Wynn Resorts Takes Final Possession of MBTA Land

LAS VEGAS (March 3, 2015)—Wynn Resorts announced that it has closed on land that was purchased from the MBTA for $6 million. The acquisition of the 1.75-acre property, which is adjacent to the 33-acre Wynn Everett site located off Route 99 in Everett, culminates a lengthy public bidding process and advances the construction of the $1.6 billion five-star Wynn Everett Resort.

“The process of building Wynn Everett is moving forward exactly as planned,” said Robert DeSalvio, president of Wynn Everett. “After an extended period of public process and due diligence, we’re checking off the boxes and hitting the milestones we need to hit. Right now, there are teams of people in Massachusetts and Las Vegas working around the clock to make sure that permitting, design and planning continue to progress smoothly and building can start as soon as possible.”

Pre-construction soil boring has been ongoing for several months at the Wynn Everett site. Site preparation and remediation is expected to start in the summer of this year.

ABOUT WYNN EVERETT
Wynn Everett is a proposed $1.6 billion project that will include a five-star resort with more than 600 hotel rooms, high-end spa, retail, dining, ballroom and meeting space. Situated on 33 acres along the Mystic River, the site will allow for public enjoyment of the waterfront with paths that provide access to the harbor and retail and dining experiences that overlook the river walk. The resort will generate more than 4,000 construction jobs, more than 4,000 permanent jobs with excellent salaries and benefits and approximately $260 in annual tax revenue to the state.

ABOUT WYNN RESORTS
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 and NASDAQ-100 Indexes. Wynn Resorts owns and operates Wynn and Encore Las Vegas (www.wynnlasvegas.com<http://www.wynnlasvegas.com>) and Wynn and Encore Macau (www.wynnmacau.com<http://www.wynnmacau.com>).

Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas, approximately 186,000 square feet of casino space, 34 food and beverage outlets featuring signature chefs, two award-winning spas, an on-site 18-hole golf course, meeting space, a Ferrari and Maserati dealership, approximately 99,000 square feet of retail space as well as two showrooms; three nightclubs and a beach club.

Wynn and Encore Macau is a destination casino located in the Macau Special Administrative Region of the People’s Republic of China with two luxury hotel towers with a total of 1,008 spacious rooms and suites, approximately 280,000 square feet of casino space, casual and fine dining in eight restaurants, approximately 57,000 square feet of retail space, recreation and leisure facilities, including two health clubs, two spas and a pool.

Krystle Campbell Peace Garden Fundraising Reception

Wynn Everett is a major supporter of the soon to be built Krystle Campbell Peace Garden. The Krystle Campbell Peace Garden honors the victims of the 2013 Boston Marathon Bombings…Krystle Campbell, Lingzi Lu, Martin Richard and Officer Sean Collier, as well as, all the survivors injured during the bombings.

On March 12th at 5:30pm Medford Mayor Michael McGlynn will host a fundraiser to cover maintenance costs of the Krystle Campbell Peace Garden. The Krystle Campbell Peace Garden will cost approximately $1 million dollars. The entire cost to build the park has been paid for with private money. Wynn Everett alone donated $250,000 towards the Krystle Campbell Peace Garden. This event will raise funds for ongoing maintenance of the garden. United States Senator Edward J. Markey and United States Congresswomen Katherine Clark will be in attendance. Learn more about the peace garden and register to attend the fundraiser.

krystle-campbell-peace-garden-rendering

Wynn Officials, Boston Meeting to Discuss Traffic

Despite the City of Boston’s cold reception of Wynn Everett when it comes to negotiating mitigation agreements and other such things, apparently working out traffic problems with Wynn has not been so taboo – including very detailed discussions of traffic fixes in Sullivan Square.

Bob DeSalvio, vice president of development for Wynn Everett, told the Massachusetts Gaming Commission (MGC) last Thursday that they have met with the Boston Transportation Department (BTD) seven times since Nov. 2014.

“We have continued to consult with the BTD regarding traffic and transit issues relevant to Boston, meeting with them seven times since November of 2014, with the last meeting held on January 26,” he said.

In an interview with the newspaper in early January, Boston Mayor Martin Walsh and several key staff members did acknowledge that they have had ongoing meetings with Wynn regarding traffic.

DeSalvio said meetings have included the BTD, the state Department of Transportation (DOT) and the MBTA.

