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CITY OF REVERE AND CAESARS RESORT AT SUFFOLK DOWNS REACH HOST COMMUNITY AGREEMENT

A $1 billion resort casino at Suffolk Downs will provide Revere with jobs, local business benefits and millions in community investment thanks to a historic deal signed today between the developers and Mayor Rizzo. Under the agreements with Caesars Entertainment and Suffolk Downs, Revere will receive $16 million in one-time community investments, including the new high school football field and youth center, and $15 million in annual payments once the resort is fully operational. The amount of the payments will be determined in part by the resort’s performance. The deal will also include $45 million in road and transportation improvements, preferences to Revere and Boston residents for the 4,000 permanent jobs and 2,500 construction jobs, job training programs and $7.5 million in annual spending with Revere-based businesses. Click here  for Press Release Click Here to See East Boston &  Revere Host  Community Agreements

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Suffolk Downs casino would give Boston $32m yearly

Menino reaches deal for complex at Suffolk Downs; at least 4,000 jobs promised; referendum is next step A Suffolk Downs casino would pay Boston at least $32 million annually — and potentially far more — while guaranteeing at least 4,000 permanent jobs and providing East Boston an upfront payment of $33.4 million, under an agreement signed Tuesday with Mayor Thomas M. Menino. The deal includes provisions that would substantially increase the annual payment to the city if the casino is highly profitable. Under those provisions, the deal could be worth $52 million for Boston annually, based on projections from a city consultant that the resort would gross $1 billion per year in gambling revenue. See More at Boston.com

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Your Move, Mayor Menino Tells Suffolk Downs

Story by: Boston Herald   Mayor Thomas M. Menino has turned up the heat on Suffolk Downs, pressuring the East Boston racetrack developers to sign a casino deal — even as rivals threaten to leave the Hub out of the running in its bid to host a gambling palace, the Herald has learned. The move comes as Suffolk Downs remains one of just two casino hopefuls statewide that haven’t struck so-called “host city” agreements required of bidders.

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‘Boston Strong’-themed sculpture to highlight 10th Annual National Sand Sculpting Festival at Revere Beach

Story by Boston.com Jul 12, 2013 04:38 PM By Matt Rocheleau, Town Correspondent A ‘Boston Strong’-themed sculpture will serve as the centerpiece of next weekend’s 10th annual National Sand Sculpting Festival at Revere Beach. The ‘very large’ sculpture will stand as a ‘tribute to the victims and public safety personnel that exemplified the true nature of New Englanders this past Patriots Day,’ said a statement Friday from the nonprofit Revere Beach Partnership, which runs the festival.

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Boston Area 4th of July Fireworks Celebrations!

Along with Thanksgiving, July 4th is a holiday Americans can claim all to themselves. There’s no shortage of fun, family oriented things to do in Massachusetts this July 4th. Boston Harborfest is the king of all things 4th of July. With hundreds of events for adults and children, including historic reenactments, live music, food, and patriotic revelries, you won’t run out of things to do. But Independence Day celebrations aren’t limited to Boston. There is a solemn reading of the Declaration of Independence at Old Sturbridge Village; a Blessing of the Fleet with food and live music in New Bedford; art shows in Brewster ; a road race on Nantucket and many fireworks displays across the Commonwealth. Don’t miss any opportunity to get out there and have some patriotic fun. Here are just some of the things to do in Massachusetts this 4th of July. http://www.massvacation.com/explore/holidays/4th-of-july/ 

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Revere Group Wins Better Beaches Award

DCR Commissioner Jack Murray, Save the Harbor’s President Patty Foley, Carol Haney, Amanda Gourge, Sarah McRae and Adrienne Maguire at Saturday’s Save the Harbor/Save the Bay Better Beaches Awards Breakfast on the Boston Fish Pier. Posted by: Christina Jedra  Boston.com On Saturday, June 15, 2013 Save the Harbor / Save the Bay awarded $30,000 in Better Beaches grants to 14 groups to support dozens of free public events in nine beachfront communities from Nahant to Nantasket this summer, including 1 group in Revere.

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Waterfront Square is Moving to the Development Fast Track

Seth Daniel- Revere Journal  –   A major milestone in the Waterfront Square development on Revere Beach is about to unfold this week, and if developers have their way, the project will soon shift to warp speed. Covington Realty Partners of St. Louis will appear before the Conservation Commission today, June 5th, to discuss plans for building two apartment buildings with 194 rental units on the North Lot at Wonderland. It will be the first piece of the private development phase of the project. Up to now, only the public portion of the project has been under construction – including the new parking garage, pedestrian bridge and plaza deck. 

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Revere Beach Kite Festival was Flying High!

Sunday’s Revere Beach Kite Festival drew a large audience on a spectacularly beautiful springtime day at the beach. The colors were bold against a blue & slightly cloudy sky, the wind cooperated almost on cue!  Fun and excitement  was enjoyed by hundreds with small children in awe of the kites being flown across from Kelly’s Roast Beef. Additional images by Joe Siciliano can be seen at www.facebook.com/reverebeach  Be sure to Like Us when you get there! Follow Us on www.twitter.com/reverebeach too!

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