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Fate of racetrack still up for debate

May 29, 2009 12:33:55 PM PDT
Inglewood residents will get another chance to speak out on a proposed $2 billion real estate development project that would replace the historic Hollywood Park racetrack.A vote by the Inglewood City Council had been scheduled for Thursday, but it was delayed until June 3.

If the council approves the project, the track's owner, San Francisco developer Wilson Meany Sullivan, plans to begin building a massive retail and residential complex in about a year. It would be called Hollywood Park Tomorrow.

The owner says Hollywood Park, where horses have raced since 1938, is no longer profitable, and the new project would be a boom for the city of Inglewood, creating parks, fixing streets and even possibly installing a new school.

Horse racing officials would reportedly get six months notice, and racing would come to a halt either in July or December to coincide with the end of one of the track's two seasons.

The 238-acre project would include the existing Hollywood Park Casino.

CNS contributed to this report.

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