Everett elected officials’ latest legislative maneuver to unlock a redevelopment of the city’s soon-to-shutter Constellation Energy power plant fell short again on Beacon Hill yesterday, victim of discord over a late budget bill.
An economic development bill filed Monday removes the Alford Street property from a state designated port area, just weeks after House Speaker Ronald Mariano tossed cold water on the idea.
Wynn Resorts’ plans for a new gambling and entertainment complex across the street from its Encore Boston Harbor casino received final approval from Everett officials this week.
Wynn Resorts has acquired the Constellation Energy power plant property near its Encore Boston Harbor casino in a major expansion of its presence on the Everett waterfront.
As Encore Boston Harbor looks to expand its gambling offerings into a new development across the street from its existing casino, state regulators are revisiting the 2013 referendum through which Everett voters backed the casino to try to suss out exactly what it was that city residents approved.
The actions of the Mass. Gaming Commission almost a decade ago could be put under a new microscope after the Supreme Judicial Court ruled Monday that a lower court should look more closely at the “highly unusual character of the commission’s actions” related to the award of a casino license to Wynn Resorts and the casino company’s purchase of land in Everett.
The Gaming Commission is allowing a concert venue planned by Wynn Resorts across the street from its Everett casino to go forward, but only after imposing significant restrictions on the casino itself.
The Gaming Commission’s decision whether to exercise oversight of the development that Wynn Resorts is planning across the street from its Encore Boston Harbor casino in Everett will have to wait a few more weeks.
Wynn Resorts will sell its Everett resort casino to a San Diego real estate investment trust and use the windfall to pay for new developments and retire debt.
The 1,800-seat entertainment venue will be reduced below 1,000 seats, a top Encore Boston Harbor official told a top Massachusetts casino regulator.
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
Wynn Resorts has acquired another parcel across from its Encore Boston Harbor casino as Everett officials move forward with urban redevelopment plans for a “Destination District” on Lower Broadway.
Everett officials envision a new commercial district and waterfront destination rising on the Mystic River following the decommissioning of Exelon Corp.’s LNG-fired power plant.
A federal court sided with Wynn Resorts in a lawsuit which claimed that the Las Vegas casino operator encouraged an Everett landlord to terminate the lease of an auto body shop near its Encore Boston Harbor property.
A 51-unit luxury apartment project next to the Exxon Mobile petroleum terminal in Everett has landed construction financing.
The owners of the Encore Boston Harbor casino and 16.5 acres that surround it are looking for development partners to build up the neighborhood.
Wynn Resorts may own over a dozen acres around its massive Encore Boston Harbor casino in Everett, but the company is going to be cautious about how it converts the sprawling apron of auto body shops, parking lots and a popular roast beef eatery into an entertainment district to compliment its core operations.
Instead of locals, outsiders like billionaire hedge fund king John Henry and Las Vegas icon Wynn Resorts were the ones who won out in knock-down fights for two of the most transformative deals in the history of Greater Boston, and we’re better off for it.
Speaking at the opening of the new Encore Boston Harbor casino, Everett Mayor Carlo DeMaria promised to continue efforts to redevelop Everett’s industrial waterfront area, including improvements to rail and water transportation.
