Renovated Belmont Park to accommodate more than 50,000 fans

Belmont Park's new modernized grandstand will feature 7,500 seats,  while the overall facility will be able to accommodate more than 50,000 fans.

It will also feature updated visitor amenities like suites, clubs and restaurants, and an open-air area overlooking the paddock where horses are saddled up.

Demolition of the park's existing grandstand began in early April and will continue for approximately four to six months.

The renovated park will expand the green space at the property and allow fans to access the 45-acre infield for the first time. This area could be used for community events and non-racing activities.

According to the New York Racing Association, the reconstruction of the main track and two turf courses continues along with the installation of the new all-weather synthetic surface.

Upon the project's completion, Belmont will be the only facility in the world to feature a dirt track, two turf tracks and a synthetic track.

The renovation of Belmont Park was recently deemed a "Project of Regional Significance" by the Long Island Regional Planning Council.

The project's benefits include:

• $1 billion in construction-related economic impact along with 3,700 temporary construction jobs during the project
• $155 million in annual economic impact to the region once the project is completed
• $45 million in state and local tax revenue generated
• Creation of more than 700 full-time jobs
• An expected additional $100 million in economic activity generated by hosting the Breeders Cup

“Through a loan to the New York Racing Association which will be paid at no cost to the taxpayers, the state is making a significant and much-needed investment to modernize Belmont Park, which has a storied place in Long Island’s history and is a national treasure in the world of horse racing,"  John Cameron, LIRPC Chairman, said in a statement. “We welcome the excitement the new facility will bring to fans and recognize the substantial economic benefits our region will derive.”