The $455 million redevelopment of Belmont Park reached a milestone Wednesday morning.

Gov. Kathy Hochul , officials from the New York Racing Association, representatives from AECOM Tishman and Populous, unionized construction workers and more joined to celebrate a topping out ceremony, marking the placement of the final beam at the new Belmont Park.

Marc Holliday, the chairman of the NYRA board of directors, confirmed that the multi-year project is “on time and on budget.”

“To launch one of the greatest, largest racetrack projects ever in history right here, and a world-class facility,” Hochul said. “Marc and I were talking about the tracks we have here — is there anything else like it? Perhaps in Dubai. I don’t know. I haven’t been there lately, but I’m going to say no because I have

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