Mayor Martin J. Walsh and the City of Boston’s Preservation Committee have recommended 56 new projects to receive funding as part of the Community Preservation Act (CPA), including the new Speedway HQ.

The Community Preservation Act allocates money toward open space, historic preservation, and affordable housing projects throughout the city’s 23 neighborhoods.

The Speedway, located in Brighton, is anticipated to receive $200,000 from this round of CPA funding. This restoration project will transform the historic Charles River Speedway buildings into a lively gathering space for neighborhood, complete with dining facilities, retail space, and an outdoor plaza.

We look forward to continuing to use this revenue to build on our work related to affordable housing, historic preservation, and open space. – Martin J. Walsh, Mayor of Boston.

Read more in the Boston Business Journal.