Daily Business Report: September 3, 2026
Chula Vista’s Gaylord Hotel May Cost More Than Expected
By Jim Hinch | Voice of San Diego
A little more than a year after the Gaylord Pacific Resort and Convention Center debuted on the shoreline of South San Diego Bay, signs are emerging that the cost of publicly subsidizing the $1.3 billion mega-resort could end up being significantly higher than officials originally predicted.
Officials at Chula Vista and the Port of San Diego borrowed $383 million to subsidize the 36-acre resort. They did so, as many governments do, by issuing bonds, which function like a loan. Now they’re gearing up to refinance those bonds.
When leaders greenlit the project in 2018, they expected to spend roughly $870 million to pay back the bonds plus interest, according to city and port documents.
Peters wants the feds to build a large-scale carbon removal system. Advocates aren’t optimistic
by Alysa Horton | Times of San Diego
Rep. Scott Peters is part of a legislative push to tackle climate change by removing carbon dioxide emissions from the atmosphere.
He’s a co-sponsor of the Carbon Dioxide Removal Leadership Act of 2026, a bill proposed in both chambers of Congress that would require Secretary of Energy Chris Wright to create a robust carbon removal regime within his department.
“San Diego will face the effects of climate change from sea level rise, more intense wildfires, and flooding, which we’ve seen over the past couple decades,” Peters said in an interview with Times of San Diego. “It’s important for the federal government to do what we can to lower emissions and slow the rate of climate change.”
SDCCU Invites the Community to Attend a Free Homebuying Webinar
by SDCCU
San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, will present a free webinar on home buying on Wednesday, September 9 at 12:00 p.m. This webinar, The Keys to Homeownership, will be presented by a SDCCU real estate professional and will walk attendees through the home buying process, including
prequalification, title, escrow, appraisals, and inspections.
“The path to homeownership can feel overwhelming, but having the right information can help buyers approach the process with greater confidence,” said SDCCU President and CEO Teresa Campbell. “Through this free webinar, SDCCU is pleased to provide practical guidance that can help prospective homebuyers understand each step and make informed financial decisions.”
This free webinar is open to the public, but registration is required. To register or for details, please visit sdccu.com/fww. The webinar is part of ongoing financial educational programs hosted by SDCCU to help provide the community access to free financial wellness information. For a complete list of upcoming Financial Wellness Wednesdays webinars, visit sdccu.com/fww.
