The Charles River Speedway Rehab

Brighton,
MA
(2019)

The Charles River Speedway Rehab

Mixed-use, Retail

The redevelopment of the old racetrack at Western Avenue and Soldiers Field Road.

Investment

NMTC Amount: $7,350,000
Total Project Cost: $13,370,000

IMPACT

35 FTE jobs
67 construction jobs
25,000 sq. ft. of real estate

CDEs

Consortium America

Investor

Chase

Project Description

The redevelopment of the old racetrack at Western Avenue and Soldiers Field Road will include a Notch Brewery outpost. The most prominent feature of the multifaceted project—dubbed the Speedway—will be an outpost of the Salem-based Notch Brewery, including a taproom. Altogether, the Speedway is expected to have 17,000 sq. ft. for smaller retailers, artisans, food vendors, and one full-service restaurant.

The sq. ft. is also expected to host event and community space. All of this is due to center around an 8,000 sq. ft. courtyard with seating

MAP

Address: 525 Western Avenue, Brighton, MA 2135

Census Tract: 25025000100

Other Massachusetts Projects

Educare Springfield

Springfield,
MA
(2018)

Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): MassDevelopment

NMTC financing for the first Educare school in Massachusetts, serving 141 Head Start-eligible young children and their families with a full-day, year-round early education program.