MassDevelopment

MassDevelopment Bond Helps Brookline School Finance New Research and Design Center

July 7, 2016


FOR IMMEDIATE RELEASE

Contacts: 
Meggie Quackenbush, MassDevelopment, 617-330-2011 & 857-208-2777 (cell)
mquackenbush@massdevelopment.com

Lisa Trask, Beaver Country Day School, 617-738-2748
ltrask@bcdschool.org

MassDevelopment has issued a $13 million bond on behalf of Beaver Country Day School, a private school for grades 6-12 in Brookline. The School is using bond proceeds to renovate a two-story library and add a third floor, which will create a research and design center dedicated to experiential learning. The school will also build a pedestrian ramp connecting the new center to the main academic building. Boston Private Bank purchased the bond.    

“I’m pleased that MassDevelopment could support the construction of this new center at Beaver Country Day School, which focuses on hands-on learning and creative development,” said MassDevelopment President and CEO Marty Jones. “The Commonwealth’s top-notch schools play a key role in preparing students for higher education and careers, and this center will put the school at the leading edge of experiential learning.”  

Through its multidimensional approach to teaching, Beaver Country Day stands at the forefront of education and empowers students to succeed in today’s constantly-changing world. Innovative partnerships, challenging academics, and a technology-driven teaching and learning environment make Beaver a leader in independent, college preparatory education. Beaver students come from more than 70 communities in and around Boston and speak 20 different languages at home.

“This is the most exciting project we will undertake for Beaver,” said Peter Hutton, Head of School at Beaver Country Day. “It will have a transformative influence on our campus by connecting spaces intuitively and allowing for students and faculty to collaborate in ways they can only imagine today.”

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2015, MassDevelopment financed or managed 294 projects generating investment of more than $2.5 billion in the Massachusetts economy. These projects are projected to create about 6,100 jobs and build or rehabilitate about 2,000 residential units.