What's Coming to the Old Saugus Speedway Site | Dubner
Published by Michelle & Jon Dubner | Dubner Real Estate Group | Equity Union
Last updated: July 15, 2026
If you have driven past the old Saugus Speedway lately, you have probably noticed it is gone. After decades of stock car racing and the long-running Saugus Swap Meet, the track closed for good in October 2024 and was fully demolished by the fall of 2025. Michelle and Jon Dubner get asked about it constantly, so here is what is actually approved for the site in Saugus, California, and what it could mean for the neighborhood.
Key Takeaways
- The Saugus Speedway closed for good in October 2024 and was fully demolished by September 2025.
- The approved Riverview project puts 318 homes on the site: 122 detached condos and 196 townhomes, 22 designated affordable.
- A pending April 2026 amendment would drop the planned commercial building for 105 more housing units instead.
- No construction start date has been announced yet.
What Happened to the Saugus Speedway?
The Saugus Speedway hosted stock car racing starting in 1939 and the Saugus Swap Meet since 1963. The track closed permanently on October 27, 2024, and by September 2025 it had been razed entirely. It is a genuine end of an era for longtime Saugus residents, and it also freed up roughly 35 acres of land close to Central Park for something new.
What Is Approved for the Site Now?
The Santa Clarita City Council unanimously approved a project called Riverview on the site in November 2024, developed by Integral Communities. As approved, it calls for 318 residential units on about 35.2 acres: 122 detached single-family condos and 196 attached townhomes, with 22 units designated affordable. The original plan also included a light-manufacturing industrial building sized around 122,000 to 127,000 square feet, intended to bring roughly 100 jobs to the area.
What Changed in 2026?
As of April 2026, the developer is seeking to amend that plan. The proposal on the table would drop the commercial and light-manufacturing component entirely in favor of 105 additional housing units, described as 98 duplexes and 7 single detached condos, ranging from about 1,703 to 1,988 square feet with three bedrooms. No public council hearing date has been announced yet for this amendment, so this is still moving, not finished. We will keep watching it and update this post as it develops.
What Does This Mean for Saugus Buyers and Neighbors?
A project this size, this close to Central Park and existing Saugus neighborhoods, is worth paying attention to whether you are buying nearby, already own in the area, or are simply curious what is replacing a landmark you grew up with. New housing supply in Saugus can affect everything from school enrollment to traffic patterns on nearby streets over the next several years. No construction start date has been announced, so we are not going to guess one. What we can tell you is what has actually been approved and what is currently being proposed, and we will keep this updated as the city council takes further action.
How Should Current Saugus Homeowners Think About This?
If you already own near the old Speedway site, a project like Riverview is generally a positive long-term signal rather than something to worry about. New, well-planned housing tends to support neighborhood values over time, especially when it replaces an aging, closed commercial use with a mix of for-sale homes. The bigger practical questions are usually about construction traffic once building actually starts, and about how 318 new households will affect demand at nearby schools and along streets that feed into Bouquet Canyon Road and Soledad Canyon Road. Those are reasonable things to ask the city about as the project timeline firms up.
If you are house hunting in Saugus right now, this is also a good reminder to look past the current for-sale inventory and ask your agent what else is in the pipeline nearby. A 35-acre project two turns from a home you are considering is exactly the kind of thing that shows up in a listing sheet as "close to Central Park" without anyone mentioning what is about to be built next to it. Jon and I make a point of flagging pipeline projects like this to every buyer we work with in the area, not just the homes currently on the market.
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Michelle & Jon Dubner · Dubner Real Estate Group · Equity Union
Frequently Asked Questions
Is the Saugus Speedway still open?
No. The Saugus Speedway closed permanently on October 27, 2024, after decades of stock car racing and the long-running Saugus Swap Meet. The track was fully demolished by September 2025.
What is being built on the old Saugus Speedway site?
The Santa Clarita City Council approved a project called Riverview in November 2024, developed by Integral Communities. As approved it includes 318 residential units, 122 detached single-family condos and 196 attached townhomes, with 22 designated affordable, on about 35.2 acres.
Is a commercial building still planned for the site?
The original approval included a light-manufacturing building of roughly 122,000 to 127,000 square feet. As of April 2026, the developer has proposed dropping that commercial component in favor of 105 additional housing units instead. This amendment has not yet gone to a public council hearing.
When will construction start on the Riverview project?
No construction start date has been publicly announced as of this writing. Jon and I will update this post as the city council takes further action on the pending amendment.
How close is the old Speedway site to Central Park in Saugus?
The site sits in the same general area as Central Park, one of the most established gathering spots in Saugus. That proximity is part of why this project matters to so many current Saugus residents, not just future buyers.
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Written by Michelle & Jon Dubner
20 years serving Santa Clarita and Greater LA County. Certified Listing Specialist, top 1.5% of agents nationwide. Dubner Real Estate Group, Equity Union.
