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

  • LAN, Inc. Opens Office in College Station, Texas

    Lockwood, Andrews & Newnam, Inc. (LAN) recently announced the opening of a new office in College Station, Texas, to support its regional client base, according to a news release. The organization provides engineering, design, and program management services for water, wastewater, transportation, stormwater, and education clients in the Brazos Valley.

  • California K–12 District Completes Elementary School Campus Replacement

    The West Contra Costa Unified School District (WCCUSD) in Richmond, Calif., recently announced the completion of a replacement campus for Lake Elementary School, according to a news release. The school has capacity for 470 students between Transitional Kindergarten (TK) and sixth grade.

  • 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.

  • Illinois District Boosts Security at High-School Stadium

    Richmond-Burton Community High School in Richmond, Ill., recently announced that it has completed the redesigned entrance to its high school stadium with a new focus on school security and community engagement, according to a news release. The district partnered with Wold Architects and Engineers on the project as part of District #157’s year-long facilities master plan.

Digital Edition