International Speedway Corp., owner of the Daytona International Speedway, kicked off construction in early July of its $400-million renovation of the NASCAR racetrack in Daytona Beach, Fla. The project—dubbed "Daytona Rising: Reimagining an American Icon"—is the single largest investment in the company's history.
The project will redo the current grandstands with a 120-ft-high structure that will extend for nearly a mile along the track’s front straightaway while also replacing the facility’s tower and adding amenities. Construction manager Barton Malow Co. and architectural firm Rossetti, both of Southfield, Mich., expect to complete the design-build project by January 2016.