MA Casino Developments

Ron Newman said:
isn't King Arthur's in Chelsea?
Click to expand...

Yes indeed; it's on Beacham Street, that crazy/stark/desolate industrial hellscape road that cuts directly across from Route 1 to 99, which I have had occasion to drive on on more than one instance. I'm always kind of amazed that a Hollywood movie isn't being filmed there whenever I drive thru, the landscape is so bleak (well, industrial, frankly).

According to the map, it's in Chelsea... but just barely. In fact, it looks like it's straddling the boundary line--kind of like the original Revere casino proposal! ha!

[Go to a map and see where Beacham Street intersects Riley Way; that's where it is. Then note how the Chelsea/Everett line is slicing right by the building--if not through it.]
 
If you're lucky enough to live in Chelsea, that's the route you get to take to ride a bike into Boston. It actually doesn't seem as bad on a bike to me somehow.
 
gooseberry said:
If you're lucky enough to live in Chelsea, that's the route you get to take to ride a bike into Boston. It actually doesn't seem as bad on a bike to me somehow.
Click to expand...

It is a great bike route, because there's so few cars on the road. The road is in such substandard condition, and in such an inaccessible area, that most motorist would probably assume it is not public, or would actively avoid it if forced to make the decision. Of course, if you're biking on it, the potholes are much easier to swerve around than if driving...
 
It could ruin your rims and wheels, though. I believe repeated use of it loosened my headset.

I've heard it's also well-known to taxi drivers who want to avoid the Tobin Bridge tolls.
 
Beacham St can actually get pretty jammed up when both bridges are up and the f'ing Alford St bridge (99) is STILL BEING REPAIRED.
 
Big news last night:

Facebook said:
Medford Patch
14 hrs ·
BREAKING: Medford, Wynn Casinos sign multi-million dollar agreement: http://bit.ly/1jwNyyo -- JW
Click to expand...

Medford Patch said:
Medford, Wynn Casinos Sign Multi-Million Dollar Agreement

The city and Wynn Casinos, which is proposing to build a casino in Everett, have entered into a Surrounding Communities Agreement, according to the mayor's office.

Posted by John Waller (Editor) , April 22, 2014 at 04:45 PM

The following release was sent out by Medford Mayor Michael McGlynn's office Tuesday afternoon regarding the city's new "Surrounding Communities Agreement" with Wynn Casinos. Related: Medford, Mohegan Sun Comes to Terms >>

Mayor Michael J. McGlynn today announced the agreement includes a yearly payment of $1 million to help mitigate Medford’s public safety concerns, creates a community fund, creates a cultural fund for Chevalier Auditorium, improves water safety on the Mystic River and funds aesthetic upgrades for businesses. In addition, the agreement recognizes that Wellington Station will become a transportation hub for employees, vendors and patrons of a casino for which Wynn will support without limitation, safety upgrades and improved lighting, signage and beautification efforts in Wellington and the surrounding area.

Wynn has also agreed to:
  • Pay up to $1.5 million for a 25% concept design for Wellington Circle.
  • Cooperate with efforts by Medford to seek funding from the Transportation Infrastructure and Development Fund for a permanent solution at Wellington Circle.
  • Provide $1 million to address improvements at 12 traffic intersections in accordance with MEPA.
  • Provide $50,000 towards the Krystle Campbell Peace Garden and an additional $200,000 following the acceptance by Wynn of a license.
  • Purchase $25,000 in gift certificates purchased from Medford businesses to be used in Wynn’s Loyalty Program.
  • Provide up to $10 million a year in a good faith effort to utilize local business and supplies.
  • Work to give preferential treatment to qualified Medford residents for contracting, subcontracting and servicing opportunities in the development and construction of the Project.
  • Advertise and hold at least one event for Medford residents and give preference to properly qualified residents.
  • Review and consider remediation plans for the removal of water chestnuts on the Mystic River as part of its environmental program.
These negotiations were lengthy, on point and enlightening. “I wish to thank the Mintz Levin Team, Attorney Kim Sinatra, Attorney Jacqui Krum and the Chief Operation Officer for the proposed casino, Robert DeSalvio, for a very productive, frank and open discussion of all of the issues. If the casino is awarded to Everett, we are positioned to work together to mitigate major concerns,” concluded McGlynn.

http://medford.patch.com/groups/pol...nn-casinos-sign-multimillion-dollar-agreement
Click to expand...
 
Mayor Michael J. McGlynn has been mayor since 1988.

26 years running the city of Medford and now all the locals are getting push out due to massive rent increases going on. I don't trust any person who has been in office this long. You need change in life for good or bad. This is absolutely insane to have a public official in office this long.

Nothing good.
I'm pretty sure his father was mayor before him.

The entire plan will not solve any traffic scenarios. Wynn Project does not make sense in this area.

Boston and the surrounding areas
The two major things our Politicans should be focusing on
Build more housing (support private development)
Upgrade Transit (Become a world class city with a world class transit for the taxpayers of Mass.) Help solve traffic congestion
 
What does Wynn get for all this money he's donating? Is he hoping it will sway regulators' opinions? I'm sure it's not from the kindness of his heart.
 
