On Wednesday afternoon, the New England Revolution announced their ownership, The Kraft Group, had reached agreements with both the city of Everett and the city of Boston on future plans for a new soccer-specific stadium just outside the city.
Here’s what the Revolution had to say in a statement:
“The Kraft Group has reached agreements with the cities of Everett and Boston, marking an important milestone in our effort to transform a long‑neglected industrial site along the Mystic River into a vibrant, publicly accessible waterfront destination and the future home of the New England Revolution. These agreements reflect years of collaboration with city leaders and community stakeholders to ensure the project delivers meaningful, lasting benefits for residents while addressing transportation, environmental, and municipal impacts. We are especially grateful for Mayor Carlo DeMaria’s leadership and vision. At its core, this is an investment in Everett and its future. In addition, it provides improved access and an enhanced neighborhood experience by removing a physical and visual barrier for the residents of Charlestown and we appreciate Mayor Michelle Wu and her team’s partnership.
“Under the agreements, we will undertake significant environmental remediation and demolition of the long‑vacant powerplant, invest in extensive traffic and transportation improvements, and deliver substantial community benefits, including millions of dollars towards infrastructure improvements. The project will open the waterfront with the creation of a new public park, strengthen pedestrian and bicycle connectivity, and enhance access to public transit. We will also support Everett Public Schools, expand local employment opportunities, and make the stadium and waterfront park available for community and school events. Our shared commitment to Everett and Boston residents includes prioritizing local hiring, youth soccer clinics, and community programming. This project is intended to be a true neighborhood asset.
“These agreements demonstrate the power of public‑private partnership to deliver transformational outcomes. We look forward to continued collaboration with Everett, Boston, and the community as the project advances through local and state review and as we take the many next steps necessary to bring this vision to life.”
Agreements in-place are to transform the industrial site along the Mystic River by building a 25,000-seat stadium. Its proposed final location is slated for the same spot of a dormant power plant, in close proximity to the Encore Boston Harbor casino.
Wu said in a statement that the final agreement includes $13 million in direct payments, along with a new, permanent per-ticket revenue source for Boston. She expects that to total $34 million in the first 15 years.
Back in 1995, Patriots chairman and CEO Robert Kraft became the founding investor/operator of the Revolution, joining Major League Soccer (MLS) as one of its 10 charter clubs for its inaugural season in 1996.
Since then, the team has called both Foxboro Stadium and Gillette Stadium home, and are one of only four teams in the MLS that still share their stadium with an NFL franchise, along with Atlanta United, the Seattle Sounders and Chicago Fire FC.
According to multiple media outlets, the Revolution's average attendance has fluctuated in the last two seasons. In 2024, the team ranked fourth in the MLS, hitting a club-record 29,262. That number dropped slightly in 2025 to around 24,477, placing them somewhere between seventh and 10th in the league (specific 2025 rankings are still settling).
Building a stadium commensurate with the amount of fans the Revs typically draw will inevitably improve the gameday atmosphere, giving New England’s highest-level professional soccer team a homefield advantage they’ve lacked over the years.
In addition to the advantages for the soccer team, the region will also be gaining another venue for concerts, shows and other large events.