Waterfront Square master plan rendering
Revere, MA – Eurovest Development Inc. (Eurovest) led a discussion recently regarding the ongoing progress of its Waterfront Square project in Revere.The $500 million, 1.3 million sf, mixed-use development is located along Ocean Avenue .
The presentation was part of the planned program at the “2014 Revere Economic Development Summit” featuring elected officials, regional policy experts, business leaders, and real estate development teams. The summit was convened to present an overview of Revere’s ongoing development strategy, recent successes, and future plans for the city.
The Waterfront Square development team was represented by Joe DiGangi, founder and managing director of Eurovest; George Tremblay, principal at Arrowstreet Architecture & Design; Walter Upton, partner and CEO at Upton + Partners; and Lou Minicucci of Covington Realty Partners.
“Waterfront Square is part of an ongoing master plan to revitalize and transform the Revere Beach area into the premier live, work, and play center along the coastal corridor of Massachusetts,” commented DiGangi.
The Waterfront Square project will feature more than 900 luxury residences, a 200-key hotel, five acres of public plazas/open space, immediate access to beachside walking, jogging, and biking paths via the Markey Footbridge, and multiple office, hotel, retail, and restaurant accommodations.
The Vanguard at Waterfront Square, a 294-unit, luxury residential community, is currently under construction with move-ins slated for spring 2015. An additional 230-unit, luxury residential development, 650 Ocean Avenue at Waterfront Square, will begin construction in spring 2015.
