Wellesley, MA – MassDevelopment has issued an $11 million tax-exempt bond on behalf of Dana Hall School which will use proceeds to renovate and build an addition to its existing Upper School classroom building.
The school will upgrade classrooms and teaching spaces as well as install an elevator and replace egress stairs to improve safety and accessibility, razing existing building space to make way for the addition of an elevator to the original structure. First Republic Bank purchased the bond, which will also be used to refinance previously issued debt.
Founded in 1881 by Henry F. Durant, Dana Hall School is an independent girls boarding and day school serving students in grades six through 12. The school’s founders believed in equality for women and their right to be educated and offered a full program of liberal arts education. Today, Dana Hall serves approximately 480 young women in two schools: Middle School (grades six through eight) and Upper School (grades nine through 12).
“While the Dana Hall experience is rooted in people and relationships, having spaces which support those relationships is crucial,” said Dana Hall School Head of School Katherine Bradley. “With flexible classrooms that enable diverse learning styles, common spaces that foster connection and collaboration, brand-new art studios, a purpose-built chorus room, and fully accessible facilities that support all students, the renovated Classroom Building represents an exciting opportunity to celebrate the best of the School’s past while moving boldly into the future.”
