Wynn Resorts has been issued a building permit for the nearly $2 billion waterfront resort that it plans to build on the Mystic River in Everett, Massachusetts.
There’s just one more hurdle for the Las Vegas company before it can free itself from the distractions that have combined to keep work from starting since Everett city officials agreed to accept the Wynn plan.
A hearing is scheduled for June 2 to determine if a complaint filed by the neighboring city of Somerville is sufficient to prevent the start of work on the Wynn project, which is the largest private development in the history of the state.
Somerville Mayor Joseph Curtatone argues that Wynn Resorts must do more to offset the environment impact of the resort, particularly the issue of increased traffic.
The Boston Globe reports that the issuance of the building permit triggered a $5 million payment from Wynn Resorts to Everett. It’s the first installment of $30 million commitment to the city from Wynn.
Wynn CEO Steve Wynn said executives from the construction company building the resort were recently in Las Vegas taking close-up looks at existing examples of the design and creative thinking that have gone into the design of Boston Harbor. The resort is expected to be complete 28 months after the start of construction which suggests a late 2018 opening.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: .