$455M Belmont reboot named as “Project of Regional Significance”
The Long Island Regional Planning Council has named the $455 million overhaul of Belmont Park as a Project of Regional Significance.
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The Belmont reboot is expected to generate $1 billion in construction-related economic impact along with 3,700 temporary construction jobs during the project, which began in March. Once completed, it is projected to create $155 million in annual economic impact to the region, along with 700 full-time jobs.