Daily Business Report: November 5, 2026
By Times of San Diego Staff & Reports
Here are the latest San Diego County general election results for Nov. 3, 2026.
All results are unofficial until the completion of the official canvass on or before Dec. 3.
The next updates, following election night, are set for 6 p.m. on Thursday, Nov. 5 and Friday, Nov. 6, then by 6 p.m. on Monday, Nov. 9.
Fashion Valley owner returns with plans to tear down JCPenney and build large mixed-use project
by Dorian Hargrove | Times of San Diego
The Simon Property Group resurrected its plan, albeit on a much smaller scale, to demolish the JCPenney department store building at Fashion Valley and add new restaurants, retail and 410 housing units in its place.
Representatives from Simon Property Group and architects for the residential and retail mixed-use development shared the company’s new vision for the western edge of Fashion Valley Mall with members of the Mission Valley Planning Group during a Wednesday meeting.
According to the plan, the country’s largest shopping mall owner would tear down the JCPenney store, the Firestone Tire building and a vacant strip mall just to the north of the department store to make room for a massive mixed-use development.
California housing bonds: Voters pass Prop. 37, Prop. 1
by Ben Christopher| CalMatrers
California voters approved two housing bond measures, Propositions 1 and 37, according to the Associated Press.
The two bonds take aim at the state’s affordable housing crisis in very different ways.
Prop. 1 would give the state permission to borrow a record-breaking $11.25 billion, with the lion’s share going toward the construction of affordable housing for low-income renters and homeless Californians.
