City of Baltimore, The Stronach Group/Maryland Jockey Club and Maryland Thoroughbred Industry Announce Historic Plan to Preserve the Preakness Stakes® at Pimlico Race Course
Saturday Oct 5th, 2019
Better Schools. Safer Streets. Stronger Neighborhoods.
FOR IMMEDIATE RELEASE
BALTIMORE, MD. — Today Mayor Bernard C. “Jack” Young announced that the City, The Stronach Group, owner of the Maryland Jockey Club, Pimlico Race Course in Baltimore City, the Preakness Stakes® and Laurel Park in Anne Arundel County, along with the Maryland thoroughbred industry have reached an historic agreement in principle to jointly submit to the State leadership in Annapolis for review and consideration, plans that, if approved during the next General Assembly, would preserve the Preakness Stakes® at Pimlico and enhance year-round sustainable racing at Laurel Park with state-of-the-art modern facilities and spur community redevelopment efforts in and around Pimlico.
The Pimlico plan includes a new state-of-the-art clubhouse and community events center at Pimlico, replacing facilities that were over 100 years old in parts. The clubhouse and events center will be a community asset and available for community use when not being used for the Preakness Stakes® or other racing meets. The Stronach Group has agreed to contribute the entire Pimlico site to the City or an entity established by the City to allow for community development in and around the racetrack and the Sinai Hospital area. The plan envisions the multi-purpose and community uses for the clubhouse, racing facilities and infield, including for athletic and recreational purposes.
The Laurel Park plan also includes a new state-of-the-art clubhouse and world-class racing and training facilities, including the addition for racing and training of a new state-of-the-art, all-weather Tapeta™ track and new stables and training facilities in a horsemen’s village setting designed in consultation with the State’s racing industry.
“This is an historic moment,” said Mayor Jack Young. “The Preakness Stakes® is an important part of the City’s legacy and future. Today we submitted a Ietter on behalf of the City, The Stronach Group, the Maryland horsemen and County Executives Pittman and Olszewski to our leaders in Annapolis, which we hope they will find to be as thoughtful, significant and important as do we. By these recommendations, if approved, we can preserve the Preakness Stakes® at Pimlico for generations to come and move forward with our redevelopment plans for the Park Heights community, Sinai Hospital and the Northern Parkway corridor. I could not be any more pleased, excited or proud. And, I want to thank Ms. Belinda Stronach for her vision and unwavering commitment to the City, the State and the racing industry.”
“These are transformative plans for the racing industry in Maryland and will benefit all of the stakeholders in the industry and the communities that surround the facilities. I want to thank the Mayor and the Maryland horse industry, along with County Executives Pittman and Olszewski, for this important and cooperative effort. I look forward to working with them and State leaders as they review these historic plans,” said Belinda Stronach, Chairman and President of The Stronach Group.
“I am delighted by what I have seen in these plans. They are not only thoughtful, but visionary. If these plans are approved, I am confident that Laurel Park will become the model for racing and training facilities in the country,” said Anne Arundel County Executive Steuart Pittman, Jr.
“The horse racing and breeding industries are an important part of Baltimore County’s economy and history. I am very pleased by this historic agreement and these forward-thinking plans. I look forward to working with our leaders in Annapolis to further Baltimore County’s interests in these discussions,” said Baltimore County Executive John Olszewski, Jr.
“I’m honored to have been involved in this project, and I thank the Mayor and Belinda for their vision and commitment to Maryland racing. If approved, and I hope it will be, this plan will establish Maryland as the epicenter of thoroughbred racing in the United States and enhance Maryland’s growing breeding industry,” said Alan M. Foreman, representative for the Maryland thoroughbred industry.
“This is a first step, but an important one. We believe we have presented for consideration a truly transformative plan for racing and the many stakeholders and communities of interest who are connected to racing and these facilities, and we’ve done so within existing sources of funds already available to the industry and the City,” said Alan M. Rifkin, Esq., counsel for the Maryland Jockey Club and Preakness Stakes®.
“The Plan we present today is not just about racing, it’s also about communities and the trajectory of our City. The Pimlico plans will accelerate the revitalization of Park Heights by at least a decade,” said William H. Cole, representative for the City.
01 Letter to Gov and Presiding Officers.pdf
https://bit.ly/35aYZMv - Pimlico Concept Development Plan
https://bit.ly/2Vev6Gg - Laurel Concept Plan
04 Racing Fact Sheet.pdf
05 Representative Capital Plans.pdf