12/31/2025 | News release | Distributed by Public on 12/31/2025 13:31
Agreement includes nearly $48 million in payments to the City over the next 15 years
Mayor Michelle Wu today announced that the City of Boston and the Kraft Group have agreed on financial and operational terms of a community benefits package totaling nearly $48 million over the next 15 years and additional commitments around project design review, local hiring, and regional transportation coordination. In addition to annual payments, the Kraft Group will make substantial infrastructure improvements in Sullivan Square in Charlestown prior to the stadium's opening and fund all public safety and transportation management costs for stadium events. This agreement comes after months of negotiations throughout 2025, in which Mayor Wu pursued a project mitigation package that would appropriately address the stadium's impacts on Boston. This final agreement - $13 million in direct payments and a new, permanent per-ticket revenue source for the City, which is expected to total $34 million in the first 15 years - follows the Kraft Group's initial offer of $750,000 in a one time payment for mitigation funds for the City. The deal was reached pursuant to provisions of the Mass Leads Act, the state's 2024 economic development bill, which required the Kraft Group to secure a community benefits agreement with Boston and Everett in order for the stadium project to move forward.
"The City fought for a fair deal for Boston and our residents, and that is what we have achieved through this agreement," saidMayor Michelle Wu. "After months of negotiations, we have secured commitments addressing the needs of Charlestown residents and feedback from community partners. This stadium will enhance Boston's position as the sports and entertainment capital of New England while transforming a blighted site on our doorstep. I'm grateful to all our neighborhood leaders and community advocates who helped us reach this important step, and the legislative leaders who ensured Boston would be at the table. We will continue to engage with the project as it advances to the next stage of review."
To support the Charlestown neighborhood, which will be most impacted by the stadium, the Kraft Group will make an initial payment of $3 million over six years which will be directed to the Charlestown Community Impact Fund. The Fund was created in 2016 to distribute annual community mitigation funds from the Encore casino and annually supports a range of Charlestown organizations. The City also announced that of future annual ticket revenues, anticipated to be $2 million per year, at least half will be directed to Charlestown-specific municipal projects.
The City and the Kraft Group also agreed to a set of terms to ensure the stadium will be a good neighbor to Boston. These include a commitment to establish an annual Traffic and Parking Management Plan to be approved by the City of Boston; a construction management plan executed with the City of Boston to reduce impacts on Charlestown during stadium construction; annual monitoring of traffic impacts; the creation of a ferry service dock at the stadium for water transportation; the construction of the stadium at 2070 flood resilience standards; prioritization of stadium design features in compliance with zero net carbon operational goals; noise and light pollution mitigation requirements; prioritized hiring for Boston residents for stadium jobs; a commitment to solicit 25% of both construction and ongoing contracts from local minority, woman owned, and/or veteran owned companies; and an agreement for the Kraft Group to participate in regional working groups to address regional transportation concerns.
"I want to thank Mayor Wu and her team for their tireless efforts in getting the best possible deal for Charlestown on this transformative project," said State Representative Dan Ryan. "There is still a long way to go in this process but the community agreement between the City of Boston and the New England Revolution is a good first step in ensuring that the infrastructure needs of this part of the region are addressed and that Charlestown benefits from this transformation."
"The language we passed into law to move this project forward made clear that the communities most affected by this project should have a voice in how is development moves forward, and I want to thank Mayor Wu for all her work to ensure that Charlestown's needs have been addressed in this agreement," said State Senator Sal DiDomenico. "I am happy to see the Revolution soccer stadium reach this critical step to making this transformational project a reality. This agreement between Boston and the Kraft Group is another piece of the process that will result in an economic and environmental win for our communities."
"Charlestown has been clear that a project of this scale must come with real mitigation," said City Councilor Gabriela Coletta Zapata. "After months of negotiations, the City secured nearly $50 million in payments over 15 years, up from an initial $750,000 proposal, along with funding for public safety, traffic management, and major infrastructure improvements in Sullivan Square and surrounding corridors. These investments will deliver necessary improvements for Charlestown residents before the stadium opens and make clear that major developments in Boston must deliver meaningful benefits to the neighborhoods they impact. Thank you to Mayor Wu, our state delegation, and residents who advocated for what our one-square-mile deserves."
"The strength of our cities are the people we serve and how they continue to work and live while our communities expand with economic development," said Revere Mayor Patrick Keefe. "We are grateful to Mayor Wu and her team for recognizing the regional mayor's coalition and leading this effort to make sure all can benefit from increased access to public transportation and regional multi-modal transit improvements - it's a good deal for business and much needed investment for our residents."
The agreement incorporates financial guarantees, transportation and public safety requirements, design and climate resilience standards, and community benefits before and during construction as well as while the stadium is operational:
Underscoring the importance of Charlestown residents' feedback, the City of Boston engaged with community members to understand their concerns. From December 2024 through February 2025 the City received input from Charlestown neighborhood leaders and stakeholders representing climate and transportation advocacy groups in preparation for negotiations. Additionally, on March 11, 2025, Mayor Wu, along with City officials from the Boston Transportation Department, the Planning Department, and Office of Neighborhood Services, attended a community meeting on the proposed stadium hosted by the Charlestown Neighborhood Council to hear directly what the group hoped to see the City negotiate for on behalf of the neighborhood.
Since August, the City and New England Revolution negotiating teams have had the support of former MassPort CEO Tom Glynn and Rebecca Kaiser, who served as the designated mediators.
"I want to thank the dedicated negotiating teams from the City, the New England Revolution, and our mediators, Tom Glynn and Rebecca Kaiser, who all worked through the holidays to achieve a fair deal for the people of Boston," saidMayor Wu.