Foxborough Regional Charter School to Add Classrooms, Gym, Science Labs with Help From $26.6 Million MassDevelopment Bond
December 6, 2010
MassDevelopment has issued a $26.6 million tax-exempt bond on behalf of Foxborough Regional Charter School, a college preparatory public school that serves 1,185 students in kindergarten through 12th grade. The School will use bond proceeds to build out an addition to the middle and high school building, which will house 27 new classrooms, three science laboratories, a performance stage, and new computer and language laboratories. Bond proceeds will also go toward constructing a new gym that will seat 1,200, renovating the School’s cafeteria and media center, and other capital improvement projects. The project is expected to create more than 100 construction jobs over the next 18 months.
“With the variety of resources in this new addition, the Foxborough Regional Charter School can reach many aspects of students’ lives: artistically, academically, and athletically,” said MassDevelopment President and CEO Robert L. Culver. “We were happy to work with the School to make the construction and renovations possible, meeting demand for the School’s services and continuing the great tradition of education here in Massachusetts.”
Founded in 1998, Foxborough Regional Charter School originally served more than 580 students in kindergarten through 8th grade. The School, which has a waiting list of more than 1,100, enrolls students from 20 area communities: Attleboro, Avon, Brockton, Canton, Easton, Foxborough, Mansfield, Medfield, Medway, Millis, Norfolk, North Attleboro, Norton, Norwood, Plainville, Sharon, Stoughton, Walpole, West Bridgewater, and Wrentham.
“We are excited to embark upon this incredible next phase of our school's growth,” said Foxborough Regional Charter School Executive Director Mark Logan. “This expansion project supports our ability to strengthen an already outstanding academic, service, and leadership program for our students. Our school community is extremely grateful for the hard work and commitment of the professionals at MassDevelopment to make our new facility a reality.”
MassDevelopment, the state’s finance and development authority, works with businesses, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2010, MassDevelopment financed or managed 241 projects statewide representing the investment of nearly $1.4 billion in the Massachusetts economy.