Quote:
Originally Posted by helicopter11
Inglewood being one of the worst places in California lost one of the most iconic race tracks to developers. What is preventing Santa Anita and Del Mar having the same fate with them being in two of the most expensive locations in California? I could imagine Santa Anita and Del Mar land value being several times more than Hollywood Park.
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del mar sits on land owned by a state agency (22nd district agricultural association). del mar turf club leases the racetrack from them. i'm pretty sure that unless the state starts selling assets again it's on solid ground.
santa anita is privately held and although you never know what the owner may determine is the best use for the land, stronach hasn't made any noises about developing anything more than a portion of the parking lot. and that fell through.
btw: there are parts of the san fernando valley that are rougher than the area from the 405 to hollywood park. inglewood tracks marginally higher than the state average on crime rates. west hollywood, stockton, and barstow are just 3 examples of areas that rank higher. it's not malibu but it's hardly the "worst place".