Plans to redevelop Thoroughbred Park precinct

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A redevelopment of Canberra Racing’s Thoroughbred Park precinct could deliver a one billion dollar boost to the ACT.

Plans obtained by the Canberra Times show up to 3,200 dwellings could be built on the site.

The proposal includes a mixture of residential and commercial zones, along with plans for a hotel and aged-care facilities.

The redevelopment is designed to take advantage of the light rail route through Mitchell and could provide more than 2000 jobs.