REVERE, MA - After recently securing the necessary special permit from the city of Revere, veteran real estate developer and R&S Realty trustee Ralph Caruso is ready to begin work on his latest project: a five-story commercial parking structure in Revere’s Technology Enterprise District (TED). The Revere City Council unanimously approved the special permit required to consolidate the district’s commercial auto repair yard and its construction yard into a single parking garage with 583 spaces for park-and-fly patrons and 14 spaces for visitors and employees.
The location for this new commercial parking structure has been strategically chosen for its proximity to major Massachusetts roadways such as Route 1A, Route 60, and Route 1, as well as being a short 10 minute drive from Boston's Logan Airport.. After construction has finished, the structure will also include landscape improvements such as enhanced sidewalks and green spaces. It will also provide easy access to the neighboring properties, which include a self-storage facility, commercial warehouse, and commercial automotive storage parking lot.
This project has been in the works since earlier this year, with Ralph Caruso and R&S Realty receiving their special permit from the Revere City Council in March 2025, with the blessing of Revere Mayor Patrick Keefe, Jr., and the Revere Zoning Sub-Committee. R&S Realty went on to appear before the Revere Conservation Commission in May 2025, seeking an Order of Conditions for the parking structure. The Conservation Commission unanimously approved the Order of Conditions in June 2025.
Ralph Caruso is no stranger to large real estate development projects in Massachusetts, having served as the guiding force behind Massachusetts-based companies such as Caruso Construction, City Rentals, and Northgate Recycling. He is also one of the world’s most successful Dunkin’ Donuts franchisees, with multiple locations on the East Coast. Today, Ralph Caruso is channeling his entrepreneurial spirit into companies such as the Boston-based service company Flush , NewQuality Fence Co., Above the Line Production Rentals, a company building up the Massachusetts film industry by providing production equipment rentals.
Ralph Caruso said: “Owning and operating on this land for over 40 years, it’s rewarding to build something that truly serves Revere and the Boston residents and its visitors as a whole.” Throughout all of his entrepreneurial endeavors, Ralph Caruso’s vision has always aligned with his personal goal of making the state of Massachusetts a better place to live. Through its convenient location and accommodating amenities, R&S Realty’s new commercial parking structure in Revere near Logan Airport aims to accomplish this same mission. With the city’s support and the patronage of many satisfied automobile owners, this parking structure aims to make travel and accommodations easier in Boston for the community and its members. .
About R&S Realty
R&S Realty is a real estate company based in Revere, MA that provides services such as property management and leasing. Founded in 1999 by Ralph and his younger brother, Stephen, the company is known for its local projects in Revere.
Media Contact
Company Name: Caruso Companies
Contact Person: Karen
Email: Send Email
City: Revere
State: MA
Country: United States
Website: https://ralphcaruso.com/
