The Kraft Group has reached agreements with Boston and Everett tied to a proposed 25,000-seat New England Revolution stadium on the former Mystic Generating Station site along the Mystic River in Everett.
For Charlestown, the most important point is this: the Boston agreement commits to substantial infrastructure improvements in Sullivan Square before the stadium opens, plus ongoing transportation management requirements.
What we have today is a clear set of financial terms and operational commitments. What we do not have yet is the final, engineered list of intersection-by-intersection designs and construction phasing.
Key facts
|
Category |
Boston (Charlestown-side impacts) |
Everett (Host-city impacts) |
|---|---|---|
|
Agreement type |
Community benefits agreement tied to cross-river impacts |
Host-community agreement tied to the stadium district |
|
Headline value |
Nearly $48M over 15 years (direct payments + ticket-based revenue) |
Estimated $91.7M in community value over 20 years, plus estimated $100M for environmental cleanup and mitigation (subject to approvals) |
|
Ticket-based revenue |
Starts at $1 per Revolution ticket and 1.5% of concert ticket revenue, described as long-term |
$2.25 per ticket sold paid to the City (host-community revenue tied to attendance) |
|
Primary impact area |
Charlestown, with Sullivan Square as the key pinch point |
Everett waterfront and the former power plant site |
|
Named infrastructure focus |
Sullivan Square improvements required before opening; recurring traffic planning and monitoring |
$17.5M transit connectivity provision tied to Orange Line access at Assembly, with a fallback mechanism if related work does not commence in a defined window |
|
What is still TBD |
Final engineered scope for Sullivan Square intersections, phasing, and enforcement |
Final transportation plan, MEPA detail, demolition sequencing, district design specifics |
Parking plan: current stadium plans call for 75 on-site parking spaces
Stadium site: dormant power plant location, tied to remediation and demolition
Why Charlestown is central to an Everett project
Charlestown sits directly across the Mystic River from the proposed stadium site. The nearest major transit hub is Sullivan Square, and multiple sources identify it as the primary pinch point for event-day impacts.
That is why the agreement is not just about payments. It is also about the transportation and management rules that will govern how people actually move through Charlestown.
What Boston’s agreement commits to
1) Payments and structure to the City of Boston
Boston’s community benefits package totals nearly $48 million over 15 years.
Reporting and official statements indicate:
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An immediate $1.5 million community impact payment once a permit is issued
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$300,000 annually for five years, plus 15 annual payments of $333,000 for ongoing infrastructure transformation
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A major portion of the package is tied to ticket-related revenue, starting at $1 per Revolution ticket and 1.5% of concert tickets
2) Sullivan Square and Charlestown commitments
Boston states that the Kraft Group will make substantial infrastructure improvements in Sullivan Square prior to the stadium’s opening.
The agreement also includes:
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An annual Traffic and Parking Management Plan to be approved by Boston
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A construction management plan coordinated with Boston to reduce impacts on Charlestown during construction
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Annual monitoring of traffic impacts
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Funding of public safety and transportation management costs for stadium events
3) Transit and mobility elements named so far
Boston’s announcement lists a ferry service dock and event-day Bluebikes valet service as part of the transportation approach.
GBH also reports that Kraft committed to help fund a new entrance to the MBTA Assembly Station to connect the Orange Line to a planned Mystic River pedestrian bridge to Everett.
What Everett’s agreement and the site plan imply
The Kraft Group and reporting describe the project as redevelopment of a long-neglected industrial waterfront site, including remediation and demolition of the dormant power plant.
GBH’s environmental coverage emphasizes that demolition, cleanup, and environmental review will be central as the project advances through the state process.
Infrastructure specifics: what is known today vs what is still TBD
Confirmed categories and deliverables
These are the commitments that have been publicly described with enough specificity to track:
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Sullivan Square infrastructure improvements required before opening
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At least $5 million in safety and access improvements to roadways, sidewalks, bike paths, intersections, and transit facilities
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Annual traffic and parking planning plus traffic monitoring
-
Ferry dock, Bluebikes valet service
What is not public yet
What has not been released as a definitive public list is the engineered “project sheet” level scope, such as:
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Which exact intersections in Sullivan Square are being reconstructed vs retimed
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Bus priority treatments, curb changes, pedestrian routing
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Enforcement and event-day routing by attendance level
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Construction staging, detours, and timeline sequencing
That detail typically emerges through environmental review filings, traffic modeling, and permitting submissions, which GBH notes have not yet been filed as of early January 2026.
The Encore Casino comparison: what actually got done near Sullivan Square
When people reference Encore Boston Harbor as the precedent, it helps to separate “funding commitments” from the physical work completed.
What was funded in the Wynn agreement
Boston’s agreement with Wynn included:
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$25 million over 10 years for Sullivan Square infrastructure improvements
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$11 million for traffic mitigation in Charlestown
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A transportation monitoring program and additional mitigation if deficiencies were revealed
Visible work completed in the area
Boston also completed major resurfacing and related roadway work in and around Sullivan Square, including paving Alford Street, Cambridge Street, Main Street, Mishawum Street, Rutherford Avenue, and West Street, followed by striping and pedestrian ramp improvements.
Why Sullivan Square still comes up
Even with prior investment and projects in motion, the long-term fix is broader than quick mitigation. Boston’s Rutherford Avenue and Sullivan Square design project is still a multi-year effort with an expected completion year listed as 2032, and its published goals include safer crossings, bus lanes, and limiting cut-through traffic.
Real estate implications: Charlestown and Everett
Charlestown
Charlestown’s exposure is operational: event-day circulation, transit loading, and spillover effects near Sullivan Square. The upside depends on whether “substantial improvements” translate into measurable daily benefits, not just game-day management.
Everett
Everett’s long-term value case is district-level: remediation of a blighted industrial parcel and creation of publicly accessible waterfront elements. The risk side is typical for major projects: construction disruption, traffic impacts, and whether environmental and access commitments are executed as planned.
Buyer takeaways
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If you are buying near Sullivan Square, follow the next phase filings and look for a clear, engineered scope and enforcement plan. Commitments exist. The blueprint is still developing.
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If you are buying in Everett, track remediation and public waterfront access. That is what can turn a stadium site into a year-round place, not just an event destination.
Seller takeaways
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For Charlestown sellers, be precise in how you describe this. The agreement names Sullivan Square improvements before opening, but detailed designs are still pending.
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For Everett sellers, acknowledge construction and traffic concerns while clearly explaining the remediation and waterfront access thesis.
FAQ
Is the stadium approved and ready to build now?
No. The agreements are a milestone, but the project still needs environmental review and permitting before construction can proceed.
What exactly is committed for Sullivan Square today?
Public sources confirm Sullivan Square improvements before opening, plus traffic and parking planning, monitoring, and event management funding. The engineered project list is not public yet.
How is Boston paid?
Boston receives direct payments and long-term ticket-related revenue, starting at $1 per Revolution ticket and 1.5% of concert tickets.
Why do people compare this to Encore?
Encore is the local precedent for a major Everett waterfront project with a Boston mitigation agreement that included Sullivan Square funding and traffic monitoring requirements.
