The Stronach Group announced Wednesday it has purchased Forest City
Enterprise Inc.’s interest in the Village at Gulfstream Park – an
outdoor mall that adjoins the racetrack – perhaps a precursor of an
expanded racing schedule or even year-round racing at Gulfstream Park.
Track officials are calling the purchase part of a strategic
initiative by the Stronach Group to fully incorporate the Village and
Gulfstream Park and its slots casino into a year-round, 24-hour dining,
shopping, gaming, and entertainment destination.
When asked about the possibility of seeing an expanded racing
schedule at Gulfstream, perhaps as early as next year, track President
Tim Ritvo said, “Our Chairman, Frank Stronach, has always thought about
racing year-round and by purchasing the Village it only makes more sense
to explore that option.