MassDevelopment has issued $10,350,000 in tax-exempt bonds for the Charles River School (CRS), a Dover independent school serving children in pre-kindergarten through eighth grade.
The school will use bond proceeds to build a 13,000-square-foot middle school building that will house seven classrooms, six breakout rooms, science learning spaces and a common room. CRS will also use proceeds to furnish and equip this new building, to renovate its Founders House, and to refinance previously issued debt. Needham Bank purchased the bond.
Founded in 1911, CRS is a progressive independent school that today has a 16-acre campus with an enrollment of about 160 students.



