The Kraft Group Reaches Agreement With Everett and Boston for Potential Soccer-Specific Stadium in Everett
The Revs could finally have a home of their own
The New England Revolution moved a step closer to having a soccer-specific stadium of their own.
The club reached an agreement with Everett and Boston to bring a stadium to Everett. Per The Boston Globe’s Jon Chesto, the Boston agreement is valued at nearly $48 million, spread over 15 years, with most of the money going to infrastructure improvements and other projects in Charlestown.
Chesto also reported that the Everett deal features $20 million to build a four-acre waterfront park along the Mystic River, and more each year to maintain it, it also features $17.5 million for a new headhouse at the Orange Line’s Assembly station in Somerville for access to a pedestrian bridge slated to be built across the Mystic River to Everett. The deal also calls for a $2.25-per-ticket fee per Chesto.
The Kraft Group released a statement announcing the agreements.
“The Kraft Group has reached agreements with the cities of Everett and Boston, marking an important milestone in our effort to transform a long‑neglected industrial site along the Mystic River into a vibrant, publicly accessible waterfront destination and the future home of the New England Revolution. These agreements reflect years of collaboration with city leaders and community stakeholders to ensure the project delivers meaningful, lasting benefits for residents while addressing transportation, environmental, and municipal impacts. We are especially grateful for Mayor Carlo DeMaria’s leadership and vision. At its core, this is an investment in Everett and its future. In addition, it provides improved access and an enhanced neighborhood experience by removing a physical and visual barrier for the residents of Charlestown and we appreciate Mayor Michelle Wu and her team’s partnership.
Under the agreements, we will undertake significant environmental remediation and demolition of the long‑vacant powerplant, invest in extensive traffic and transportation improvements, and deliver substantial community benefits, including millions of dollars towards infrastructure improvements. The project will open the waterfront with the creation of a new public park, strengthen pedestrian and bicycle connectivity, and enhance access to public transit. We will also support Everett Public Schools, expand local employment opportunities, and make the stadium and waterfront park available for community and school events. Our shared commitment to Everett and Boston residents includes prioritizing local hiring, youth soccer clinics, and community programming. This project is intended to be a true neighborhood asset.
These agreements demonstrate the power of public‑private partnership to deliver transformational outcomes. We look forward to continued collaboration with Everett, Boston, and the community as the project advances through local and state review and as we take the many next steps necessary to bring this vision to life.”