CLEVELAND, Ohio -- The Cleveland Browns announced on Monday that FirstEnergy renovations are on time and on budget.

Browns President Alec Scheiner lead a hard-hat tour of FirstEnergy Stadium where reporters got a glimpse of Phase I of the

. Scheiner stated the completion of the construction will be done in time for the first home preseason game on Aug. 23.

The Daktronics video boards will be the NFL's fourth-largest in 2014 and will triple in size from last year's boards, which is equivalent in size to 645 60-inch HD TVs. They are also 32 feet lower and 56 feet closer to the field.

Next year, for the second phase, the Browns plan on improving general-admission concession areas, with locally-based offerings. So-called “premium areas” of the stadium would see upgrades, as well, including refurbished club seats and suites and more top-level entertainment.

Some quick facts about the construction so far include over 200 workers on-site and removing more than 5.5 million pounds of materials. Already have installed more than 2 million pounds of steel and poured more than 13.3 million pounds of concrete.