Palm Meadows Thoroughbred Training Center is an American stable

Stable

A stable is a building in which livestock, especially horses, are kept. It most commonly means a building that is divided into separate stalls for individual animals...

 and training

Horse trainer

In horse racing, a trainer prepares a horse for races, with responsibility for exercising it, getting it race-ready and determining which races it should enter...

 facility for Thoroughbred

Thoroughbred

The Thoroughbred is a horse breed best known for its use in horse racing. Although the word thoroughbred is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed...

 racehorses

Horse racing

Horse racing is an equestrian sport that has a long history. Archaeological records indicate that horse racing occurred in ancient Babylon, Syria, and Egypt. Both chariot and mounted horse racing were events in the ancient Greek Olympics by 648 BC...

 located near Boynton Beach, Florida

Boynton Beach, Florida

Boynton Beach is a city in Palm Beach County, Florida, United States. The population was 60,389 at the 2000 census. As of 2006, the city had a population of 66,714 according to the University of Florida, Bureau of Economic and Business Research...

, just north of the Gulfstream Park

Gulfstream Park

Gulfstream Park Racing & Casino is a racetrack and county-approved racino in Hallandale Beach, Florida, in the United States. During its annual meet, which spans December through April, it is one of the most important venues for horse racing in America....

 racetrack. It is owned by MI Developments Inc. (MID) who built it at a cost of $90 million. The 304 acres (1.2 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.