Wynn offers T $6m for Everett parcels

Agency invites others to bid more

Wynn Enterprises has agreed to pay $6 million for three parcels of MBTA land the Las Vegas company needs to construct the preferred entrance to its proposed Everett casino.

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Bruce Mohl

Editor, CommonWealth

About Bruce Mohl

Bruce Mohl is the editor of CommonWealth magazine. Bruce came to CommonWealth from the Boston Globe, where he spent nearly 30 years in a wide variety of positions covering business and politics. He covered the Massachusetts State House and served as the Globe’s State House bureau chief in the late 1980s. He also reported for the Globe’s Spotlight Team, winning a Loeb award in 1992 for coverage of conflicts of interest in the state’s pension system. He served as the Globe’s political editor in 1994 and went on to cover consumer issues for the newspaper. At CommonWealth, Bruce helped launch the magazine’s website and has written about a wide range of issues with a special focus on politics, tax policy, energy, and gambling. Bruce is a graduate of Ohio Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University. He lives in Dorchester.

About Bruce Mohl

Bruce Mohl is the editor of CommonWealth magazine. Bruce came to CommonWealth from the Boston Globe, where he spent nearly 30 years in a wide variety of positions covering business and politics. He covered the Massachusetts State House and served as the Globe’s State House bureau chief in the late 1980s. He also reported for the Globe’s Spotlight Team, winning a Loeb award in 1992 for coverage of conflicts of interest in the state’s pension system. He served as the Globe’s political editor in 1994 and went on to cover consumer issues for the newspaper. At CommonWealth, Bruce helped launch the magazine’s website and has written about a wide range of issues with a special focus on politics, tax policy, energy, and gambling. Bruce is a graduate of Ohio Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University. He lives in Dorchester.

The deal is contingent on no other bidders stepping forward who would pay more. The T is running ads in local newspapers inviting other bids, but documents related to the deal indicate Wynn has already put down a nonrefundable $1.5 million fee in connection with its offer.

The land deal is one of those crucial loose ends Wynn is trying to nail down as state regulators prepare to award a Greater Boston casino license next week. Wynn is competing for the license against Mohegan Sun, which wants to build a casino in Revere at the Suffolk Downs racetrack.

State transportation officials earlier signaled a willingness to sell the land to Wynn, but the ads disclose for the first time how much the casino developer is willing to pay. Wynn has also agreed to construct a new entrance to the MBTA repair facility and install traffic signals to make the site easily accessible.