Photo: Courtesy of Canterbury Park

The owner of Canterbury Park has announced two proposed developments which it says will “enhance the entertainment experience at the property and significantly strengthen the company’s horse racing operations”.

Canterbury Park Holding Corp. said in a press release that for one of the projects, the company had agreed to sell approximately 40 acres in the northeast corner of the property to Minneapolis-based Swervo Development Corp., which plans to build a state of – State-of-the-art 19,000 seat amphitheater as part of the Canterbury Commons development, subject to state and local regulatory approvals.

Pending approval for the amphitheater development, Canterbury is also planning a multi-million dollar redevelopment project for its stables area.

This project will include a renovation of the existing facilities, the addition of new barns, stables and sleeping quarters, and a reconfiguration of the training track. Canterbury intends to submit this redevelopment plan to the Minnesota Racing Commission for regulatory review in the second quarter of 2022. If approved, construction is expected to begin after the 2022 live racing season without interrupting the 2023 racing season .

“These proposed new developments are important steps in our long-term vision to continue to position Canterbury Park, Canterbury Commons and the town of Shakopee as a leading regional destination that offers a combination of residential, hotel, commercial , retail and entertainment and experiences,” Randy Sampson, Canterbury Park’s chairman and chief executive, said in the release. “The proposed amphitheater will be a centerpiece of our development of Canterbury Commons and reflects our strategic goal of working with accomplished partners to create the best living, working and playing amenities and customer experiences as we continue to grow our available land.”