In a major retreat from its campaign to develop land south of the Santa Anita Park race track, Santa Anita Realty Enterprises has withdrawn its application to build a $300 million entertainment complex.
More than 500 residents packed the Community Center last week regarding a proposed entertainment complex at Santa Anita Park. Opponents of the project have become increasingly vocal in recent weeks.
Santa Anita Park race track's CEO and President Ron Charles said Santa Anita Park race track will not be sold to help Magnum Entertainment Corporation eliminate a $600-million-plus debt. However, Santa Anita Park race track is entertaining discussions with Magnum Entertainment Corporation concerning potential partnerships or joint ventures on a minority interest basis. Includes a historical timeline.
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.
View almost due west from Santa Anita Race track Clubhouse roof over portion of housing put up for the evacuees at the Santa Anita Assembly Center for the Japanese. Note training track in the center of photo. Beyond it can be seen houses in Santa Anita Village. This entire area became part of Fashion Park later. This photo, together with photos #655 and 656, form a panorama.
Dick Closson and Gail Jensen, co-chairs of Arcadia Tomorrow, addressed a recent City Council Meeting to express their support of the proposed Santa Anita Arts and Entertainment Center.
1. City of Arcadia Notice of Public Scoping Meeting for an environmental impact report held August 9, 1995. 2. Single sheet mailed "To the Concerned Citizen" by an unknown source. August 1995. 3. Agenda for Santa Anita Entertainment Center Public Hearing and Scoping Meeting August 9, 1995. 4. C…
Magna Entertainment Corp. (MEC), owner of Santa Anita Park, has filed for Chapter 11 bankruptcy protection. Santa Anita Park may be sold to pay off Magna's debts. Frank Stronach paid $126 million for Santa Anita Park in 1996. The track has three potential buyers, including a group from Asia.
Since Magna Entertainment Corp., the owner of Santa Anita Park, has filed for Chapter 11 bankruptcy. The race track will be auctioned off in September. That land is zoned for horse racing. Jason Kruckeberg, Arcadia's Development Services Director, said it will remain as a race track.
Santa Anita Park's parent company, Magna Entertainment Corp., faces the threat of bankruptcy amid mounting losses and a $600 million debt burden. The current racing season and status are unaffected. Frank Stronach of Magna Entertainment Corp. said he was looking for partners for the track.
Although Magna Entertainment Corp. (MEC) , the parent company of Santa Anita Park race track, filed for bankruptcy protection yesterday, the fate of the track's paymaster accounts remains uncertain. The bankruptcy judge could declare the $15 million, which was placed in the joint trust account, an asset of MEC and order it frozen.
Aerial view looking down on Fashion Park from a position over intersection of Baldwin & Huntington Drive. Looking N toward Santa Anita Race Track grandstand during racing season (all of the cars parked on light-surfaced parking area are attending races.)
Officials with the Santa Anita Companies, owners of the race track and Santa Anita Fashion Park, have filed a formal application with the City of Arcadia to build a new 100-acre entertainment center on its property.
Months of talks between Westfield Shopping Town Santa Anita and Santa Anita Park race track about building a shopping center seem to have fallen through.