Memorial Park / San Ramon and Danville Area Parks
Summer is in full swing and that means it's time to hit the parks. The San Ramon/Danville area has absolutely fantastic parks to take advantage of. With average summer temperatures around here in the high 80s, most of the parks also have water features to cool the kiddos down. A few parks even have newly updated play structures.
I have two children: ages 6 and 2 so I have lots of experience with Danville parks and San Ramon parks. In the coming weeks I will lay out the low-down on the best this great area has to offer.
Memorial Park in San Ramon
Perched atop a hill at the intersection of Bollinger Canyon Road and San Ramon Valley Boulevard, Memorial Park was dedicated on September 11, 2002. According to Wikipedia it was originally to be named Alta Mesa Park but during its construction the city changed the name to honor the heros and victims of the September 11th, 2001 terrorist attacks. Most notable among these is Tom Burnett, a San Ramon resident who perished on Flight 93 and was one of the integral group who thwarted that flight's intended attack. Memorial plaques honoring Burnett and other local residents who have passed adorn the base of the flagpole monument as well as the bases of a few young redwood trees planted in their honor.
Memorial Park's amenities and view live up to the park's notable reputation. The playground is a plethora of monkey bar, zip line and sliding fun for older kids as well as a smaller climb, crawl and slide structure for the younger set. The two areas are nicely spaced but close enough for parents to watch the whole brood. There is also a spacious enclosed sand play area with plenty of bench seating.
There is a neatly manicured baseball field bordered by a sandy walking/running trail. There are also horseshoe pits and a bocce ball court, two ample BBQs and 3 picnic tables (if those are taken, there is ample grass space to picnic too).
Two other added features make this a unique park. One is the popular dog run which is up the hill from the main park as well as a hilly BMX bike track near the dog run, equally as popular. After my young kids are through playing it's fun to go watch the big kids defy gravity!
Perhaps the most attractive and all-encompassing feature of Memorial Park is the sensation of rising above the noise and chaos of the streets below. The clear view of Mount Diablo and the surrounding mountains in the distance imparts serenity and peace - fitting for a park whose very name reminds us all of how precious and fragile life really is.
For more information on San Ramon parks click here.
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Economic News: Yesterday's Case-Shiller Home Price Index results for May showed continued strength. This index represents a three month moving average and for this report contained March, April & May data. Consumer Confidence was also on the docket yesterday and came in slightly less than expectations at 50.4 mainly driven by the stubborn employment market. Lastly, Durable Goods Orders were announced this morning for June and came in below consensus with the transportation component accounting for a large part of the decline. The Beige Book Report (a report on economic conditions released about 8 times a year ahead of the Federal Open Market Committee (FOMC) meetings) will be released at 11:00 AM PST.
Economic News: While we have a busy week ahead for economic reports we just have the New Home Sales numbers for today. There was a rebound from the very soft report for May and the June figures came in at the high range of consensus with an annualized rate of 330,000 units. While the numbers are still soft it was nice to see a rebound from the May numbers. This week the US Treasury will be auctioning $104 Billion of notes on Tuesday, Wednesday and Thursday. The results of these auctions could have an impact on interest rates.
Economic News: Yesterday brought us the Jobless Claims figures. Initial Jobless Claims rose 37,000 to 464,000 for the July 17th week. The four week moving average did improve a bit from the last report which is good news. The National Association of Realtors ® reported Existing Home Sales fell 5.1% for the month of June but this was better than the consensus estimates. Supply also rose to 8.9 months from the prior reading of 8.3 months.
Economic News: A fairly quiet week for economic reports was led off Monday with the Housing Market Index. This report by the National Association of Home Builders reflects the builder sentiment. The index fell to 14 which is the lowest since April of 2009. Housing Starts were announced yesterday and while the numbers were a bit disappointing there was optimism with the gain in housing permits.
Economic News: Yesterday's Producer Price Index (PPI) came in lower than expected influenced by a drop in the food & energy prices. The PPI inflation fell .50% on top of a .30% drop we experienced in May. Weekly Jobless Claims fell 29,000 to 429,000 which is good news. On the other hand continuing claims rose by 247,000 to 4.681 million. Industrial Production results were at the high end of consensus but were a little muted. This mild slowdown comes on the heels of gains we have experienced over the past year. Today's Consumer Price Index (CPI) showed a third consecutive decline led mainly by lower energy costs and, taken with the PPI data, shows no inflation in the pipeline at this time. Finally, Consumer Sentiment came in well below expectations with a reading of 66.5 which is the lowest since March of 2009. The recent declines in Consumer Sentiment have been partially attributed to the effects of the gulf oil spill and we can only hope that the cap which has stopped the flow of oil will be a success.
Economic News: Yesterday's International Trade figures reveled an unexpected widening in the trade gap but there was a positive reading for US exports as they expanded across all sectors. Today's Retail Sales Report was a tad worse than expected but the electronics & appliance sector sported nice gains. The Federal Open Market Committee (FOMC) will be releasing the minutes from their last meeting at 11:00 AM today.
Economic News: The holiday shortened week did not bring much in the way of economic news. The Dow Jones Industrial Average made steady progress and moved back above the 10,000 mark. We will be greeted with a more active market calendar next week with the beginning of "earnings season" as well as readings on Retail Sales and the current inflation picture. The economic uncertainty in the Euro Zone as well as our weak labor markets should keep a lid on any near term rate increases by the Federal Reserve.