What’s funny is I heard a rumor last Saturday while I was at Irwindale, that core samples have been taken and the land is not usable for residential or commercial growth. Could just be a rumor but it made me question all the reasons I thought the track was going away.
Irwindale is 99% industrial! The 500 people living there are grandfathered in, and city ordinance prohibits home building. (Former Irwindale chief of police is a buddy ).
I have no idea what the land owner is planning.... but it ain't homes!
I STILL believe the roundy has HUGE rent, and the leasors are losing money daily.