Business & Tech

Wonderland sale ‘imminent,’ says Revere mayor

With a deal in place to sell Suffolk Downs, is it, next up, Wonderland?

A sale of the crumbling dog track is “imminent,” Revere Mayor Brian Arrigo said in a post on his website Wednesday. No details were available. City officials did not return calls this week and the track’s owners declined comment. But talk of a sale of the 38-acre site, possibly to a large housing developer, have swirled in recent weeks, and Arrigo’s claim is the clearest sign yet that a sale is at hand.

Advertisement

It would be a win for Arrigo, who has pushed the track’s longtime owners — mainly the same group of New York and Boston-based investors who own nearby Suffolk Downs — to clean up the site and demolish its crumbling buildings. He has called the track, which sits at the northern end of the Blue Line and is just steps from Revere Beach, a key ingredient in the city’s economic revival.

Along with the larger Suffolk Downs site, which straddles Revere and East Boston several miles away, Wonderland will be part of a broader master plan process in Revere in the coming months, Arrigo wrote. He said the two projects, along with smaller new developments around Revere Beach, can help push the city’s economy away from its long reliance on gambling and tourism.

“Revere Beach should be a thriving hub of economic activity 365 days a year, providing jobs and amenities for Revere residents, and enhancing the city’s reputation throughout the region,” Arrigo wrote. “This is a transformative chapter in our history.”

Tim Logan can be reached at tim.logan@globe.com. Follow him on Twitter at @bytimlogan.
Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com