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.
Bay Meadows developers plan to move ahead with its demolition schedule in spite of a pending Oct. 10 court hearing on a lawsuit by a group trying to preserve the track, a senior planner for the city of San Mateo said June 25.
Hollywood Park expects to be the first California racetrack to run on a synthetic-racing surface. The Inglewood facility announced June 21 that it will begin work with Equestrian Surfaces of the United Kingdom to replace the existing main track at the conclusion of the spring/summer meet on July 16.
The Bay Meadows development plan gained approval from the San Mateo Planning Commission at its Sept. 8 meeting and has been sent to the City Council for consideration later this month.
Saying that California "has forsaken racing and its needs," the president of Churchill Downs Inc. announced July 6 that the company has sold historic Hollywood Park to Bay Meadows Land Company for $260 million.
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.
The owner of Bay Meadows race track in San Mateo has emerged as the leading candidate to acquire Hollywood Park with a bid of about $275 million, according to a report in the Los Angeles Business Journal.
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