Wynn changing Everett — for the better
Casino will help, not hurt, local businesses
THE MASSACHUSETTS GAMING ACT was enacted by the Legislature in 2011 specifically to create new jobs, generate new tax revenue, and propel local economic growth. The Massachusetts Gaming Commission, the entity created by the Legislature and charged with maximizing the potential for the spinoff economic development potential of this new industry, works hard every day and carefully crafts regulations to ensure that the casino industry yields positive impacts for not just host communities, but for the entire state of Massachusetts. Years before the first gaming resort opens its doors, the transformative and positive effect of the Commonwealth’s gaming legislation is already being felt.
In the city of Everett, where I am proud to serve as mayor, construction of the $2.4 billion Wynn Boston Harbor resort is progressing at a rapid pace. Today, nearly two years before the destination resort opens its doors, more than $3 million in salaries have been paid to construction workers who reside in our city. Everett residents are also receiving priority access to the more than 4,500 job openings at Wynn Boston Harbor. These are careers, not just jobs, providing excellent salaries, benefits, and opportunities for advancement.
More than money, there is a forceful and transformative spirit that has permeated our city. Wynn is revitalizing an industrial and underutilized neighborhood, and opening a beautiful urban waterfront that has been fenced off from the public for over 100 years. Soon, our residents will be able to walk or bike along the entire Malden River — something many never dreamed possible. More than $30 million was spent by Wynn and Wynn alone to clean the former chemical plant site, which was highly contaminated and blighting the community.
Since construction of Wynn Boston Harbor started, my office regularly takes calls from developers worldwide interested in investing in our city. Just four months ago, Everett opened its first new hotel in 70 years. Just last week, we welcomed the Huntington Theatre Company set production team of 200 employees to a site down the road from the resort. The number of new businesses who want to open here, and existing companies who want to expand here, is skyrocketing. There is an infectious excitement and optimism that can be felt whenever I talk to local business owners.
That’s nearly $2 million a day injected into our local economy. And that’s not counting one dollar of secondary spending in and around Everett by Wynn’s 8 million guests a year, or Wynn’s 4,500 employees. This economic stimulus creates growth and prosperity which, in turn, only improves public safety and overall quality of life.The fact of the matter is, the City of Everett is thriving today and will continue to thrive in the future because Wynn is a catalyst for our economic revitalization and that of the entire Commonwealth.
Carlo DeMaria is the mayor of Everett.