Encore Boston Harbor Update 07/06/16

Wynn Resorts acquires 1.5-acre LTI Limo headquarters, located across from Everett casino site, for $11.3 million


This past Thursday, June 30th, 2016, Wynn Resorts acquired the world headquarters facility of livery company LTI Worldwide Limousine (LTI), located in Everett across Route 99 from the future site of the Wynn Boston Harbor casino, for $11.3 million as recorded in the Middlesex South Registry of Deeds. The acquired LTI headquarters span two parcels totaling approximately 1.5 acres.


It has been previously reported that Wynn Resorts will acquire additional properties surrounding the casino site. Wynn Resorts expects to open the $2 billion Wynn Boston Harbor casino in May 2019 pending an official decision on an environmental appeal filed by the City of Somerville. The appeal decision is expected to be issued shortly, and the casino could break ground this month.


LTI's headquarters are located across two parcels, 16/24 Mystic Street and 35 Bow Street. The following is a locus map of the parcels:


LTI-Parcels-Locus-Map

Locus map (Source: Everett GIS)


The following are the deeds for Wynn Resorts' acquisition of the parcels:


16/24 Mystic Street (Note: Everett Broadway, LLC is managed by Wynn Resorts)


35 Bow Street (Note: East Broadway, LLC is managed by Wynn Resorts)

View Encore Boston Harbor >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News