Boston’s Suffolk Downs Redevelopment Enters Mid-Rise Residential Construction Phase
Image courtesy of City of Revere
By KERRY SMITH BUCK
BOSTON, Mass. – The biggest construction project in the Boston area by both footprint and scale is the Suffolk Downs Redevelopment, an $8 billion, 161-acre transformation of the former horse-racing track spanning East Boston and Revere.
Active construction is underway on the multi-decade buildout, on several of its mid-rise residential buildings, such as the 473-unit Portico and Beachmont Square developments.
The general contractor for the massive Suffolk Downs redevelopment project is Suffolk Construction. It is leading the ground-up construction for the entire mixed-use project, which is being developed by HYM Investment Group.
Municipal partners shaping the regulatory and infrastructure landscape include the City of Revere, which approved essential 15-year tax incentive agreements to jumpstart the initial phases.
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