The park is the center of Colonia Hipódromo, which was built around it. Most of the colonia’s streets follow the lines of or lead to the park, and the houses that surround the park match the park’s Art Deco style. Around the park are a number of important architectural examples from the 1920s and 1930s such as the Edificio San Martín and the Edificio México. The building is important because it retains classic architectural features prevalent in the 1930s, such as the bedrooms having the best views, rather than the living room. This building was restored between 1998 and 2001 by architect Carlos Duclaud, when it was almost completely in ruins.