Education

MassDev Issues Bond to CSW for Expansion

An architectural rendering of the proposed exterior of the new health & fitness center under construction at The Cambridge School of Weston and slated to open in September 2016. Image courtesy of Stanmar, Inc., Wayland, Mass

Rendering of the proposed exterior of the new health & fitness center under construction at The Cambridge School of Weston and slated to open in September 2016. Image courtesy of Stanmar, Inc., Wayland, Mass

MassDevelopment recently issued a $9 million tax-exempt bond on behalf of The Cambridge School of Weston (CSW), an independent, coeducational, day and boarding secondary school at 45 Georgian Road in Weston. The school will use bond proceeds to improve and expand its campus. Specifically, CSW plans to:

  • build a two-story, 40,000 square foot health & fitness center with a new septic system, storm infiltration system, utilities, parking and improved roadway;
  • demolish an existing in-ground pool;
  • complete related site work, including landscaping and trails.

 

The school expects the project to support 59 construction jobs. Century Bank & Trust Company purchased the bond.

 

“The Cambridge School of Weston (CSW) has educated students in eastern Massachusetts for more than a century,” said MassDevelopment President and CEO Marty Jones. “MassDevelopment is pleased to assist CSW as it upgrades and expands its facilities, helping it continue to provide a first-rate academic experience for students and faculty.”

 

“This new center will provide CSW students with opportunities to develop lifelong approaches to being physically fit and healthy and will further our commitment to helping our students become thoughtful, creative, socially responsible adults,” says Jane Moulding, Head of School at The Cambridge School of Weston.  “We are grateful to partner with MassDevelopment in this important endeavor.”