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Canterbury Park, Greystone Construction Partner To Develop 13 Acres Of Canterbury Commons

Canterbury Park Holding Corporation (NASDAQ: CPHC) (the “Company”) and Greystone Construction (“Greystone”) announced Monday that the two longstanding Shakopee, Minn. companies have formed a joint venture to develop a 13-acre land parcel located on the southwest portion of the 140-acre Canterbury Commons. Canterbury Park, who is contributing 13 acres of land to the joint venture valued at approximately $261,000 per acre, will hold a roughly 62% interest in the venture. Greystone will provide development, management and construction services for the project and will hold a roughly 38% interest in the joint venture.

Canterbury Park and Greystone envision a multi-use development that will feature up to six pad-ready sites and two internal roads. Potential uses within the new 13-acre development are expected to include hospitality, dining, residential, commercial offices and service-oriented retail. In addition, Greystone, a general contractor with projects in more than 27 states, will relocate its corporate headquarters to a newly constructed 26,000 square foot office at the site. The joint venture has commenced initial site work, and Greystone intends to break ground on its new headquarters in the fall of 2020 with occupancy expected in 2021.

“From the very beginning, our vision for Canterbury Commons has been to attract residential, hospitality, commercial, entertainment and retail elements that enhance and strengthen the economy and social experiences in Shakopee and beyond,” said Randy Sampson, Canterbury Park President and CEO. “This new joint venture with Greystone represents a critical and positive step toward expanding the programming of the Canterbury Commons development beyond residential and into potential commercial, retail and dining offerings which will drive visitation to Shakopee and expand the city's tax base. We're delighted to partner with a leading Shakopee company and excited to become their neighbor as they bring their employees to Canterbury Commons in a few years.

“This is an exciting time for Canterbury and Greystone as well as the future of Shakopee, and this new joint venture represents further progress in the ongoing transformation of our excess land into a vibrant new community. This new partnership, combined with the development of the Triple Crown Residences and our two recently announced land sale agreements, is unlocking new value for the Company's stakeholders as we continue to monetize the excess real estate that surrounds the Racetrack and Card Casino at Canterbury Park.”

“Shakopee has been home to Greystone Construction since its inception in 1987. We have experienced steady growth since our modest beginning and we have designed and built projects throughout the United States,” said Kevin O'Brien, President and CEO of Greystone Construction. “That being said, it is always special to complete projects in our home town. Greystone has made its mark in Shakopee partnering with many of the great businesses located here to build facilities that provide for growth in production, services and employment. We are very excited to partner with another great Shakopee business and corporate citizen in Canterbury Park. In addition to working with Canterbury Park to develop these 13 acres, this provides us with the opportunity to build a new corporate headquarters. Growth has dictated the need for this space. However, the decision to stay here in Shakopee was based on the amenities the Canterbury Commons development plans provide. Our goal is to build a first-class corporate headquarters, which will help us attract and retain the top talent in our industry. The amenities being built in the Canterbury Commons development will help in providing the atmosphere we want to create for the Greystone Team.”

Canterbury Park and its development partners are currently transforming 140 acres of underutilized land into Canterbury Commons. Development began with the 2018 joint venture agreement between Canterbury and Doran Companies with the two-phase Triple Crown Residences of over 600 units at completion. In April 2020, the Company announced two real estate sales agreements for an aggregate 14 acres of land that will add 160 more residential units to the site. Increased access to the development site at Canterbury Commons was made possible by the completion of city streets in 2019 and the upcoming completion of Unbridled Avenue on the northern border of the property in fall 2020.

The post Canterbury Park, Greystone Construction Partner To Develop 13 Acres Of Canterbury Commons appeared first on Horse Racing News | Paulick Report.

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Belmont Prop Contest: $1,000 Donated To BCCA In Name Of Winner Len Dodson

Len Dodson of California and Kenneth Badaway of Ohio each correctly selected 15 of 18 props in the Thoroughbred Idea Foundation Belmont Day Prop Contest, the best of 128 participants. Dodson's tiebreaker was closer to the actual total of the combined win, place and show pool, earning the win. A $1,000 contribution to the Belmont Child Care Association will be made in Dodson's name.

Dodson was a regular player in the 2019 TIF Summer Prop Contest, finishing in a 12th place tie in the overall standings. Rick Hammerle was the overall winner of that contest. The TIF Summer Prop Contest will return in 2020 with another big sum on the line for racing charities. More information will be shared with former players and those interested in joining in the coming weeks.

