The future of New Norfolk’s Kensington Park racetrack becomes clearer this week, as the Derwent Valley Council considers two multi-million-dollar offers for the property. Both offers, one private and one from the State Government, envisage a significant housing subdivision on the 8.4ha council-owned site. Further, Kensington Park may be just the first part of a larger housing development in the area, one that also incorporates land both to its east, and to its south.