Making demolition plans, Wynn spends millions to clear out Everett neighborhood
EVERETT — The $2.4 billion Wynn Resorts casino is rising along the Mystic River here, a lavish resort that will feature a five-star hotel, fine dining, and a waterfront promenade.
But as construction moves forward, the Wynn company is making plans to demolish a three-block section of a close-knit neighborhood just across the street from the casino.
Wynn Resorts has purchased 10 residential, commercial, and industrial properties to the east of the main road to the casino, often paying far beyond their assessed value to stake a claim to the shabby stretch and create a buffer between the casino and the surrounding neighborhood.
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