Revs Soccer Stadium Included in State Jobs Bill
The next huge real estate development project in Everett appears to have a path forward following a Beacon Hill compromise unveiled Tuesday.
The next huge real estate development project in Everett appears to have a path forward following a Beacon Hill compromise unveiled Tuesday.
The bill is seen as critical to supporting the state’s tech and life science industries, and will also impact the fate of a proposed professional soccer stadium on a parcel of blighted land along the Mystic River in Everett.
The House and Senate have both supported the idea over the past few years, but have not been able to get on the same page this year. It’s left the stadium again at the mercy of a conference committee.
Legislation paving the way for a soccer stadium in Everett scored a favorable committee report, and while the bill’s hometown sponsor is revved up about “getting everything going,” the bill appears to be on the Senate backburner for at least this month.
2024 promises to be a year of reckoning for many Boston-area commercial property owners as rising vacancies and expiring mortgages threaten their once-lucrative business plans.
Hundreds of millions of dollars in housing investments are in limbo after state legislators held off on finalizing a popular economic development bill Sunday night.