Wynn Resorts says it is close to an agreement to clean the contaminated Everett site it is targeting for a casino and 500-room luxury hotel — on land a recent study concluded is too contaminated for residential use.
An Aug. 27 action plan authored by GEI Consultants and obtained by the Herald anticipates a future "Activity and Use Limitation" document — a deed attachment that spells out restrictions to avoid disrupting contaminants — would bar single-family residential use and "multi-unit residential use, institutional use, park, playground or other outdoor recreational uses with unrestricted access to soil."
"Under the (plan) that we're envisioning, there wouldn't be any problem with a hotel or with multi-unit residential," said Chris Gordon, development manager for Wynn. "We're not proposing multi-unit residential, but there wouldn't be any problem if we did. We're very comfortable it's going to be fine for the development we're going to do."
Gordon said the $20 million to $30 million cleanup plan involves excavating and trucking away arsenic-infested fill from three "hot spots" on the former Monsanto chemical plant site, burying and trapping other contaminated soil with a concrete-like material, and removing contaminated sediment where an underground garage is planned.
Gordon said contaminants would be capped and covered in such a way that hotel and casino guests would have no contact with them, and certain areas of the site would be off-limits or highly restricted for maintenance and utility workers.
Wynn and FBT Everett Realty have to agree on use limits as part of the deal for Wynn to buy the property for $35 million. The deal has Wynn putting $10 million into escrow for cleanup — FBT shaved that amount off of its asking price — and an additional $10 million to $20 million cleanup commitment from Wynn. Gordon said the wide range is to account for the discovery of more contaminated underground material than anticipated.
The cleanup plan is part of what the state Gaming Commission will weigh when it decides in May if Wynn will be licensed to open the only Boston- area casino. Mohegan Sun, if it can win a referendum in Revere next month, will also compete for the license.
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