The 83-acre old site of the Bay Meadows racetrack in San Mateo is supposed to be developed into a massive multi-use, transit-oriented development. It took years to approve, especially since a good number of people wanted to preserve the racetrack. Unfortunately financing for the development hit a snag, so construction slowed down. Now the developers are faced with a new problem: the approvals granted by the city stated that building permits must be pulled by mid-2013. "We don't see things as being delayed," said project manager Genelle Ball. "We feel very fortunate to be where we are with the project and we're very excited to be on the cusp of being able to deliver the first piece of land to the community." [SF Examiner]
Filed under: