Developers have released plans for a mixed use retail project to replace a horse racing track, a proposal that would be one of the largest redevelopment projects in the region.
"The Hollywood Park Tomorrow project would mark one of the region's largest redevelopment projects, covering 238 acres in Inglewood -- though it faces hurdles."
"The plan has yet to be finalized, and Inglewood officials still must approve it. The developers say that once they get the go-ahead, they're ready to tear down the track and break ground on the roughly $2-billion project."
"A question remains about the feasibility of launching such a large project amid an economic downturn that has stalled similar developments."
"Hollywood Park officials have guaranteed horse racing only through this summer."
"The proposed project's plan is to mix the retail space -- which includes dozens of shops and restaurants, a 15-screen movie theater and a refurbished casino at its existing location -- with nearly 3,000 residential units, 75,000 square feet of office space, a 300-room hotel, 25 acres of park space and a four-acre civic site that could be a school."
Thanks to Curbed L.A.
Read the full story: Plans to replace Hollywood Park racetrack progress
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