MassDevelopment issues $9 million tax-exempt bond to The Cambridge School of Weston - Century Bank & Trust Company purchased the bond

The Cambridge School of Weston, 45 Georgian Road - Weston, MA

Weston, MA MassDevelopment has 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 Rd. The school will use bond proceeds to improve and expand its campus. Specifically, CSW plans to: • Build a two-story, 40,000 s/f health & fitness center with a new septic system, storm infiltration system, utilities, parking and improved roadway; • Demolish an existing in-ground pool; and • 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. “MassDevelopmentis 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,” said Jane Moulding, head of school at CSW. “We are grateful to partner with MassDevelopment in this important endeavor.”

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2014, MassDevelopment financed or managed 314 projects generating investment of more than $2.9 billion in the Massachusetts economy. These projects are projected to create more than 6,300 jobs and build or rehabilitate more than 1,600 residential units.

The Cambridge School of Weston is a coeducational, day and boarding school for grades 9 through 12, and post graduate. Established in 1886, our mission is to provide a progressive education that emphasizes deep learning, meaningful relationships and a dynamic program that inspires students to discover who they are and what their contribution is to their school, their community and the world.