Stockbridge, MA – MassDevelopment has issued a $3.5 million tax-exempt bond for the Austen Riggs Center, a psychiatric hospital and residential treatment center in Stockbridge. Riggs will use bond proceeds to renovate and improve two historic buildings on Main Street used as patient residences.
The renovations at the Elms building will include replacing windows and doors, partially demolishing and reconstructing interior space, replacing the roof, and installing new HVAC, plumbing, and electrical systems. The renovations at the Inn building will include installing air conditioning; upgrading electrical, communications, and fire alarm systems; and adding new furniture, fixtures, and equipment.