Neighborhood News
Saugus Speedway's Next Chapter: More Homes, Fewer Warehouses
The site of the legendary Saugus Speedway on Soledad Canyon Road is changing direction again. Developer Integral Communities has submitted a revised Riverview plan that replaces the approved warehouse space with additional housing, sending the project back through City Hall review. Here is what we know and what it means for Saugus, from your neighborhood insider, Sam Silver.
October 16, 2026 Sam Silver 5 min read
What Changed in the Plan
In April 2026, The Signal reported that Integral Communities submitted a revised plan for the former speedway and swap meet property that swaps the previously approved warehouse and light-industrial portion for more residential development. The change sends the project back through the city's discretionary review, which means a new round of hearings before anything is built, and no timeline has been announced yet.
For context, the plan the City Council approved in November 2024 called for 318 homes on 35.2 acres split across five parcels, with 22 low-income units and about 127,000 square feet of warehouse space. The swap meet closed in 2024, demolition got underway in summer 2025, and the environmental review (a Mitigated Negative Declaration) was completed in June 2024. The revised 2026 blueprint keeps the housing, grows it, and drops much of the commercial.
From Racing Oval to Residential
1995
The Saugus Speedway holds its last race, ending a chapter dating back to the 1930s dirt-track days when the valley's weekend soundtrack was stock cars whining around the oval.
2024
The swap meet closes and the City Council approves the original Riverview plan, 318 homes and a warehouse parcel, after overruling a Planning Commission denial.
Summer 2025
Demolition begins on the aging structures, leaving the site cleared while the speedway sign keeps watch over the Soledad Canyon Road fence line.
April 2026
The revised plan lands: more housing, less warehouse. The project heads back into city review, per a Public Records Act request confirmed by the Planning Division and reported by The Signal.
May 2026
Sections of the original tarmac are relocated to William S. Hart Park as a heritage display, keeping a piece of the speedway publicly visible for the fans who grew up there.
Next
City hearings on the revised housing plan, then construction. Watch the city calendar and the development news page for hearing dates.
What This Means for Saugus Residents
More homes on the old speedway site means more neighbors, more school demand in the William S. Hart district, and more foot traffic through the shops along Soledad Canyon Road. The trade-off is fewer delivery trucks and less industrial traffic, which most existing homeowners near the site will read as a win. Either way, this is the most significant change to the Saugus corridor in decades, and it is worth following as the revised plan moves through hearings.
For buyers, the shift reinforces what Sam has said for years about Saugus: it is the classic SCV choice, established neighborhoods, room for families, and a downtown corridor that is only going to change shape over the next five years.
Sam's take: I grew up with the Speedway as the landmark everyone navigated by, and I remember the swap meet on a Saturday morning like it was last week. Seeing the heritage tarmac land at Hart Park meant a lot to people who raced there or just watched from the infield. Progress means the site becomes homes, but the memory gets a permanent home too. That is the kind of balance I love about this valley.
Follow the bigger picture with the future development overview, the Princessa Crossroads briefing, and the State of the City recap for what is on the horizon across the SCV.
Thinking About a Move to Saugus?
Whether you want to watch the Riverview project from a front porch or buy before the neighborhood changes, Sam Silver can help you find the right Saugus address. 22 years of local experience, zero pushy sales.