The revised proposal is likely to be presented to the MGC by Encore representatives, as well as those from its parent company, Wynn Resorts, next Thursday.<\/p>\n
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Earlier plans included some 20,000 square feet of restaurants, as well as a 2,200-space garage. In January, company officials said they were reevaluating whether the development proposal was the best use for the site across from the casino.<\/p>\n<\/div>\n
The original entertainment development was expected to launch this year and be completed in 2024, the Boston Globe<\/em> reported.<\/p>\nJoe Delaney, the MGC\u2019s community affairs chief, told State House News Service <\/em>Wednesday that Jacqui Krum, Encore Boston Harbor\u2019s SVP and general counsel, relayed to him the company was now \u201cready to go.\u201d<\/p>\nTheater May Have Fewer Seats<\/h2>\n \u201cShe had indicated to me that they had reduced the size of the theater, the entertainment venue, to under 1,000 seats — whether that\u2019s 900, 950, 999, I don\u2019t know,\u201d Delaney told the news agency.<\/p>\n
The Rev. Richard McGowan, a finance professor at Boston College who closely follows New England gambling trends, told Casino.org,<\/em> \u201cIt would appear that the Wynn Corp has turned its financial gaze in a different direction.<\/p>\n\u201cIt appears that Macau and Dubai have become the focus of Wynn’s expansion. While Encore Boston Harbor has done well lately, the dream of making that site a full-scale entertainment [district] has passed,\u201d McGowan added.<\/p>\n
Legal Issue<\/h2>\n The MGC also has to determine whether the planned development is part of Encore\u2019s \u201cgaming establishment\u201d footprint, State House News Service<\/em> reported. If it is under the footprint, it would fall under MGC\u2019s oversight and Massachusetts\u2019 gaming law. A decision by the commissioners may be made in March.\u201c<\/p>\nWe are pleased with the progress we\u2019re making on designing a development plan that will act as a springboard to create a Lower Broadway Entertainment District,” an Encore spokeswoman told Casino.org <\/em>last month. “We continue to evolve that plan and will present it to the Massachusetts Gaming Commission at the appropriate time.\u201d<\/p><\/blockquote>\nThere was no immediate comment from Encore Thursday on the latest news about the development plan. Also, plans for the Broadway development remain at the Everett Planning Department<\/a>. But public hearings will not move forward until a revised proposal is ready, Delaney said last month.<\/p>\n","protected":false},"excerpt":{"rendered":"Encore Boston Harbor apparently is looking to scale down a planned economic development across from the Everett, Mass. gaming venue, according to a Massachusetts Gaming Commission (MGC) official. It appears a proposed entertainment building will have fewer than 1,000 seats, as opposed to the earlier 1,800 seats. The revised proposal is likely to be presented […]<\/p>\n","protected":false},"author":44,"featured_media":200351,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\n
Encore Boston Harbor Development Plan Could Propose Smaller Venues<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n