- Homebuilder Hunter Pasteur Homes is under contract to buy site
- Race track to remain open until development begins
- Owners are looking to relocate to site “in close proximity to its current location”
Farmington Hills-based homebuilder Hunter Pasteur Homes is under contract to buy the Northville Downs horse racetrack and redevelop the 48-acre property for housing.
The harness racetrack’s land has long been sought by developers in upscale Northville, but the project wouldn’t necessarily end horse racing in the area.
The site near Sheldon Road and Hines Drive is expected to be turned into 500-600 apartments and for-sale townhouses and single-family homes, according to a news release. Commercial uses are also expected.
Northville Downs, Michigan’s last horse track since Hazel Park Raceway closed earlier this month, will remain open until the development begins. The track’s owners will seek to continue racing and wagering operations “at an area in close proximity to its current location,” according to the statement from Hunter Pasteur Homes.
Continue reading full article on Crain’s Detroit Business.