Wynn Resorts completes acquisition of Everett casino site

The Boston Globe reports today that Wynn Resorts, Limited has finalized its $35 million acquisition of 33 acres of waterfront land on the Mystic River in Everett, where the company plans to build a $1.75 billion casino resort.

According to the Globe report, the closing on the former Monsanto chemical site puts Wynn in full ownership and control of the property, and clears the way for an extensive cleanup of pollution on the parcel.

The Gobe quotes Robert DeSalvio, president of Wynn Everett, who stated that "the acquisition of the property keeps us on schedule and moving closer to construction. Today, we hit the 'go' button and we're not stopping until a spectacular Wynn Resort with a new waterfront public park for all to access and enjoy is completed."