Bay Area deal puts Golden Gate Fields fate on hold as 1/ST (Stronach Group) eyes big park/housing project, reshaping horse racing’s footprint. Stronach: Canadian-born billionaire family outfit behind real estate, racing, and wagering.
The Trust for Public Land plans to buy the 161-acre Golden Gate Fields site on the Berkeley-Albany border for $175 million, aiming to convert it into a shoreline park. The move has sparked debate over housing needs versus environmental preservation, with some residents opposing the park in favor of housing development.