"The 160-acre waterfront property that was once home to Golden Gate Fields horse racing track could soon become a new public park, linking more than eight miles of open space along the East Bay shoreline."
"According to the city, the property generates about $1.1 million in special revenues for the city and $700,000 for the Albany Unified School District annually."
"We're approaching various state agencies who have a high interest in the property, who have high interest in restoration of the Bay, who have a high interest in expanding biodiversity and protecting biodiversity."
Golden Gate Fields, a former horse racing track, is set to become a public park, connecting over eight miles of East Bay shoreline. The Trust for Public Land aims to raise $175 million by year-end to purchase the 160-acre site. The area has been a focal point for community discussions on its future for decades. The property currently generates significant revenue for the city and local schools. A report suggests maintaining most of the land as open space while allowing some commercial development.
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