The last horse-racking track in Michigan will soon become a mixed-use development featuring luxury homes and apartments.
Hunter Pasteur Homes, a developer and luxury home builder, is under contract to purchase the Northville Downs harness racing track and adjacent parcels in Northville, Michigan, with plans to create a mixed-use development on the site.
Hunter Pasteur Homes is purchasing the Northville Downs site from the Northville Driving Club and the Carlo family partnership. Between the race track and the adjacent parcels, Hunter Pasteur Homes will assume ownership of about 48 acres of land in downtown Northville in the Detroit market.
While future plans for the mixed-use development are currently in the approval stages, it will include commercial use in addition to 500 to 600 units of high-end rental apartments, for-sale townhomes and single-family homes.
Operations at Northville Downs will continue as usual until site development begins. Financial details of the transaction will not be disclosed. Northville Downs is actively pursuing the continuation of its horse racing and wagering operations at an area in close proximity to its current location.
The purchase of the properties was originated by Tim O’Brien and Randy Doran, and they will remain partners in the deal.
