Encore Boston Harbor Update 08/19/16

Wynn Resorts acquires future casino service road from McDonald's for $1 million


Last Thursday (August 11th, 2016), Wynn Resorts acquired a 0.44-acre section of the 1.1-acre McDonald's restaurant property located at 128 Broadway next to the future Wynn Boston Harbor casino site for $1 million as recorded in the Middlesex County Registry of Deeds. Wynn Resorts will construct a service road for the future casino across the section acquired. The existing single-story, 3,180 square foot McDonald's building will be demolished; McDonald's will build a new location on the 0.65-acre property section retained. Wynn Resorts also granted an easement to McDonalds last Thursday over and across the future service road to allow access and egress. The terms of the deed for Wynn Resorts' acquisition include a prohibition from establishing an eating establishment on the property for 20 years. Wynn Resorts acquired Parcel 1 and Lot 2 on the plan below; McDonald's retains ownership of the 0.65-acre Lot 3. The existing McDonald's building, located across Lot 2 and Lot 3, will be demolished.


128 Broadway site plan


The following is the deed for Wynn Resorts' acquisition of 0.44 acres at 128 Broadway:


   

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