If you visit the old site of the Bay Meadows racetrack in San Mateo, you'll see the beginnings of a street grid and maybe some water and drainage lines. The 83-acre site is fit to become a massive multi-use, transit-oriented development centered on the Hillsdale Caltrain station. It was approved in 2005, after much opposition from groups looking to preserve the 75-year-old racetrack. Unfortunately development hit a snag due to the poor economy, but developer Wilson Meany Sullivan thinks that at its current rate, the project could house residents as soon as the end of next year. "That might be a little optimistic, but I think it can happen," said San Mateo Mayor Jack Matthews. [SF Examiner/click rendering for a larger version]
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