Santa Anita Park race track sold to Frank Stronach, a Canadian billionaire businessman and horse owner. The property is valuable to the city for sales tax reasons.
Preservationists are protesting the remodeling at the Santa Anita Park race track. The Los Angeles Conservancy opposes the twin elevator towers and other plans under development.
City officials met with new Santa Anita Park owner Frank Stronach to discuss his plans for the race track. He wants to build a retail and entertainment village and an interactive horse racing theme park.
Santa Anita Companies have submitted a down-scaled entertainment complex with the new proposal for developing the South parking lot of the Santa Anita Park race track property.
Starting this spring, the new owner of Santa Anita Park, Frank Stronach, is planning the first of what will likely be massive renovations to the horse racing facility.
The City Council gave a first reading to an ordinance that would allow the FrontRunner restaurant at Santa Anita Park race track to be open year round instead of just during the race season.
The current phase of plans for the Santa Anita Park race track include a 1,200-seat restaurant, retrofitting to today's seismic standards, bringing the facility into compliance with ADA, and a terraced concrete apron in front of the grandstands.
Santa Anita Park race track requested that the City Council delay acting on legislation that would govern its nighttime operations. Public hearings will be held so that the track's stance can be explained to neighboring homeowners.
Santa Anita Park Race Track owner Frank Stronach has met with city officials about Arcadia's concerns with the track expansion plan and future sessions will be held. The concerns centered around plans to build new barns on the north side of the property, the internal connections between the track and Westfield Shopping mall traffic and people, and architectural compatibility with the track.