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Brandeis To Build, Renovate With $36.5M MassDevelopment Bond

Sep 23, 2013 | Reprints | Unlock Link | Print

A rendering of the Crown Center for Middle East Studies. Brandeis University plans to build a 7,000 square foot children’s center and educational building with funds from a $36.5 million MassDevelopment bond. Century Bank purchased the bond.

The Waltham-based university will use the remainder of bond proceeds for campus renovations, such as work on the East Quad Residence Building, the Schwartz building and Lemberg Hall for its new Crown Center for Middle East Studies. Bond proceeds will also refinance previous debt.

"Brandeis emphasizes the pursuit and dissemination of knowledge," MassDevelopment President and CEO Marty Jones said in a statement. "The construction and renovations resulting from this low-cost financing will create opportunities for both present and future Brandeis students."

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