California lawmakers are moving $125 million toward buying a 162-acre former Bay Area racetrack; the $175 million deal would turn it into a major public waterfront park

California lawmakers are advancing $125 million for a former racetrack purchase. This funding aims to transform the 162-acre property into a public waterfront park. The East Bay Regional Park District would manage the site after its acquisition. Remaining funds are being sought from public and philanthropic sources. Public planning and phased construction will occur after the land purchase.
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