Prominent local CEO leaving for Seattle job

Cheers to Friday, LinkedIn community. Let's start with some news about the CEO of a prolific Sacramento affordable housing developer.

Mutual Housing California announced Wednesday that CEO Roberto Jimenez was leaving to lead a new public housing authority in Seattle.

Jiménez has been working in affordable housing development for two decades. He was among the Business Journal's Most Admired CEOs in 2023.

Learn more in this article by reporter Emily Hamann .

Here are the rest of your local business headlines.

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Sac State suspends MBA for executives program

California State University-Sacramento has suspended a once-popular business program aimed at executives due to low enrollment.

A notice on the College of Business’ website said that its Master of Business Administration for Executives program was on hiatus. It will not be offered during the fall 2024 or spring 2025 semesters. Read more

Buca di Beppo closes a local restaurant

Italian restaurant chain Buca di Beppo has permanently closed its longtime Arden-Arcade location, several years before its lease was set to expire.

The restaurant, best known for serving family-style Italian fare, opened the location at 1249 Howe Ave. in September 1999, marking the area's first site for the chain. The restaurant filled an approximately 8,550-square-foot, two-story?former bank building?at the southwest corner of Hurley Way and Howe Avenue near Cal Expo. Read more

Update on West Jackson Highway Master Plan

One of the master plan developments on Sacramento County's "Jackson Corridor" is moving toward final votes for approval in the next six months.

Through Sept. 9, the county will take comments on a draft environmental impact report for West Jackson Highway, a 5,913-acre project planned for more than 16,000 residential units east of the city of Sacramento. Read more

Propel Fuels' lawsuit against oil giant gets court date

After more than two years of litigation, the lawsuit filed by Propel Fuels against petroleum company Phillips 66 Co. has a court date for a jury trial.

Sacramento-based renewable fuel company Propel sued the Houston-based oil giant, alleging Phillips appropriated Propel's trade secrets during due diligence for an acquisition that never occurred.

Propel is seeking more than $1 billion for compensatory damages, which could be eligible for treble damages. Read more

Your weekly restaurant roundup

Buca di Beppo wasn't the only restaurant in the news this week. Reporter Jacob Abbott stayed busy with a variety of openings and closings. Here are some of his biggest headlines.

First: The owners of Faria Bakery are expanding operations along Broadway in Oak Park, where they plan to open a new restaurant offering small plates and pizzas. Read more

Also: Chico-based Jon and Bon's Yogurt Shoppe has closed its locations in the Sacramento area, but their replacements are already lined up. Read more

Also: The owner of locally based Chicago Fire says his chain's Elk Grove location was the latest casualty of California's current business environment. Read more

Thanks for reading our Weekly Edition, which was compiled by Managing Editor Sonya Sorich. Send feedback and news tips to [email protected].