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Even with no casino, Revere focuses on new uses for old racetracks

Sunday GlobeNorth Story

By Kathy McCabe GLOBE STAFF NOVEMBER 30, 2014

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photo by: DAVID L. RYAN/GLOBE STAFF/FILE 2013
  

 

“We’re going to figure out the best solution for these properties,” Richard Fields, a principal owner of the city’s two closed racetracks, told members of a recent economic summit in Revere.

REVERE — The Massachusetts Gaming Commission might have awarded the Greater Boston casino license to Steve Wynn in Everett, but the developer who sought to bring a billion-dollar gambling resort to Revere remains optimistic.

“We’re not going to go anywhere,” said Richard Fields, a principal owner of the city’s two closed racetracks — Suffolk Downs and Wonderland Greyhound Park — during remarks at the city’s second Economic Development Summit. “We’re going to sit here, and we’re going to work with you. We’re going to figure out the best solution for these properties.
“I believe in this city. I believe in the future of Revere, and I think Revere is poised to do unbelievable, terrific things.”

The Nov. 21 summit drew top local and state officials — including House Speaker Robert A. DeLeo, the Winthrop Democrat who also represents Revere — along with dozens of private business owners and developers to the Showcase Cinemas on Route 1.

 

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