Arlington Racecourse Officially Up For Sale As ‘Redevelopment Opportunity’

On Tuesday, Churchill Downs declared it had formally begin the sale of Arlington International Racecourse.

Anyone who has followed Arlington headlines over the past few years won’t be surprised by this information, but it is still important. One of three horses lines in Illinois is Arlington.

Churchill Downs won’t anticipate a price before 2021, so it will keep holding horse races until then.

Churchill Downs CEO Bill Carstanjen said the following in a press release:

The ideal location in Chicago & rsquo, the northwest suburbs of Arlington, along with direct access to downtown Chicago via an on-site Metra rail station, presents a special opportunity for redevelopment. We anticipate a lot of attention in the site and are eager to work with potential customers and the Village of Arlington Heights to move this historic building into its second phase.

& ldquo, In the interim, we are adamant about moving Arlington & rsquo’s racing license to another Chicagoland community or another part of the state. We are looking into possible solutions with the condition, nearby communities, and the thousands of Illinoisans who either directly or indirectly rely on thoroughbred horse racing. We remain optimistic that we can come up with solutions that benefit all of these communities.

& ldquo, We are dedicated to the thoroughbred racing sector in Illinois and will look into all options to help it grow in the future. & rdquo,

The keyword there might be”& ldquo ,”” redevelopment ,” or” next ,” as it most certainly doesn’t sound like racing is in the track & rsquo’s future.

Churchill Downs in Waukegan, exactly?

Churchill Downs wants to move its passport to another location in Illinois, as Carstanjen stated in his speech.

It is currently an applicant for the Waukegan casino license, so that is the most likely destination.

Of course, there is no assurance that the Illinois Gaming Board ( IGB ) will select the Churchill bid, though they might have good reason to think otherwise. Full House Resorts and North Point Casino are the other two candidates for the Waukegan registration.

The city of Waukegan would also have to approve the & ldquo, racino‘s horse racing component if it were to be chosen. & rdquo,

In the thick of the Arlington sale rumors, Waukegan Mayor Sam Cunningham said:

In any financial situation, it would be foolish not to consider any developer’s request. A racino, though? Our best focus right now is getting our citizens through these difficult times so they can, hopefully, anticipate the opening of a new casino in the latter part of the following year. & rdquo,

We ought to be getting closer to a decision regarding the available game bids.

The IGB found Hard Rock Casino Rockford “preliminarily suitable” for a casino license earlier this month. That’s a crucial step in securing final approval.

Entrants from different areas, like Waukegan, are still in the dark about their future. By the end of April, however, more data ought to be available.

Regarding Arlington International

In 1927, Arlington International, which is made up of 326 acres of land in Arlington Heights, was established.

There are 12,000 club chairs and 35, 000 seats for the nbsp. The International Racing Festival is held there.

In 1981, Arlington also hosted the first thoroughbred race with a purse of$ 1 million.

The trail was bought by Churchill Downs in 2000, and it It appears that after about 21 years, its equity run does come to an end.