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Eaglebrook School To Build Arts, Music, Science Building With $43M MassDevelopment Bond

Nov 18, 2013 | Reprints | Unlock Link | Print

The Allen-Chase Foundation, a nonprofit educational trust that owns the Eaglebrook School in Deerfield, has received a $43,197,300 tax-exempt bond from MassDevelopment.

The foundation will use bond proceeds to refund current debt; create an academic center at Eaglebrook with new a science, art and music building; renovate existing buildings; make technology upgrades; expand parking; and conversion to natural gas heating.

"Arts, music and science are essential components of the well-rounded education that Eaglebrook School offers," MassDevelopment President and CEO Marty Jones said in a statment. "MassDevelopment is pleased to leverage this low-cost financing to increase the presence of these key disciplines on campus that will help future generations of students expand their intellectual horizons."

Eaglebrook is a boarding and day school for boys in rural western Massachusetts. It serves 250 students from 23 states and 19 countries.

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