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RSS FeedsWoodbine Racetrack lands to be site of `a city within city´ in latest plan
(The Star Fashion & Style)

 
 

26 april 2017 12:19:23

 
Woodbine Racetrack lands to be site of `a city within city´ in latest plan
(The Star Fashion & Style)
 


The future of the Woodbine Racetrack lands was mapped out Tuesday, amid hopes that this development will go forward unlike past attempts.Woodbine’s privately owned 275-hectare site will “continue to be the ultimate destination for horse racing and gaming” with 81 hectares devoted to horse racing operations, according to a news release. But it will also include “entertainment and cultural offerings, food and dining, hotel, shopping, office space, post-secondary education, recreation, health, wellness, and urban residential living.”The development, led by Woodbine Entertainment Group in collaboration with others, will be a “city within a city.” It has been divided into phases, said Jim Lawson, CEO of Woodbine Entertainment Group. The first phase will include the expanded gaming district, along with entertainment and hospitality venues.But similar development attempts have been made in the past.In 2013, a Baltimore developer scrapped plans for Woodbine Live!, a massive shopping and entertainment complex.Hopes of replacing Ontario Lottery and Gaming Corporation slot machines at Woodbine with a full casino were also dashed that year when council rejected that along with a downtown casino. But council later reconsidered, opening the door to a casino by a 25-19 vote amid fears for the track’s future.OLG is currently seeking a private sector service provider to operate the Slots at Woodbine Racetrack site and to propose an expanded entertainment development, consistent with the City of Toronto’s conditions. The private sector provider is expected to be named in September, Lawson said.The gaming expansion, Lawson said, is one of the reasons he believes the development will succeed, as it is “the trigger needed to generate a lot of excitement and economic activity around Rexdale, in an area that needs it.”Woodbine is also in a good position for development, according to Lawson, with the potential ...


 
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