Encore Boston Harbor casino owner reaches hotel expansion deal with Everett
Summary
Wynn Resorts, the owner of Encore Boston Harbor casino, has reached an agreement with the city of Everett to expand its presence with up to two new hotels on Lower Broadway. The deal, finalized in the final hours of outgoing Mayor Carlo DeMaria’s term, includes up to $25 million towards a potential new Commuter Rail stop. No gambling will be permitted at the new hotels. Incoming Mayor Robert Van Campen, sworn in on the same day, expressed a desire to ensure the commuter rail stop maximizes benefits for Everett residents, potentially relocating it to better serve the area. The project aims to generate tax revenue, create jobs, and remediate contaminated land, with hotel completion anticipated by 2028. This development occurs alongside plans for a new soccer stadium for the New England Revolution nearby.
(Source:Cbs Boston)