THE REVERE ADVOCATE – FRIDAY, JUNE 3, 2022 Page 11 Board of Health updated on life sciences development By Adam Swift P ublic Health Director Lauren Buck is preparing the Board of Health for the role they may have to play in regulating life sciences companies in the city. At the most recent Board of Health meeting on Thursday, May 26, Buck outlined the building of a life sciences building at Suff olk Downs and potential City Council ordinance changes to regulate tenants in the buildings. “We currently have an ordinance that talks about the type and risk factor and risk levels of biotech labs that can come to the city,” Buck told the Board of Health. “That ordinance is being discussed by the City Council currently, and when the City Council decides whether they want to amend that ordinance or keep it the same, we will then be tasked with writing regulations regarding the ordinance.” Buck read a statement from The HYM Investment Group, the developer of the Suff olk Downs property, about the proposed life science buildings at 100 and 150 Salt Streets. The buildings are being developed to facilitate life science, research, manufacturing, offi ce space and retail uses. “The stage they are at in development is they have just started the foundation of the building, and they are anticipating that the building itself will be completed in early 2024,” Buck said. HYM stated that, like most life science developers in the region, they are starting the design and construction of the building on spec and have not yet identifi ed any tenants. “Any tenant looking to occupy the building will have to submit their plans to the City of Revere for review and approval prior to construction on their tenant space within the building, and can only open and operate under strict compliance with the applicable state and federal regulations, and also the regulations we promulgate in the city,” Buck said. The research and manufacturing activities will be substantially the same and regulated the same as life science developments in Cambridge, Boston, Somerville and other communities in the state, Buck said. “All future tenants will have to comply with fi re protection and life safety standards already in the state building code, and also current hazardous materials regulations that are part of all the regulations that are out there,” said Buck, “so our regulations would be on top of all HEALTH | SEE Page 17 FUN-damental Basketball Camp Open to Boys and Girls in Local Area T he FUN-damental Basketball Camp, open to boys and girls in local area cities and towns, will be held July 25 to July 29, 2022 at the Immaculate Conception Parish Center, located at 51 Summer Street in Everett. The camp will be held between the hours of 9:00 am and 1:00 pm for boys and girls entering grades 3 thru 8 as of September, 2022. The cost of the camp is $100. Tony Ferullo, boys’ varsity basketball coach at Mystic Valley Regional Charter School in Malden, will be the Director of the camp. The purpose of the camp is: • To provide all campers with the fundamental tools to help them become better basketball players; • To create a positive atmoA BUSINESS CHECKING ACCOUNT THAT CHECKS ALL THE BOXES. TALK TO US TODAY ABOUT OUR DIFFERENT BUSINESS CHECKING ACCOUNTS. WE’LL HELP YOU FIND THE RIGHT OPTION. L Visit our website to learn more at: EVERETTBANK . COM Member FDIC Member DIF RIGHT BY YOU DON’T WAIT... Spring into ACTION Now with Our LOW Rate! sphere where the camper will learn and have fun at the same time; and • To instill the spirit of the game into all campers, and inspire them to continue playing the game either competitively or just for fun. Each camper, who will receive a T-shirt and certifi cate, will participate in various drills, scrimmages and individual contests. Special guests will speak and share their personal basketball tips. An awards ceremony will take place on the last day of the camp, and parents and friends are welcome to attend. For more information about the FUN-damental Basketball Camp, please contact Camp Director Tony Ferullo: 857-312-7002 or tferullo@suffolk.edu. as low as 4.00% APR* Home Equity Line of Credit NO CLOSING COSTS 12-YEAR DRAW TUITION HOME IMPROVEMENT VACATIONS Your home has CASH in it! Apply online FAST at memberspluscu.org. *APR = Annual Percentage Rate. Rate subject to change without notice. Variable rate based on Prime Rate as published by the Wall Street Journal. As of May 5, 2022, the Prime Rate is 4.00%. 12-year draw, 8-year repayment. Best rate requires a new HELOC application, loan-to-value (LTV) of 80% or less and strong creditworthiness. Properties held in trust may require additional fees. Early termination fee of $400 applies for lines of credit closed within first 36 months. Requires property insurance. NMLS #472281
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