NORTHVILLE, Mich. (WJBK) - Northville Downs, Michigan's last horse-racing track, will be sold and turned into 'luxury homes but the racing could still continue.
Developer and luxury home builder Hunter Pasteur Homes says it is under contract to purchase the Northville Downs harness racing track, along with adjacent parcels of land. The property group will assume ownership of about 48 acres of land in downtown Northville.
The plan for the property to is create mixed-use development, which includes between 500 and 600 units of high-end rental apartments, for-sale townhomes and single-family homes.
President and CEO of Hunter Pasteur Homes homes the plan for the project has only just started.
"This project is in the preliminary stages, and we're eager to continue working with the City of Northville and our partners to iron out the numerous details that come with a project of this scale," Wertheimer said. "We expect to have all entitlements in place in 2019. As more details become available, we will share them with the community."
Operations at the horseracing track will continue until development begins and the race track says it is searching for a new location nearby. Financial details of the transaction will not be disclosed.