Andover, MA – MassDevelopment has issued a $29.7 million tax-exempt bond for Merrimack. Bond proceeds will be used to build, furnish, and equip two academic buildings and three student residential buildings; to renovate, furnish, and equip its O’Reilly Hall and McQuade Library; and to make various renovations to other campus buildings.
The college is also using proceeds to build a new eight-lane, 400-meter track and turf field, along with a 2,500-seat grandstand with space for press boxes, concessions, public restrooms, and locker rooms; and to make improvements to other athletic fields.
