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Governor Kathy Hochul accompanied New York Racing Association officials, AECOM Tishman, Populous and unionized construction workers for a topping out ceremony Wednesday, marking the placement of the final beam at the new Belmont Park.

“As we raise the final beam, today marks a major milestone for Belmont Park and New York State,” Governor Hochul said. “This project is more than simply rebuilding a racetrack–it's creating jobs, boosting our economy and ensuring Belmont remains a world-class destination. This redevelopment means thousands of good-paying union jobs, new opportunities for local businesses and a facility that will attract visitors from around the world.”

Belmont Park will re-open for live racing in September 2026 with the GI Belmont Stakes, set to return to its Long Island home in 2027 following a three-year period where the event was temporarily shifted to Saratoga Race Course. In May, Governor Hochul announced the new Belmont Park as the site of the 2027 Breeders' Cup World Championships, last held in New York State in 2005.

The project to build a new Belmont Park will generate $1 billion in construction-related economic impact and create 3,700 construction-related jobs. Following the return of thoroughbred racing to Belmont in 2026, additional racing and non-racing activities at the new facility will generate $155 million in annual economic output and produce $10 million in new state and local tax revenue per year.

“Thanks to the leadership and vision of Governor Hochul, who has long recognized the importance of horse racing to New York State's economy and culture, NYRA is transforming Belmont Park into the sports and entertainment destination that New York deserves,” said New York Racing Association President and CEO David O'Rourke. “Today's milestone is a testament to the dedicated efforts of the construction personnel on-site, the NYRA team, and the expertise of our partners at AECOM Tishman and Populous. Because of their work, a new Belmont Park is coming to Long Island in 2026.”

 

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The post Governor Hochul Attends Major Construction Milestone at Belmont Park appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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