On the heels of the announcement of the closing Hazel Park Raceway it has been announced that Northville Downs has been sold to a developer.

The track will remain open and Northville Downs is even making an investment to pick up Hazel Park customers while it ponders its possible future elsewhere. It is the last horse racing venue in Michigan.

With the nearby super-affluent nearby Northville village center a short walk away, the land is highly valued.

From Crains:

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.
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