Irwindale city council last night approved plans to demolish Irwindale Speedway & replace it with a 700,000-sq ft outlet mall.
The speedway operator’s lease, however, can continue until the developers have 70% of its planned shops pre-leased to tenants.
Ground-breaking for “Phase I” is scheduled to begin in 2016. So it’s possible the speedway could survive into 2016. (Phase II mall construction is slated to begin in 2018.
The racing facility, which features a half-mile oval and one-eighth mile dragstrip, was built in the late 1990s at a cost of about $20 million.
March 29, 2015