Newton Awarded $13.6M Grant for Addition/Renovation at Cabot Elementary School

November 15, 2016

BOSTON—State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (“MSBA”), and MSBA Executive Director John K. McCarthy announced today that the MSBA Board of Directors voted to approve a grant of up to $13,636,546 million for an addition/renovation project at the Cabot Elementary School, located in the Town of Newton. One of the next steps is for the District and the MSBA to enter into a Project Funding Agreement, which will detail the project’s scope and budget, along with the conditions under which the District will receive its MSBA grant.
“Upon completion, this project will provide a 21st century learning environment for Elementary School students in Newton,” Treasurer Goldberg said. “Our goal is to create the best space to deliver the District’s educational commitments and goals.”
The proposed project would address building deficiencies indicated by the District that include: structural integrity; mechanical, electrical and plumbing system issues; and physical plant issues. The Cabot Elementary School currently serves 418 students and is 43,940 square feet. Upon completion of the addition/renovation project the school will offer over 84,000 square feet of learning space. By proceeding with the District’s preferred solution, the Town of Newton will be able to continue to deliver its desired educational program while preserving the historic 1929 building as a community resource.
“Students will soon have a beautiful space that will enhance and improve their ability to excel in the classroom,” stated 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 2004 inception, the Authority has made over 1,750 site visits to more than 250 school districts as part of its due diligence process and has made over $12.2 billion in reimbursements for school construction projects.