By Josh Resnek
The Massachusetts Senate is making it possible for the New England Revolution Soccer Team to build a stadium in Everett, as announced in the Leader Herald several months ago.
The old power plant going totally off-line in a short while will likely be torn down and carted away, and the land remediated so an all purpose stadium can be built there. Legislation now being worked on by the Senate will expedite the effort.
This legislation being moved by the Senate is considered crucial for the soccer stadium development to proceed: It removes 43 acres – currently home to a shuttered power plant overlooking the Mystic River – from a Designated Port Area, a state designation that limits what can be built on certain waterfront parcels to marine industrial uses. The property is on Boston’s doorstep, just across the Mystic from Charlestown, and across Route 99 from the Encore Boston Harbor casino, as reported Monday in the Boston Globe.
Wynn Resorts acquired the former generating plant for $25 million from Constellation Energy.
The Revs coming to Everett would be big medicine, another incredible happening that could not have been imagined even ten years ago.
A major league soccer stadium in Everett combined with the casino will become extraordinary economic engines and produce added revenues and taxes for the Everett city treasury.