Mayor: Everett-Wynn agreement will move forward — promises revenue, infrastructure and jobs

By The Advocate

Mayor Robert Van Campen said an agreement between the City of Everett and Wynn Resorts tied to the company’s proposed “East of Broadway” development will move forward under his administration, emphasizing projected revenue, infrastructure upgrades and union jobs. In a statement released this week, Van Campen said the memorandum of agreement was finalized by his predecessor shortly before he took office. The three-phase development on Lower Broadway has already undergone review under the Massachusetts Environmental Policy Act.

The originally proposed first phase — a garage, a day-and-night club and a theater — received local approval in December 2022, Van Campen said. What is now being discussed as a new first phase, consisting of two hotels with about 800 rooms combined, must still undergo site plan review by the Everett Planning Board. Van Campen said that while he did not negotiate the agreement, his focus is on ensuring the project delivers “real, lasting value” for residents.

According to the City of Everett, the development is projected to generate nearly $12 million annually in revenue once fully operational and include significant infrastructure investments. Wynn Resorts has committed about $15 million toward transportation improvements in Everett, including expanded and dedicated bus lanes, and another $25 million toward a future commuter rail stop.

The project will also redevelop a formerly polluted site, the mayor said. All phases of construction will be 100% union-built under a project labor agreement that guarantees union jobs at Wynn properties in Everett. The agreement also includes a pedestrian bridge spanning Broadway, connecting directly to the casino and theater with access points on both sidewalks. The bridge is intended to improve public safety by allowing pedestrians to cross without disrupting traffic and eliminating street-level crossings.