Wynn Resorts is determined to proceed with its demolition plan despite number of legal and regulatory hurdles on its $1.7-billion project casino resort in Everett, Massachusetts.
Wynn Resorts purchased the Charlton Place Small Business Centerin February, as it blocks a planned road to the main site of the casino property, and gave a total of 27 small companies until the end of June to move out.
A spokesman said that Wynn hasn’t collected any rent from Charlton Place tenants since buying the building and only four remaining have not found new locations.
The casino operator is also negotiating with PlanetTran , a limousine company in the building and the only tenant with a formal lease, to buy out the lease and hopes to demolish the building by the end of the summer.