New England Revolution advance $500M soccer stadium project

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Dive Temporary:

• The Kraft Group, house owners of the New England Revolution soccer crew, reached an settlement with the cities of Boston and Everett, Massachusetts, to maneuver ahead with construction on a new 24,000-seat stadium, in response to a press release.
• The undertaking will value an estimated $500 million, in response to the Boston Globe. It additionally features a new 4-acre waterfront park alongside the Mystic River in Everett, in response to a Kraft Group project sheet.
• The greenlight to proceed follows months of debate on whether or not Boston and Everett would approve the undertaking, which sits on the location of an environmentally contaminated decommissioned energy station.

Dive Perception:

The Kraft Group has lengthy been pushing for a brand new residence within the space, because the Revolution are one of many solely MLS groups working and not using a soccer-specific stadium. The crew at present shares Gillette Stadium in Foxborough with the NFL’s Patriots. 

Plans embrace $80 million for the demolition of the decommissioned energy station and subsequent remediation of the location. That features elevating the location for coastal flooding resilience, in response to the undertaking sheet.

One other $20 million will go towards the event of a waterfront park on the Mystic River adjoining to the Alford Road Bridge, which can embrace the development of a waterfront pedestrian and bicycle path.

“Below the agreements, we’ll undertake important environmental remediation and demolition of the long-vacant powerplant, put money into in depth site visitors and transportation enhancements, and ship substantial group advantages, together with hundreds of thousands of {dollars} in the direction of infrastructure enhancements,” the Kraft Group mentioned within the assertion. “The undertaking will open the waterfront with the creation of a brand new public park, strengthen pedestrian and bicycle connectivity, and improve entry to public transit.”

The waterfront park shall be open to most people 12 months spherical, in response to the undertaking sheet. The development of the stadium and waterfront park shall be privately funded.

The earliest the stadium may very well be prepared to be used is 2027, Brian Bilello, New England Revolution crew president, instructed the Boston Globe.