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

  • Year-Round Schools Require Year-Round Indoor Air Quality Planning

    While many schools are out for the summer, year-round schools follow a more “balanced” schedule with shorter, more frequent breaks spaced throughout the school year. Even though this offers educational benefits, these facilities have less downtime for building maintenance. This can become an issue when facilities managers overlook the importance of routine HVAC maintenance and air duct cleaning services.

  • Designing the Bridge Between Inclusivity and Independence in K–12 Schools

    Fostering independence is fundamental to learning and development for K–12 students. It offers many proven benefits, such as enhanced confidence, problem-solving, decision-making, and social skills. However, this foundational objective loses its impact if it’s not accessible and adaptable to all students. Inclusivity plays a critical role in cultivating independence and healthy autonomy for students, fostering positive student learning outcomes by uniting pedagogy with the physical learning environment.

  • Washington State University Debuts New Engineering Hall

    Washington State University recently celebrated a dedication ceremony for the new Schweitzer Engineering Hall on its Pullman campus in Pullman, Wash., according to university news. The facility measures 66,288 square feet, and its completion marks the first milestone in a larger university effort to modernize the engineering and design district.