The 245 acres would include Palm Meadows acreage. Gulfstream sits on 90 acres.

There isn't one single Developer who would come in and take the whole 90 acres for $1.5B. The Construction Loans would be at least $3.0B. Probably far more!! No Lender would take on that Risk. Now if it was sold off 4 ot 5 acres at a time. Totally different. As long you can get the Building Permits they would be flocking to that location.

The State would need to step in. Not with money, because they never will, but arm twisting or even legislation for the Gambling Licenses and the other Permits. To help support a very large Breeding and Horse industry that is important to the State. The Hard Rock in Hollywood Fla was acquired by Seminole Indian for $1.1B from MGM in 2007....and since then they have pumped another $1.5B into it in expansion and Capital Improvements. Whats the Draw? Gambling and Entertainment. Stronach had the right idea...he just didn't have the Capital and he was 20 years early. Just like Edison so JP Morgan took him out.

A standalone development for horse racing in Delray will not cut it. A complete complex like Billionaire Joe Lewis did in Lake Nona near Orlando can happen. Anybody talking about ramping up Hialeah again has NO FRICKING CLUE and land plays or real estate. The 3 year decoupling was you got 3 years to figure it out. And that's about how long it take

I will be there this Saturday and Holy Bull Day. And FOY Day. Hit me up