Skip to main content
Add as a preferred source on Google

Boston Montessori School to Purchase New Building

  • By Matt Jones
  • 03/26/24

The Kingsley Montessori School in Boston, Mass., will soon purchase a new building with the help of a $25-million, tax-exempt bond from MassDevelopment & Rockland Trust, according to a news release. The school has leased the space located at 26 Exeter Street since 2005, which currently plays home to the Kindergarten Entry and Elementary programs. Rockland Trust purchased the bond issued by MassDevelopment to help the school achieve a lower cost of capital as part of larger, more comprehensive financing solutions, the news release reports.

“Massachusetts is fortunate to be home to a wide range of educational institutions that nurture and prepare our students for the future,” said Dan Rivera, MassDevelopment President and CEO. “We are pleased to offer resources for independent and charter schools looking to buy or expand their facilities and position their campuses for long-term success.”

Kingsley’s campus consists of two buildings—the Exeter Street Building and the Fairfield Street Building—in the Back Bay neighborhood of Boston. It enrolls a little over 300 students between toddler-age and sixth grade and boasts a 7:1 student-to-teacher ratio, according to the news release.

“The purchase of our Elementary building enables us to continue providing a world-class education for families working and living in Boston while confidently exploring opportunities to elevate our mission delivery from the strong foundation of ownership,” said Kingsley Montessori School Head Steve Farley. “Securing 26 Exeter Street, our second permanent home in the Back Bay, strengthens our financial footing, ensuring Kingsley will be here for generations of students past, present, and future. I am very grateful for all those who invested in this historic endeavor, and for the collaborative partnership of our friends at Rockland Trust and MassDevelopment.”

About the Author

Matt Jones is senior editor of Spaces4Learning. He can be reached at [email protected].

Featured

  • Academy of Classical Education Breaks Ground in Louisiana

    Charter Schools USA (CSUSA) recently announced the groundbreaking of a new public charter school in Covington, La., according to a news release. The Academy of Classical Education at Covington will enroll students in grades K–8 and is scheduled for completion in August 2026, just in time for the new school year.

  • Quattrocchi Kwok Architects Opens New Office in Denver

    Education planning and design firm Quattrocchi Kwok Architects (QKA) recently announced that it has opened a new office in Denver, Colo., the firm’s third overall. QKA is headquartered in Santa Rosa, Calif., and runs an East Bay Area office in Oakland.

  • Niles West High School Natatorium Renovation

    Natatoriums are highly specialized spaces, and luminaires in this setting face several unique challenges. Perhaps the most significant is corrosion, which is exacerbated by high indoor humidity, condensation, and pool chemicals, often resulting in material degradation in luminaires not certified to perform in corrosive environments.

  • Rhode Island Boarding School Completes Student Dorm Renovations

    St. George’s School in Middletown, R.I., recently announced the completion of a $26-million renovation project on Arden-Diman-Eccles Dormitory, according to a news release. The school partnered with Voith & Mactavish Architects (VMA) on the new space, which places a new focus on collaborative community spaces open to both boarding students and day students.