Gov. Baker announces Massworks grant for Gate Residential’s new development in Revere

Governor Charlie Baker announced a $3.6 million MassWorks Infrastructure Program grant to build Gate Residential’s most recent development, 205 Revere Beach Parkway. The new development is located less than one-quarter mile from the Beachmont T stop on the Blue Line, and will consist of transforming an old Shaw’s supermarket site into luxury apartments and an extended stay hotel.

“Much of the economic growth that we’ve seen in the Commonwealth has historically skipped the city of Revere and everyone here knows that’s about to change,” said Revere Mayor Brian Arrigo.

Itemlive.com

November 17, 2016

Gate Residential/Item Live