MBC Breakfast Program – Transforming Suffolk Downs

 

 

 

Thursday, Jan. 11, 2018, Aloft Boston Seaport, 401-403 D Street,Boston, 7:30-9:45am
7:30am: Registration/Networking/Breakfast 8:30am: Program

The HYM Investment Group, LLC recently completed the purchase of Suffolk Downs, a site located adjacent to two stops on the MBTA’s Blue Line.

HYM’s vision for the underutilized horse racing facility, which will close after the summer of 2018, is to transform the land into a highly-resilient, transit-oriented, mixed-use development with commercial office, retail, housing, and open space.

This 161-acre site has been separated from the community for decades and will be reconnected to the adjacent neighborhoods. The powerful new economic hub will include hotels, street-front retail, restaurants and will generate new jobs, new local tax revenues and create a destination that is significant for the futures of both East Boston and Revere.

Plans for Suffolk Downs will rely on forward-thinking principles to effectively manage for climate change and sea-level rise. Consisting of several phases, the development will build street-level retail and housing first.

The site is located in both the cities of East Boston and Revere and is next to the Suffolk Downs and the Beachmont MBTA Blue Line stations, two stops from Logan Airport and 10 minutes from downtown Boston.

 

http://buildingcongress.org/events/details/suffolk-downs-red