Maryland leaders are set to announce plans for the final Preakness Stakes before a major construction project at Pimlico Stadium. The Maryland Stadium Authority will finance a $400 million rebuild, adding a new clubhouse, stables, event space, and a hotel. The project aims to revitalize the area with workforce housing and structured parking. A separate training facility will host 650 horses, maintaining the current stabling capacity. Officials expect significant economic benefits for Baltimore and the community hosting the training center, with 140 to 160 racing days annually. The Preakness will relocate to Laurel Park in 2026 for the new facility’s construction. Christian Olaniran, a digital producer for CBS Baltimore, will cover the announcement and provide updates on this important development for the city. Stay tuned for more details on this exciting revitalization project for the historic Pimlico Stadium.
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