The Domesday Duplicator is an open source hardware and software project which takes a tap of the full spectrum RF data directly from the optical head of a LaserDisc player and digitizes it at 10-bit/40 million samples per second. The resulting data are processed in the digital domain, giving significantly better video than was possible using even the best LaserDisc layers. LDs with digital audio don't see much, if any improvement in audio, but earlier LDs with analog audio get to see an improvement with their audio as well.
This project is pretty much the embodiment of your desire to create an LD player, but with today's technology.
You can purchase a completed analog to digital extraction module to modify an existing LD player for $525 from
<
https://www.tindie.com/products/tokugawaheavyindustries/domesday-duplicator/>
and there's all the information for the software you need at
<
https://github.com/happycube/ld-decode>
This project is most assuredly not for the faint of heart, but with the right skills it's now possible to best the performance of even a Pioneer HLD-X0, at least as far as standard definition LDs are concerned.