Excitement was in the air at Suffolk Downs on July 26th when The HYM Investment Group along with John Moriarty and Associates, the Greater Boston Building Trades Union, the North Atlantic States Regional Council of Carpenters, and the City of Revere welcomed local job seekers to a union information session at the Suffolk Downs redevelopment site. The union job event was attended by over 300 Revere and East Boston women and men eager to learn about life-changing career opportunities in the union building trades and discuss job opportunities with representatives from subcontractors currently working on the redevelopment site.
Suffolk Downs subcontractors reported that they were able to hire individuals within 24 hours of the conclusion of the job information session. These individuals and many more will have access to high-paying, long-term career opportunities throughout the 15-to-20-year anticipated build-out of Suffolk Downs.
In January of 2020, HYM, JMA, the Greater Boston Building Trades Union, and the North Atlantic States Regional Council of Carpenters signed the largest ever private-sector Project Labor Agreement (PLA). This historic agreement ensures that the Suffolk Downs redevelopment will be union built and creates over 18,000 construction jobs. As part of the agreement, HYM announced $2M in investments that will go towards skill building initiatives to prepare local residents to join the future workforce at Suffolk Downs. The PLA also set forth several equity and inclusion measures to bring more women and people of color into the trades.
“What we have before us is really a transformational opportunity for the people who live in Revere to have economic opportunities, not only in great-paying construction jobs and union construction jobs, but also the ability for us to have long-term investments and jobs for folks that are going to be able to work here and live here and enjoy themselves forever,” said Revere Mayor Brian Arrigo who addressed the crowd at the event.
The redevelopment of Suffolk Downs will be the largest development in Boston’ history and ultimately transform the underutilized 161-acre parcel into a dynamic, mixed-use urban district. Suffolk Downs will deliver 16.2M square feet of development, including the largest single delivery of housing in Boston’s history and the first biomanufacturing and life science facility in the City of Revere. Directly connected to a rich history, and to the communities of Revere and East Boston that it adjoins, Suffolk Downs promises all who live, work, and visit the opportunity to feel optimism for the future.