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Breaking down the numbers of the Churchill Downs revamp

Nearly a billion dollars is going into revamping Churchill Downs. But where is that money going exactly?

skye terrace churchill downs

All areas of The Skye are expected to be completed in May 2028.

Rendering courtesy of Churchill Downs.

$920 million. That’s the price tag on Churchill Downs’ latest round of capital projects, slated to extend through 2028. Let’s break down the numbers by project.

The Skye Project

  • $455 to $465 million. The amount invested in the section that starts beyond the finish line and extends to the First Turn Club.
  • 11,500. The number of existing uncovered seats that will be replaced with 13,300 upgraded seats.
  • 5-stories. The height of the structure that will replace the existing Skye Terrace.
Conservatory Churchill Downs rendering

The third phase of the Conservatory Project is slated to complete in 2028.

Rendering courtesy of Churchill Downs

Conservatory Project

  • $320 to $330 million. The cost of replacing the temporary seats in the infield along the homestretch of the racetrack.
  • 2,100. The number of temporary seats to be replaced.
Infield churchill downs rendering

The final building of the Infield General Admission Project is expected to open by 2028.

Rendering courtesy of Churchill Downs

Infield General Admission Project

  • $60 to $70 million. The cost of three new amenities buildings.
Skye Parking Lot View Churchill Downs rendering

A new tunnel to the infield will provide access to and from the front side.

Rendering courtesy of Churchill Downs

Infrastructure Projects

  • $45 to $55 million. The investment into general infrastructure improvements for horsemen and trainers.
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