Despite uncertainty in New England’s construction market, one project start in 2022 comes with the promise of much more work in decades to come. The $9.6-billion Suffolk Downs redevelopment in East Boston and Revere, Mass., began work last May on its $1.02-billion first phase.
The HYM Investment Group project is set to develop the former racetrack into a 16.2-million-sq-ft urban mixed-use district with spaces for retail, R&D, offices and public use over the next 15 to 20 years.
