Status of Hollywood Park?

[MaTH716]

Going forward after this meet, does anyone have any ideas what the CHRB has in store for Hollywood Park? For what I understood this was supposed to be the final year, but I believe nothing was was in stone. Just curious if anyone had some insight on the situation.

[Pedigree Ann]

The development company that owns the land isn't moving forward because of the "Great Recession." They tore down Bay Meadows and the land is still sitting empty; they can't get loans to procede. (Actually, it isn't empty, it's full of debris, and a dead loss for the city in terms of taxes coming in.) If the city council of Inglewood is smart (not always a given), they will make the company prove it has all the financing in order before they issue a single permit.

The city of Lexington has a city-block sized hole in the middle of its downtown, because the powers-that-be let the Webb Bros. tear down a bunch of 100-yr-old buildings before said company had more than promises. Turns out the guy who 'promised' funding died without signing anything, heirs felt no obligation, the Webbs had no cash to go forward, and there it sits, no businesses generating employment or taxes for the city. Since the Webbs were shamed into planting some grass on it, it is not so scar-like, and during the WEG, it made a nice auxiliary town square. Whoopee.

[richard]

Maybe they'll build a single story pharmacy or Auto Zone made of cinder blocks and glass . That's 21st century construction .

[randallscott35]

Going under

[hi_im_god]

there's no talk i've heard of bmdc moving forward with redevelopment.

it's the silver lining of a horrible economy. the downside is this:

http://www.savehollywoodpark.com/

Originally Posted by randallscott35

Going under

There's an insisive, well thought out, salient, investigative, imformative, well presented report

Well done. Great job

[freddymo]

Originally Posted by v j stauffer

There's an insisive, well thought out, salient, investigative, imformative, well presented report

Well done. Great job

If possible feel free to educate us on HP 2011/2012.. While I doubt there is any who absolutely knows an undecided future clearly your thoughts could have some insight into the situation.

BTW in all fairness a lot of folks came down hard on you for what they deemed "subjective" Rosario calls when you were his agent, for those still thinking they were flavored go and listen to the call a few days ago when Rosario won 4 in row..It was especially over the top (with reason)!

[randallscott35]

Originally Posted by v j stauffer

There's an insisive, well thought out, salient, investigative, imformative, well presented report

Well done. Great job

Much easier to call races when there are only 4 horses in the field Vicktor