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The ‘for sale' signs will be going up this week at Raceway
Park, where the final live races were held on Sunday.
General Manager Mark Loewe says the facility will still
be open six days a week until sometime next year for off-track betting.
"Simulcasting is a big part of our business; we're going
to continue doing that," he said. "We're going to continue to run a
The property is now being marketed nationally, with an asking
price of $3 million for the 97-acre site.
"Raceway is not what it once was in the heyday, although
it is sad to see it go. Remember, there are about 110 jobs there at that site,"
said Councilwoman Lindsay Webb.
Webb believes because there should be few environmental
hurdles to clear for redevelopment, there's potential for that land to be home
to a major new employer.
"Its proximity to the Jeep plant lends itself, in my
opinion, to use as an industrial, light-industrial facility," she said. "Ultimately,
the market will dictate that."
In the meantime, Penn National is promising Raceway Park
will not become an eyesore.
"We'd like to move the property, there's no question
about it. Until that time, we'll maintain it. We have assets to maintain. We're
not going to leave the property in disarray," said Loewe.
The company will need to keep about 30 employees on board
until the facility is closed. Penn National will shift harness racing
operations to a new track under construction in Dayton.
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