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About / News / Hazel Park

Mixed-use development, $3.2 million streetscape planned for Hazel Park

As Hazel Park plots to build a downtown, a proposed mixed-use development and $3.2 million streetscape plan could help move the vision forward. A mixed-use apartment building with 33 units and 14,000 square feet of retail is planned for the site of a long vacant CVS store on John R. Road — the city’s main […]

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Hazel Park Raceway redevelopment gets $21.44 million in brownfield financing

The $85 million redevelopment of the Hazel Park Raceway has received state approval for $21.44 million in brownfield financing. The Michigan Strategic Fund board approved the measure for New York City-based Ashley Capital’s redevelopment Tuesday. The second phase of the Tri-County Commerce Center project is slated to bring a pair of new manufacturing, distribution or […]

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Ashley Capital buys closed Hazel Park Raceway for redevelopment

The Hazel Park Raceway has a new owner that plans a large-scale development on the shuttered horse racing track’s remaining 95 acres. New York City-based industrial/warehouse developer Ashley Capital, which has its local office in Canton Township, completed the purchase Friday, said Susan Harvey, senior vice president of the office. The plan is to develop […]

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Hazel Park Raceway closes after nearly 70 years of horse racing

An era of thoroughbred horse racing is over in Michigan. Hazel Park Raceway has announced it is closing, effective Thursday, after nearly 70 years of horse racing. The track, located at 10 Mile and Dequindre, announced in a news release that it has entered into an agreement to sell its assets. The deal is expected […]

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