Priority Development Sites in Revere, MA
Revere is a city in Suffolk County, located approximately 5 miles from downtown Boston. Founded as North Chelsea in 1846, the City was renamed in 1871 after the American Revolutionary War patriot Paul Revere. It was incorporated as a City in 1915. As of the 2010 United States Census, the city has a population of 51,755 inhabitants. Revere borders Winthrop, East Boston and Chelsea to the South, Everett and Malden to the West, Saugus and Lynn to the 18 north and the Atlantic Ocean to the east. It comprises 10.0 square miles, of which 4.1 miles are open water and wetlands. Of the 5.9 miles of developed land, 70% is used for housing.
Suffolk Downs
Size:
151 acres of which 52 are in Revere
Contact Name:
Robert O’Brien, Director of Economic Development
Contact Email:
robrien@revere.org
Contact Phone:
617-461-6730
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.
The Former NECCO Headquarters
Size:
49 acres
Contact Name:
Robert O’Brien, Director of Economic Development
Contact Email:
robrien@revere.org
Contact Phone:
617-461-6730
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.
Wonderland
Size:
34 acres
Contact Name:
Robert O’Brien, Director of Economic Development
Contact Email:
robrien@revere.org
Contact Phone:
617-461-6730
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.