BBJ Ranks Encore Project as the Biggest in the State

By Josh Resnek

Encore Boston Harbor, the Everett casino-hotel project now coming to completion has been named the number one project in Massachusetts.

According to the Boston Business Journal at $1,516,000,000, this project is the largest in Massachusetts and is nearly 70% complete.

It is set to open in June, 2019.

The BBJ $1.516 million price tag for the Encore casino/hotel is a great distance away from Wynn Resorts estimates of total expenses for the development.

There is about a $1 billion discrepancy that remains largely unexplained by Wynn officials.

Suffolk Construction is the builder of the casino/hotel.

Wynn officials have tagged the price for land acquisition, environmental mitigation, construction and the build out of interior amenities and furnishings at $2.5 billion.

The closest project in size and dollars to the Everett casino/ hotel is the $950,000,000 Echelon Seaport development only 30% complete right now.

Echelon, like the casino/hotel, is advertised as a ve star luxury residential destination on the Seaport waterfront.

Boston Children’s Hospital is in third place with a $550,000,000 addition that is scheduled to open in June 2021.

Number four, is The Four Seasons Hotel and Private Residence. At $413,000,000 another of the giant luxury developments dominating the construction world in Boston at this time.

Number five, One Seaport Square, already completed, is a marquee development of one, two and three bedroom units and studios as well in the Seaport development district.

Total cost: $400,000,000.

In sixth position, Partners Health Care with a development in Somerville costing $335,000,000.

Number seven, The MathWorks Inc, will be complete in Natick in November.

Total cost: $270,000,000.

Number eight: The Clippership Wharf Project is rolling along and is 65% complete.

Total cost: $225,000,000.

UMASS Boston is at number nine with a huge road and infrastructure project headed by the Bond Brothers (originally from Everett).

Total cost: $224,000,000.

Coming in at number ten is Boston Medical Center with a $207,000,000 addition opening in December, 2019.

Suffolk Construction, headed by John Fish, has either built or is building six out of the top ten developments.

Leave a Reply