Funds secured to turn Golden Gate Fields property into a waterfront park
UPDATE: Governor signs off UPDATE: A Sept. 1 message from Arreguin’s office says the state Legislature has approved the funds [press release, revised slightly to reflect that this has not yet been voted on by the legislature, but Stefan Elgstrand, State Senator Jesse Arreguin’s press secretary, called that “a formality.”] Sacramento – Aug. 29 a budget trailer bill was unveiled proposing the allocation of $125 million through the Prop 4 climate bond to support the acquisition of the former Golden Gate Fields property in Albany and Berkeley. The property would be purchased by the Trust for Public Land and transferred to the East Bay Regional Park District. “This is a once-in-a-generation opportunity to reclaim 161 acres of East Bay waterfront for the public, and we are seizing it,” said State Senator Jesse Arreguin (D-Oakland). “With this $125 million investment, Golden Gate Fields can go from a shuttered racetrack to one of the great waterfront parks in California. For...