Anthony Stabile, of the Horse Racing Radio Network and part of the NYRA broadcast team, finished in a six-way tie for third in this weekend's contest, all players with 13 correct props. Another eight players recorded 12 correct props.

Below are the results of the props and the degree of support each selection received by the participants. Numbers can vary in case a prop was skipped by a participant. (Correct answer in BOLD)

1. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#3 MAX PLAYER (Actual – 3rd) (46.4%)
#4 MODERNIST (Actual – 7th) (53.6%)

2. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#1 TAP IT TO WIN (Actual – 5th) (62.1%)
#9 DR POST (Actual – 2nd) (37.9%)

3. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#2 SOLE VOLANTE (Actual – 6th) (66.4%)
#10 PNEUMATIC (Actual – 4th) (33.6%)

4. According to the published Equibase chart of the race, what horse will be last after the first half-mile of the Belmont Stakes?

#2 SOLE VOLANTE (17.6%)
#5 FARMINGTON ROAD (40.0%)
#7 JUNGLE RUNNER (27.2%)
Any other horse (15.2%)

5. According to the published Equibase chart of the race, the time for the first half-mile of the Belmont Stakes will be…

A – 46.40 seconds or faster (Actual – 46.16 seconds) (49.6%)
B – 46.41 seconds or slower – (50.4%)

6. The winner of the Belmont Stakes will be…

A – #8 TIZ THE LAW (69.6%)
B – Either #1 TAP IT TO WIN, #2 SOLE VOLANTE, or #9 DR POST (21.6%)
C – Any other horse (8.8%)

7. According to the published Equibase chart of the race, the winning margin of victory for the Belmont Stakes will be…

A – 1 ½ lengths or shorter (23.2%)
B – Between 1 3/4 lengths and 3 ¼ lengths (57.6%)
C – 3 1/2 lengths or longer (Actual – 3 ¾ lengths) (19.2%)

8. The final win odds of #8 TIZ THE LAW will be…

A – At his morning line price of 6-5 or higher (11.3%)
B – Lower than his morning line price (Actual 4-5) (88.7%)

9. Which horse will the second choice in the Belmont Stakes, according to the final chart published by Equibase?

#1 TAP IT TO WIN (5.2-1) (40.0%)
#2 SOLE VOLANTE (11.2) (37.6%)
#9 DR POST (7.9-1) (19.2%)
#10 PNEUMATIC (17.8-1) (3.2%)

10. Which number will be greater?

A – Jungle Runner's final win odds in the Belmont Stakes (29.5-1) (65.6%)

B – The total of all runs scored in the Korean Baseball Organization (KBO) games played on Sunday, June 21 (51 runs scored) (34.4%)

11. Which will be larger?

A – The sum of the finishing positions of Belmont Stakes horses ridden by jockeys having their first ride in the race PLUS 8.5 (#2 SOLE VOLANTE – Luca Panici, #7 JUNGLE RUNNER – Reylu Gutierrez, #8 TIZ THE LAW – Manuel Franco) TOTAL 25.5 (41.6%)

B – The sum of the finishing positions of Belmont Stakes horses ridden by jockeys to have won a Belmont Stakes previously (#1 TAP IT TO WIN – John Velazquez, #3 MAX PLAYER – Joel Rosario, #6 FORE LEFT – Jose Ortiz, #9 DR POST – Irad Ortiz) TOTAL 20 (58.4%)

12. Which one-mile graded stakes race on the turf at Belmont will have the faster final time, according to the Equibase chart of the race?

A – Race 4 – The Pennine Ridge (1:33.66) (71.2%)
B – Race 6 – The Wonder Again (1:34.23) (28.8%)

13. Which race will have the shorter winning margin, according to the post-race Equibase charts?

A – The Woody Stephens (3 ¾ Lengths) TIE (80.0%)
B – The Belmont Stakes (3 ¾ lengths) TIE (20.0%)

14. Which of the following results will occur in the Woody Stephens and Acorn?

A – Progeny of Into Mischief will win both the Woody Stephens (MISCHIEVOUS ALEX or SHOPLIFTED) AND the Acorn (GAMINE or LUCREZIA)? (22.6%)

B – Progeny of Into Mischief will win either the Woody Stephens or Acorn, but not both (58.4%)

C – Progeny of Into Mischief will not win the Woody Stephens and Acorn (15.2%)

15. The winner of the Jaipur will come from a trainer with a stable in…

A – New York (#4 PURE SENSATION, #6 HIDDEN SCROLL, #7 WHITE FLAG, #8 LONHTWIST) (38.4%)

