Singing the praises of our 40 Under 40 honorees

Happy Friday, LinkedIn community. Let me explain why I'm currently reciting the lyrics to "Pink Pony Club."

We celebrated our 40 Under 40 honorees with a big party last night at The Pavilion at Haggin Oaks.

Both the event and our 40 Under 40 publication included a theme of music. Honorees were asked to select theme songs for their careers.

Yes, someone chose "Pink Pony Club."

Here's your guide to all this year's 40 Under 40 honorees — and their soundtracks.

Once again, I left our 40 Under 40 event energized, inspired and ready to write my own career power anthem.

Bust a move before checking out these local business headlines.

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Renaissance Tower auction concludes

Prolific real estate investor Ethan Conrad has confirmed he had the top bid for Downtown Sacramento's Renaissance Tower in an auction completed Wednesday.

Conrad, who's bought two other Downtown buildings in recent months, submitted the $21 million bid that should lead to him formally purchasing the property, he said in an email. He said later Thursday he'd received a formal purchase agreement for the building.

The purchase price would be just over a fourth of the sales price the last time Renaissance Tower sold in 2016, for $80 million. Read more

Group signs lease for former Chando's Cantina site

A new tenant is in the works for the former Chando's Cantina space near Downtown Sacramento, which has been vacant for more than a year.

San Jose-based BMGG International Inc. recently applied for a liquor license for a business called Evolutions at 805 15th St. in Sacramento. The company, which lists its owners as Jorge Gonzalez and Laura Gonzalez, states the business will be a sports bar and live music venue in filings with the California Secretary of State.?Read more

Closed Outback Steakhouse could get new plan

A former Outback Steakhouse site in Gold River?that closed four years ago?could have a new plan in its future, but not in its current setup.

Sacramento County is processing a pre-application to tear down the existing 6,400-square-foot building and replace it with two drive-thru restaurants at 2100 Gold Centre Lane. Read more

Business filling former Peet's Coffee space

The former Peet's Coffee space in East Sacramento is being converted into a new concept by a local group that includes an owner of SacYard Community Tap House.

The group is in the process of converting the approximately 1,600-square-foot former Peet's space into Tandem Coffee & Wine, which will be a coffee and wine bar that serves breakfast, lunch and dinner. The business will be at 3100 Folsom Blvd., Suite 100. Read more

New taproom planned in Rocklin

A group of local craft beer fans and industry veterans are teaming up to open a new taproom in the former Craft Beer Vault space in Rocklin.

The new business, which will be called The One Spot, is planned for 6508 Lonetree Blvd., Suite 108, in the Rocklin 65 Retail Plaza. The space was last occupied by Craft Beer Vault, a beer bar that?opened in 2015. The business closed earlier this year but appeared to be?planning a reopening?in March, which never happened. Read more

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