MassDevelopment

Pittsfield School to Build Cutting-Edge Academic, Residential Buildings with MassDevelopment Bond

June 18, 2015


FOR IMMEDIATE RELEASE

Contacts:
Kelsey Abbruzzese, MassDevelopment, 617-330-2086 & 617-448-9077 (cell)
kabbruzzese@massdevelopment.com

David Smith, Miss Hall’s School, 413-395-7270
dsmith@misshalls.org

MassDevelopment has issued a $10 million tax-exempt bond on behalf of Miss Hall’s School, an independent secondary school in Pittsfield for girls in grades nine through 12. The School will use the proceeds to construct two buildings on campus: an academic building and a student residence hall. The 18,125-square-foot academic facility will include state-of-the-art science laboratories; a high-tech laboratory for animation, robotics, and innovation; classrooms; office space; and equipment. The 9,325-square-foot student residence hall will accommodate 30 students and two faculty families. The School expects the project will create seven jobs and support 100 construction jobs. In support of its continued partnership with Miss Hall’s School, NBT Bank purchased the bond through a private placement. 

“As careers focus more on technology and innovation, these new facilities at Miss Hall’s will prepare students for a world beyond the Berkshires,” said MassDevelopment President and CEO Marty Jones. “Through its support of manufacturers and the AMP it up! program, MassDevelopment encourages students around the Commonwealth to weigh careers in STEM fields. As MassDevelopment’s first female president and CEO, I’m pleased we can assist Miss Hall’s as it provides these offerings to young women in a Gateway City.” 

Founded in 1898 and situated on 80 acres in Berkshire County, Miss Hall’s School was one of the first all-girls boarding schools established in New England. Today, the school is a nationally recognized boarding and day independent secondary school that combines a rigorous college-preparatory curriculum with two leadership programs, Horizons and the Girls’ Leadership Project. Miss Hall’s School currently enrolls 214 girls, representing 17 states and 28 countries.

“We appreciate MassDevelopment’s support on this project, which will allow Miss Hall’s to provide its unique educational experience to more students,” said Head of School Julia Heaton. “The new academic building will accommodate our Mathematics and Science departments, as well as Horizons, our experiential learning and internship program, while the dormitory will allow us to expand our boarding enrollment. We are growing in order to provide more girls with more opportunities to learn, grow, and lead, and we thank MassDevelopment for its partnership.”

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2014, MassDevelopment financed or managed 314 projects generating investment of more than $2.9 billion in the Massachusetts economy. These projects are projected to create more than 6,300 jobs and build or rehabilitate more than 1,600 residential units.