B – Any other state (#1 KANTHAKA, #2 OLEKSANDRA, #3 TEXAS WEDGE, #5 STUBBINS) (61.6%)

16. How many favorites (according to the final Equibase charts) will win over the 12 races at Belmont Park?

A – Over 5.5 (TOTAL 7 Favorites) (44.8%)
B – Under 5.5 (55.2%)

17. What combination of jockeys will have the most wins on Saturday at Belmont Park?

A – Irad Ortiz Jr. and Jose Ortiz (4 wins) (43.2%)
B – Manuel Franco, Joel Rosario, John Velazquez (5 wins) (56.8%)

18. Which will occur over the course of the race day at Belmont Park?

A – No demotions by the stewards (72.0%)
B – At least one demotion as a result of a stewards' inquiry or objection (28.0%)

TIEBREAKER: What will be the total of the combined win, place and show pools of the 2020 Belmont Stakes? Total was $12,033,521

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Gerald Bennett Wraps Up Both Trainer, Owner Titles At Tampa Bay Downs

If it's June, Gerald Bennett must be at the Ocala Breeders' Sales Spring 2-Year-Olds in Training Sale (moved from April this year due to COVID-19), looking to strengthen his Winning Stables, Inc., roster with future Thoroughbred standouts.

Or he could be driving back from Delaware Park with wife Mary after delivering a shipment of 13 runners from Tampa Bay Downs for the Wilmington, Del., meeting that began Wednesday.

With a few days remaining in the Oldsmar oval's 2019-2020 season, Bennett still can be found at his barn overseeing a few dozen horses, many of which have helped him capture a fifth consecutive Tampa Bay Downs training championship with 60 victories (the current season concludes with racing Wednesday and June 30, with the 2020-2021 meeting beginning July 1).

The 76-year-old conditioner shared his first Oldsmar training title in 2010-2011 with Jamie Ness, the track's all-time record-holder with nine titles, won consecutively from 2006-2015.

What's different this season: Bennett has also wrapped up his first Tampa Bay Downs owners title with 23 victories. Bennett, who sent out 15 winners under his Winning Stables, Inc., banner and eight in various partnerships, is four ahead of both Godolphin, LLC (19 victories) and owner-trainer Juan Arriagada, who won 11 races individually and eight in various partnerships.

“It's great to be able to keep going strong year after year,” said the Springhill, Nova Scotia native, who ranks 14th all-time in North America with 3,903 victories. “You need that fire and desire to do it right because it's a lot of work to stay successful, and right now I still have it.”

Bennett, the father of trainer Dale Bennett, has recruited new owners to the sport virtually from the start of his career, when he competed in Canada. “It's important for the sport to bring in new owners,” he said. “You get those friendships established and win some races, and they bring more of their friends into it. I'm fortunate to have owners who like to run their horses where they can win, and hopefully you can buy more young stock that you can turn into stakes horses.”

Owners who partnered with Winning Stables on victories this season included James Georgeades and Ron Pugliese, Jr., of JPG2 and Mr. Pug, LLC; Harold L. Queen; Arnoriver Racing (Mike Arnone); Martin Goodell; and Mary Thomas and Michael Vitello.

While Bennett maintains an excellent rapport with his owners, it is in the barn area where he seems most at home. His reputation for turning claiming horses into allowance winners and allowance horses into stakes performers has been honed through years of study, dedication to his profession and subscribing to the belief that no detail is too small.

Among his best horses are millionaire Beau Genius, who won the Grade I Philip H. Iselin Handicap and the Grade II Michigan Mile and One-Eighth in 1990; Secret Romeo, a multiple-stakes winner who earned $865,790; Bucky's Prayer, a mare who won the 2007 Lightning City Stakes; Fast Flying Rumor, who set a Tampa Bay Downs Beyer Speed Figure record of 108 (since bettered) while winning the 2016 Turf Dash; and R Angel Katelyn, who won three stakes races during the 2016-2017 meeting.

Bennett's lone stakes victory this season came with 6-year-old Florida-bred mare Lady's Island, who won the Minaret Stakes for owners Matties Racing Stable and Averill Racing on Feb. 15.

Win or lose, Bennett is back at the barn by 5 a.m. the next day to oversee each horse's regimen. “I'll be walking in the shed row when a horse stops in front of me, and the hot walker is amazed because the horse knows me,” he said. “Mary says it's because I feed them peppermints, but they get to know your voice and have confidence in what you're doing.”

In that regard, Bennett's Thoroughbred athletes aren't much different than the owners he trains for and the bettors who support his horses.

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