Gound breaking took place last Thursday, here's some info on Roadracing World:
http://roadracingworld.com/news/article/?article=25260
This was my first trip to Hastings, and I got to say I was impressed with the town. My preconception of Hastings was a small farm town in the middle of nowhere. The town is actually really nice with a good selection of hotels and restaurants and a nice downtown area.