State Treasurer Steven Grossman, Chairman of the Massachusetts School Building Authority (“MSBA”), and Jack McCarthy, MSBA Executive Director, announced today that the MSBA Board of Directors voted to proceed with the City of Revere into the Schematic Design Phase to potentially replace the William McKinley Elementary School with a new school on the City’s Hill Park site. The District will now work in collaboration with the MSBA to produce detailed renderings of the potential new school.
“This is an exciting stage in the process, as the schematic designs will give us our first look at the new McKinley School,” said Grossman. “Importantly, these designs will help us define the scope and budget of the project, with the ultimate goal being a school that is efficient, affordable and serves the educational needs of its students.”
The proposed project would replace the existing McKinley School with a new 97,000 square-foot facility. The current school was built in 1905 and suffers from deficiencies in its electrical, plumbing, and mechanical systems. The District has also cited inadequacies in parking and play spaces. William McKinley Elementary School currently serves 483 students from pre-Kindergarten through grade 5.
“We have worked collaboratively with local Revere officials for an extensive period of time and I look forward to continuing our partnership with them during this next stage in the process,” said Executive Director McCarthy.
The MSBA partners with Massachusetts communities to support the design and construction of educationally-appropriate, flexible, sustainable, and cost-effective public school facilities. Since its creation, the MSBA has made more than $9 billion in payments to Massachusetts school districts. These timely payments made by the MSBA to cities, towns, and regional school districts for school construction projects have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.