FenwayResident said:
What does Wynn get for all this money he's donating? Is he hoping it will sway regulators' opinions? I'm sure it's not from the kindness of his heart.
Click to expand...

Not to oversimplify things but simply put, if he does not make these agreements/concessions/payments, he has no chance of getting the license. This is all part of the process and no doubt his number crunchers have certainly factored in all of these payments into their license application budget. Looking at the numbers in the Medford deal below, it is really small dollars in the grand scheme of things for a company like Wynn.
 
It's a negotiating tactic to force Boston to the table for a similar agreement - that's the key to Wynning.
 
I would like to hear what Mass Highway thinks of this proposal and what affects it will have on this area?
 
Gaming Commission asks Legislature to craft bill giving refund to gaming cos. if voters kill casinos

Robert Rizzuto, The Republican If Massachusetts voters in November overturn the expanded gambling law, casino contenders MGM and Wynn will want their $85 million licensing fee back, a position that has garnered support from the state Gaming Commission.

In a recent request, MGM Resorts International, which hopes for a license to build a casino in the South End of Springfield, and Wynn Resorts, which wants to build a casino in Everett, said they want the licensing fee returned if a statewide vote makes construction impossible. They also want to be repaid for

Slot machine fee of $600 per unit
Gaming assessment fee to cover operating costs
Public Health Trust Fund fee, which is a minimum of $5 million annually
Project construction and costs, schedule penalties, 10 percent investment deposit,
and site acquisition requirements
It’s unclear how many of these costs would be accrued by November.

Neither of the companies has paid the licensing fee. It is due when the license is granted. The Massachusetts Gaming Commission is expected to announce a decision on MGM’s application for a license on June 13 and the earliest a decision is expected on Wynn’s request is Aug. 29.

MGM has asked the commission to grant it a provisional license so it can start construction without paying the full amount of fees associated with the license. That request is pending.

The Massachusetts Gaming Commission in a recent memo to the state Legislature recommended members take action to ensure that should appeal of the state’s 2011 Expanded Gaming Act allowing casinos come to fruition, the $85 million licensing fee to be paid by applying companies be repaid.

On the other costs such as slot machine fees, the commission said no legislative action was needed.

When asked for a response, MGM officials pointed to a previously released statement which included, “We do not expect any particular legislative item will keep us from building MGM Springfield.”

Whether the matter comes before the voters is still in question.

A group called Repeal the Casino Deal gathered enough signatures to get a question on the November ballot asking voters to repeal the casino gambling law.

Attorney General Martha Coakley refused to certify the question, arguing that it would constitute an illegal taking of private property and impair implied contracts between the Massachusetts Gaming Commission and license applicants.

Anti-casino activists appealed to the court, arguing that the state Legislature cannot contract away voters’ power to regulate gambling.

The Supreme Judcial Court heard arguments on the matter in May, and is expected to issue a decision before July 9.

The commission announced this week that on June 10 and June 11, it will return to Springfield for the final community review of the casino proposal. On June 12, it will return to Boston to hold a regular meeting.

On June 13, the commission will return to Springfield with a morning announcement expected relating to whether MGM gets the sole Western Massachusetts license.

In Region A, the greater Boston area, the commission anticipates deciding whether Wynn Resorts' Everett project or Mohegan Sun's Revere proposal will get the sole license by Aug. 29 at the earliest or Sept. 12 at the latest.

In the southeastern part of the state, Region C, the commission expects to wrap up the application process by late September with an eventual license being issued in early 2015.
Click to expand...

http://www.bizjournals.com/boston/b...-asks-legislature-to-craft-bill.html?page=all
 
I can't believe that there is a possibility that we might overturn gambling. Is this the first time in history that something has been legalized, and while it's under construction, been made illegal? Christ
 
bolehboleh said:
I can't believe that there is a possibility that we might overturn gambling. Is this the first time in history that something has been legalized, and while it's under construction, been made illegal? Christ
Click to expand...

Why not? We outlawed dog racing by popular fiat when there were two long-standing facilities operating in the state and that had been legal for decades.

Initiative petition is still a practice that confounds me.
 
bolehboleh said:
Is this the first time in history that something has been legalized, and while it's under construction, been made illegal? Christ
Click to expand...

Ummm .... bars and restaurants were in existence when the 18th amendment passed.
Let's take a more common example - you buy a property with an FAR of 5 and the right to build commercial office space. After you've bought it gets rezoned to an FAR of 2 in a residential district. And depending on your municipality that may have been done by non-elected officials without a popular vote. It sucks, but it happens all the time.

Lawyers of ArchBoston: do property owners have any recourse when their property is materially down-zoned?
 
Well, I guess you could say that trying to build a casino in Massachusetts is turning out to be a losing bet.

jN1mrbv.gif


(No refund for any of those guys, we should take the money spent on the licenses and just pocket it.)
 
You must log in or register to reply here.

Back
Top