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Greyhound Park property sold

The South Tucson property went with a $9,050,000 price tag
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TUCSON, Ariz. (KGUN) — The property that formerly housed Tucson's Greyhound Park has a new owner.

Records from the Pima County Recorder confirm the large plot of land near I-10 and South 4th Avenue has been sold to Equilibrium Cordova Village LLC for $9,050,000.

The track stopped hosting races several years ago, but continued into this year as a home for off-track betting.

It closed permanently in June.

In an interview last month after the closure was announced, South Tucson Mayor Bob Teso said a commercial development at the property could benefit the city.

“We're just hoping to have some type of you know, like, like heavy foot traffic come in businesses, something that's going to draw a lot of attention to South Tucson," said Teso. "That’s what we want.”

There are apartments in Tucson doing business as Equilibrium Cordova near Golf Links Road and Alvernon Way. KGUN 9 does not yet know if apartments are planned for the Greyhound track property.

RELATED: Closure of South Tucson dog track could fetch new business

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Craig Smith is a reporter for KGUN 9. With more than 40 years of reporting in cities like Tampa, Houston and Austin, Craig has covered more than 40 Space Shuttle launches and covered historic hurricanes like Katrina, Ivan, Andrew and Hugo. Share your story ideas and important issues with Craig by emailing craig.smith@kgun9.com or by connecting on Facebook and Twitter.