Revere, MA

Description

This is the now nearly vacant former Suffolk Downs Race Track purchased in May of 2017 by HYM Investment Group, was rezoned in 2018, was fully approved for mixed-use development in 2019, and the first phase of such development (1.6M sq. ft. of retail, residential, and commercial development, including a new hotel and innovation center) will begin construction in the first quarter of 2020.

If you are interested in learning more, please contact:

Robert O’Brien, Director of Economic Development
robrien@revere.org
617-461-6730

Description

This property contains an 840 sq. ft.manufacturing, distribution and office facility on 1 500 sq. ft. footprint. This property was purchase in 2017 by Atlantic Management Company of Framingham; and it was rezone for advanced, manufacturing, e-commerce, research and development and ancillary uses. Vacated by NECCO in late 2018, it is now being refurbished for re-tenanting in 2019.

If you are interested in learning more, please contact:

Robert O’Brien, Director of Economic Development
robrien@revere.org
617-461-6730

Description

This now vacant site of the former Wonderland Dog Track is available for sale by the current owner, CBW Capital. It is adjacent to the existing Blue Line transit station and a planned new commuter rail station. There has been preliminary interest in this site for residential, commercial and entertainment purposes. To those ends, it is expected that an overlay zoning district would be approved, as was done at Suffolk Downs; and the permitting process could/would proceed thereafter, once a developer is selected. This site is completely within the City of Revere; and it has been designated as an Opportunity Zone, with attendance tax benefits.

If you are interested in learning more, please contact:

Robert O’Brien, Director of Economic Development
robrien@revere.org
617-461-6730