Encore Boston Harbor spent $68 million to remediate and restore a portion of the Mystic River. These figures are exclusive of secondary spending-the money spent in local communities by Encore Boston Harbor guests, employees and suppliers-which in itself is expected to generate hundreds of millions of dollars.Īs important as the economic impact is to the region, we are equally as proud of what our funding has been able to do from a sustainability standpoint. We also estimate that Encore Boston Harbor will pay approximately $200 million each year in tax revenues and fees. Further, we plan to purchase $100 million in goods and services annually.
We are employing nearly 5,000 people in a wide range of occupations, with a payroll topping $170 million per year. More than 5,200 union jobs and 10 million labor hours were required to build the spectacular $2.6 billion Encore Boston Harbor, making the 27-floor, three-million-square-foot resort the largest private, single-phase development in the history of the Commonwealth of Massachusetts.Īnd, the community impact only promises to grow. The opening of Encore Boston Harbor marked a significant transformation and economic resurgence of the Lower Broadway section of Everett and provided a boost to the region's already-strong international and domestic tourism markets.
