The Kraft Group has made significant progress by finalizing agreements with Everett and Boston. This is a big step towards transforming an underused industrial area along the Mystic River into an exciting, open waterfront that will also be home to the New England Revolution soccer team.
Over the years, city leaders and community members have worked together to ensure this project benefits everyone. Thanks to Mayor Carlo DeMaria’s vision and efforts, this development promises to bring lasting positive changes to Everett. It also aims to improve access for Charlestown residents, with support from Mayor Michelle Wu’s team.
As part of the agreements, the Kraft Group will clean up the site, demolish the old power plant, and invest in traffic and transportation upgrades. Millions will go toward improving local infrastructure. This effort will create a new public park, better paths for walking and biking, and improved public transport access. Additionally, the project will support local schools, create jobs, and make the stadium and park available for community events, including youth soccer clinics.
Public-private partnerships like this show how collaboration can lead to significant improvements in neighborhoods. Such initiatives are becoming increasingly vital as cities aim to revitalize neglected areas. Recent surveys indicate that nearly 70% of residents support development projects that enhance community spaces and provide more recreational options, highlighting the public’s desire for engagement and improvement in their environments.
If you’re keen on the latest data on urban development projects and the role of community in such transformations, consider checking out resources from groups like the Urban Land Institute. They regularly share insights on how revitalization efforts can reshape neighborhoods for the better.
The Kraft Group looks forward to working with Everett, Boston, and local communities as the project progresses through further reviews and development steps. Together, they aim to turn this vision into a vibrant reality.
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