With a letter to the state horse racing board asking them not schedule any events there next year, the huge Hollywood Park Tomorrow development plan is officially off and running. The last race at the Inglewood track will be held in December, and then in January work will finally begin on the enormous project to replace the the track with a renovated Hollywood Park casino, shopping center, 300-room hotel, office space, parks, 2,995 residences (mostly single-family houses and townhouses), and two lakes. Several new streets will also need to be built across the 238-acre site. The Daily Breeze says developers are deciding now how to phase the project, and expect to make an announcement on that score over the summer. Hollywood Park Land bought the property in 2005 for $260 million and plans for the overhaul were approved in 2009. Then things went very quiet. Earlier this year we got word that work on the casino would move forward but that plans for the residential units were on hold because of the sluggish housing market. What a difference a few months make.
· Hollywood Park closure a mixed blessing for Inglewood [DB]
· Hollywood Park Archives [Curbed LA]