas City featured several helped give our The focus these days is whether the Kings brought the team to Sacramento all-star players Kings need a new place to play, where for the 1985-86 season. The Kings moved who were active- region pride, that new home would be and who would into the new Arco Arena for the 1988-89 ly involved in the pay for it. Cal Expo has been talking season. For years, the Kings have been community, such swagger and a with the NBA for two years about the known for their loyal fans, and until as Vlade Divac and sense of self.’ possibility of using a basketball arena last season, the team had an impressive Chris Webber. and commercial development to pay for string of sold-out games.
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