“In the course of those meetings, BTD requested additional analysis which has been completed including additional traffic counts, which were conducted in December, along Broadway/Alford Street on Route 99 and in Sullivan Square, to ensure that the completion of the Alford Street Bridge and the Tobin Bridge projects did not materially affect traffic,” DeSalvio said. “In addition, at the request of BTD, we completed a sensitivity analysis of transit ridership to ascertain the impacts of projected transit usage on the road network and reanalyzed anticipated parking utilization to confirm the validity of those estimates, including by comparison to other identified casinos.”

DeSalvio also disclosed that BTD has had detailed discussions over the past few months regarding the lynchpin in the project – and a contentious point in Charlestown and Everett – Sullivan Square redesign.

“There was also extensive consultation with BTD regarding our plans to mitigate the impacts of the project on Sullivan Square,” DeSalvio said. “A number of BTD’s requested modifications to that plan were incorporated, including the installation of conduit from Sullivan Square to Austin Street to tie that part of the traffic signal network into BTD’s command center, adjustments to lane geometry along Route 99, and a reconfiguration of Sullivan Square roads to better integrate the MBTA’s bus operations at Sullivan Square Station with general traffic.

“We will continue to meet with BTD as the design of the project, including the Sullivan Square mitigation, progresses,” he continued.

It was believed that Boston had largely withdrawn from the casino process after a rocky relationship developed last year, which evolved into a full-blown lawsuit filed against the MGC in January for its awarding of the license to Wynn.

Originally posted on Charlestown Patriot-Bridge

Wynn Community Meeting With Engaged Charlestown Proves Productive, Useful

Wynn Resorts officials revealed that the most current traffic counts for Sullivan Square and Rutherford Avenue showed the casino project would generate around 523 new trips during peak hours – a 15 percent increase – during an extensive meeting at Bunker Hill Community College Wednesday night with residents that covered five critical topics regarding the project.

Wynn Resorts officials met with Charlestown residents within a newly formed organization Wednesday night dubbed Engaged Charlestown Residents for three hours to prove that it had “skin in the game” and to begin engaging with the community.

Some 60 residents came out to hear the presentation – a figure that was slightly hampered by the cold and snow – but it didn’t squash the enthusiasm of the crowd. Many residents had questions about the general project, the mitigation, problem gaming – and most importantly – traffic.

Organizer Lynne Levesque and State Rep. Dan Ryan said the meeting was to begin engaging with Wynn in the absence of a strong City of Boston presence – which is said to be hampered by the lawsuit against the Massachusetts Gaming Commission (MGC).

“I promise you I have not gone over to the dark side,” said Levesque, who is against gaming, with a laugh. “I have promised [them] I won’t ever step foot in the Wynn Resort…However, we are here tonight because our big goal is to bring Charlestown together with one voice tow work with Wynn regarding their project.”

Said Ryan, “I know Mayor Walsh and I know he’s fighting for Charlestown. There is a lawsuit…Absent of that mechanism of the City’s organizing, we need to start having conversations.”

That’s exactly what they did.

Most of the energy came at the end of the meeting when short-term traffic plans were unveiled – plans that will come out in more detail later this month when final environmental reports are filed with the state.

Wynn Everett President Bob DeSalvio unveiled about eight key pieces to the short-term plan, which is separate and apart from the long-term plan that will be directed by the City of Boston Transportation Department (BTD) after the casino opens.

  • Wynn will pay for the Sullivan Square intersection to be hooked into the BTD Command Center, which is able to control lights and signals at more than 200 citywide intersections. The intersection is currently not hooked into that crucial system.
  • Two dedicated right-turn lanes will be configured off of the I-93 ramp. Currently, only one land turns right and the other turns left – though many illegally jump the requirement.
  • A light is potentially proposed for Spice and Cambridge Streets and vehicle headed to Rutherford Avenue would be encouraged to use Spice Street and D Street as an alternative. Wynn officials said about 16 percent of the traffic headed through the Square could be diverted through this change. Wynn would pay to resurface the road, improve sidewalks and clean up the area.
  • Better pedestrian access and sidewalks throughout the Square.
  • Wynn would straighten out the intersection at Main Street, eliminating the jog, and providing better landscaping there as well.
  • The middle portion of Sullivan Square would be completely landscaped and beautified.“We want to clean up that entire area,” DeSalvio said.
  • Wynn would reconfigure the Bus Depot/T Station, first and foremost making the extension street where buses queue a public street for cars to use. Within that, the station would be reconfigured to have buses circulate in a clockwise fashion that would have them crossing Maffa Way to get to the upper levels. The station area would be a major area to keep cars and buses out of the circle.
  • Increase lighting, streetscape improvements and improve the overall walking experience.Other plans for transportation included having a world-class water shuttle, a Premium Motorcoach service from Logan, a ZipCar on site, a Hubway bicycle facility on site, employee/patron shuttles from the T and an employee parking lot off-site near the New England Produce Market on Beacham Street in Everett.

