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Spending plan for fiscal year at Pimlico to be revealed

Posted at 6:06 AM, Jan 07, 2019
and last updated 2019-01-07 08:25:55-05

BALTIMORE — Pimlico Race Course is set to announce their spending plan for the upcoming fiscal year.

Mayor Catherine Pugh and the Pimlico Community Development Authority will unveil the plan at the race course in Northwest Baltimore at 6:30 p.m. Monday night.

This comes after the Maryland Stadium Authority released a study that recommended demolishing the race course and rebuilding it for about $424 million. The slick new vision includes re-positioning the track, a modern grandstand and a mixed use year-round facility.

"This is decades overdue in my opinion and it is exciting for all the surrounding communities to actually now have some raw numbers," said Baltimore City Councilman Isaac “Yitzy” Schleifer.

Schleifer says it is worth the money and that this project is a lynch pin for a transformation of Park Heights, likening it to what the Inner Harbor did for downtown.

It is unclear how it would get funded, but he says finally having a blueprint allows track ownership, city, and state to move forward.

The new proposed track will actually be slightly shorter, but it is clear it will take every fraction of a tenth of a mile to get the project across the finish line. To learn more, click here.