![\"People](\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/05\/Natera_GoldenGateFields-Workers_03_04.jpg\")
The 161-acre Golden Gate Fields property straddles the Berkeley-Albany border. Credit: Ximena Natera, Berkeleyside\/Catchlight<\/p>\nThe 161-acre Golden Gate Fields property straddles the Berkeley-Albany border. Credit: Ximena Natera, Berkeleyside\/Catchlight<\/p>\n
The plan to turn Golden Gate Fields into a new waterfront park<\/a> could get a big boost from Sacramento.<\/p>\n The revised budget proposal Gov. Gavin Newsom rolled out Thursday<\/a> calls for giving the effort $125 million in funding raised by Proposition 4, a parks and climate resilience bond<\/a> voters approved two years ago.\u00a0<\/p>\n That would cover most of the $175 million purchase price that the Stronach Group, the track\u2019s Canadian owner, agreed to in a deal announced earlier this year with the nonprofit Trust for Public Land, which plans to buy the site and transfer it to the East Bay Regional Park District. The district has committed another $20 million toward the purchase, while the trust said it also plans to raise money for it through private philanthropy.\u00a0<\/p>\n \u201cThis significant investment demonstrates California\u2019s commitment to expanding public access to the San Francisco Bay, advancing climate resilience, and ensuring future generations can connect with the outdoors along one of the region\u2019s most important shorelines,\u201d said Guillermo Rodriguez, the trust\u2019s California state director, in a statement Thursday.<\/p>\n