California allocates $125M to convert former racetrack into public waterfront park

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California lawmakers have approved $125 million in funding to acquire a 162-acre former racetrack site. The goal is to transform the property into a publicly accessible waterfront park. The East Bay Regional Park District is set to manage the site following its purchase. Additional funding is being pursued from both public and philanthropic sources to cover remaining costs. Public planning and phased construction are expected to begin after the land acquisition is complete.

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