The Inglewood City Council, as expected, gave final approval on July 8 to several zoning and specific plan amendments allowing the owners of Hollywood Park to replace the track with a massive real estate development.
The Inglewood City Council approved a final environmental impact report and a significant land use revision June 3 that would allow the conversion of the 238-acre Hollywood Park racetrack site to a mixed use development.
Final action on a redevelopment plan for Hollywood Park could come as soon as May 26 after the Inglewood Planning Commission recommended approval to the City Council.
The California Horse Racing Board got a bit of good news March 19 when the president of Hollywood Park assured commissioners that it would run its 2009 fall/winter meet as planned. The board also received an update on bankruptcy developments from Magna Entertainment Corp.
As expansion of gaming for four Southern California casino tribes lurched toward approval in the Legislature June 28, it did so with little interference from the state's racing industry.
The California Senate budget review committee said it would remove funding for the California Horse Racing Board unless the regulatory agency addresses problems and improves communication.
Friends of Bay Meadows, a citizen group sponsoring an effort to place the track's redevelopment plan before the voters in San Mateo, Calif., is holding a fundraiser to help meet legal costs March 11.
The San Mateo, Calif., City Council has approved a developer's plan to demolish Bay Meadows racetrack, while an earlier announcement the track's landowner is seeking a new site for a racino in the outer Bay Area was met with skepticism by opponents.
Churchill Downs Inc. is eliminating 18 positions at Hollywood Park, including four department heads, in anticipation of completing the Inglewood, Calif., racetrack's sale to Bay Meadows Land Co. The sale is scheduled to close Sept. 23.
Officials maintained a taut no-comment stance on reports that Churchill Downs Inc. is close to a deal with the owner of Bay Meadows for the sale of Hollywood Park, but a spokesman for California's major trainers' organization expressed comfort in the news.
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