Dec 19 2008
Is Albany’s Waterfront in Question Again
Is the future of Albany’s Waterfront in question again.
News of The Golden Gate Fields being for sale “has stoked a decades-long local debate over the fate of the prime piece of real estate along the Albany waterfront.
It’s unclear whether the Albany track would be among those put on the block, and if so, be sold as a racetrack business or simply as real estate.
Golden Gate Fields, bought by Magna in 1999, sits on 80 acres along the bay.
In 2002, Magna proposed developing part of the land for retail, entertainment and lodging, but by 2006 abandoned the idea after facing community opposition to a mall on the site.
“They discovered that’s a very difficult thing to do in Albany,” said Albany City Councilman Farid Javandel.”
Read the full article Weighing Odds on Golden Gate Fields
Where does Marge Atkinson the newly elected mayor of Albany stand on the waterfront controversy?
Other Articles:
Owner may sell Golden Gate Fields – Inside BayArea.com
Quarrel on Albany’s Waterfront subsides – AlbanyToday.com
