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Palm Meadows Thoroughbred Training Center is an American stable and training facility for Thoroughbred racehorses located near Boynton Beach, Florida, just north of the Gulfstream Park racetrack. [1] It is owned by Stronach Group. It was built by MI Developments (MID) at a cost of $90 million. The 304-acre (1.23 km2) center opened in November 2002 and is regarded as one of horse racing's largest and most modern training centers in the United States.