    Many questions were asked about the plan, and residents said the discussion was extremely helpful to them understanding what is intended to be done in the short term. Those short term fixes – which came with a great deal of input from BTD and the state DOT – are to be paid for with Wynn’s $10 million commitment to short-term fixes in Sullivan Square.

    DeSalvio said it is a conceptual plan and could be changed after discussion and public input.

    Meanwhile, a great deal of time was also spent on the long-term solution for Charlestown.

    Wynn explained that they were not leading that process, nor were they paying for it all. However, they detailed that they were contributing anywhere from $25 million to $45 million over 10 years to those improvements and would have a seat at the table and the will to get it done.

    City Councillor Sal LaMattina said he wondered why Wynn wasn’t paying for the entire long-term solution rather than just contributing.

    DeSalvio was emphatic in saying they were committed and it was a problem that has existed long before Wynn and is a problem much greater than Wynn.

    “I have to tell you I believe Wynn is doing its fair share as part of the long-term solution,” he said. “There’s no other developer I know of that has put money into Sullivan Square and that includes Assembly Row. We’re here; we’re real and we have skin in the game – $25 million at a minimum and maybe $45 million in the end.”

    One resident said she didn’t know whether or not the $2 million penalty for exceeding car counts (a program that could increase the mitigation from $4.1 million per year to $6 million per year) was enough.

    “When you have impacts that exist, then you have impacts and they affect us,” she said. “It’s not like you’re giving the $2 million to me.”

    DeSalvio further elaborated on the long-term topic, saying they are ready to have a major seat at the table and to pay for their part of the program.

    “We want our guests to have a five-star experience and that doesn’t include being stuck in traffic,” he said. “We’re ready to roll up our sleeves and get to work. We’re also standing by with a checkbook. It’s time for action. That’s going to take elected officials, us and the community coming together. It’s a City of Boston project. We’re going to participate in it and pay for part of it. We’d love to have a seat at the table, but it’s a situation that’s bigger than just Wynn Resorts.”

    Another major topic with a great deal of interest was how the contaminated site would be cleaned up.

    Jamie Fay of Fort Point Associates explained how – as has been a concern – that trucks shipping out the contaminants would be sealed. Most of the contaminates are located in three locations – with two having been contaminated by arsenic and heavy metals and a third having been contaminated by the making of sulfuric acid.

    The site was the former long-time home of the Monsanto Chemical Company.

    Prior to its industrial use, Fay said it had been an oyster farm used by the owners of the Union Oyster House for producing shellfish to be served in the historic Boston restaurant.

    Fay said materials would go into trucks in ziplock-type sealed bags or in completely sealed trucks.

    “The contaminated soils will not be in open trucks like some dump truck you might see driving around,” he said.

    He could not say yet, however, what route the trucks would be taking. He said it depends on what sites are chosen for disposal as to what route would be taken.

    That, he said, would be determined within the next six months when bids begin going out for construction and site mitigation.

    In the end, the group agreed to have many more meetings, to split up by topic to have bigger discussion.

    Wynn agreed to station an employee from the development team with office hours in Charlestown at a location to be determined.

    Originally posted on Charlestown Patriot-Bridge

Charlestown residents sent Steve Wynn several fruit baskets

Charlestown residents sent Steve Wynn several fruit baskets in response to a joke made at a recent event in Boston. “Charbonnier said he read about Wynn’s comments in the paper indicating that he didn’t expect a parade, but it would have been nice to get a fruit basket. In order to show a little humor and some support from Charlestown, Charbonnier said he thought he would send a basket.” Read about why so many in the Charlestown community are interested in moving past the fight against the casino and trying to work proactively with Wynn Everett.

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