Overview
- Boston approved a 15-year, $48 million mitigation package that includes $13 million in direct payments and an estimated $34 million from a new per‑ticket revenue stream directed largely to Charlestown projects.
- Everett’s agreement commits $20 million for a four‑acre waterfront park with ongoing upkeep, $17.5 million for a new Assembly Orange Line station headhouse, a $2.25 per‑ticket fee, and $2 million toward a Route 99 waterfront walkway connection.
- The deals were finalized just before the Dec. 31 cutoff set by 2024 state legislation, with Boston’s talks mediated by former Massport chief Tom Glynn and Everett’s led by outgoing Mayor Carlo DeMaria.
- The Kraft Group says it will demolish and remediate the shuttered Mystic Station power plant, fund extensive traffic and transit measures, cover public safety and transportation management costs for events, and add a ferry dock for water access.
- The proposed privately financed stadium would seat about 25,000 near Encore Boston Harbor and now proceeds to state and local environmental and planning reviews before construction can begin.