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

  • DLR Group Announces New Mid-Atlantic Higher Education Leader

    Integrated design firm DLR Group recently announced that it has promoted Principal Shawn Gaither, AIA, LEED AP, to the role of higher education leader in the Mid-Atlantic, according to a news release. Gaither has served with the firm for more than 20 years, most recently as the national higher education business development leader.

  • Construction Begins on 100+ Acre K–12 Campus Designed for Lakota Culture

    The Cheyenne River Sioux Tribe (CRST) and the Cheyenne-Eagle Butte School District in Eagle Butte, S.D., recently broke ground on a new K–12 campus that will cover more than 100 acres and serve students and families across 1,600 square miles, according to a news release.

  • California District Opens New Continuation High School

    The Fort Bragg Unified School District (FBUSD) in Fort Bragg, Calif., recently held a ribbon-cutting ceremony for Noyo High School, a continuation high school that provides alternative education options for students in grades 6–12, according to a news release. The district partnered with Quattrochi Kwok Architects for design and FRC Inc. for construction, and the project’s funding came from Local Bond Measure B.