Wynn Resorts has spent $75 million buying up properties around its under-construction casino-resort in Everett.
The Las Vegas-based company plans to spend $15 million more, all in an effort to essentially spruce up the area surrounding the 3 million-square-foot, $2.4 billion gambling destination.
“It’s property that we’re buying so that we can turn Everett into a great example of America, of how a business can change a neighborhood.,” Steve Wynn, the “Wynn” in Wynn Resorts, said.
Most of the purchased or contracted properties are clustered near the entrance to the future resort, dubbed Wynn Boston Harbor and slated to open soon after construction wraps in late 2018.
- Wynn spending $100M on land near casino [Herald]
- Nothing stopping Everett's Wynn Boston Harbor [Curbed Boston]