Hollywood Park may be celebrating its 70th anniversary season, but the question remains, will the Southern California track be around in 2009 for its 71st? "I just don't know -- nobody knows," said F. Jack Liebau, Hollywood Park president, on opening day, April 23.
Plans to develop 59 acres of a Central Kentucky horse farm have triggered a debate, but the issue may come down to property rights.
The decision to expand the Urban Service Area in Lexington, a topic that has sparked the interest of hundreds of concerned citizens at a series of community meetings the last two months, has been put on hold until early next year.
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.
Magna Entertainment Corp. and Forest City Enterprises have entered into a partnership on the proposed Village at Gulfstream Park, a retail, entertainment, and residential development that will dovetail with racing and gaming operations at the Hallandale Beach, Fla., racetrack.
The estate of Ogden Phipps has reached an agreement with Kean Development Co. for the sale of a 158-acre wooded tract of land of the Phipps family's Old Westbury property on Long Island, N.Y.
Members of the Louisville, Ky. Metro Planning Commission were expected to discuss possible changes in land-use regulations Jan. 22 that could have far-reaching effects on commercial horse stables in Jefferson County. But instead, planning officials agreed to table discussion of the controversial proposals until a later date.
Continuation of part one...
There are a number of governmental and charitable programs for the purchase of development rights. In these programs, farm owners sell their development rights by placing a perpetual easement on the land restricting the rights of current and future owners to develop the land. When development rights are sold for less than the reduction in fair value resulting from restricting development on the land, a charitable income tax deduction may be available.
A proposed Wal-Mart distribution center that would mean additional jobs for Marion County, Fla., continues to be a source of concern for many area farm owners.
Wal-Mart is considering building a 1.2 million-square-foot distribution center north of Ocala, Fla., and one potential site is 100 acres of Noel Hickey's 320-acre Irish Acres farm.
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