$11M for Seekonk School Campus Addition

MassDevelopment issued an $11 million tax-exempt bond on behalf of The Wheeler School, an independent coeducational college preparatory day school. The school is using proceeds to fund several capital projects at its farm campus at 357 Walker St. in Seekonk, including building a new eight-lane pool; an outdoor splash pad; a dressing room, restroom, and storage building; and a two-story building to house the Nest, a nature-based early learning center, which provides activities and education for preschool children and will include an exterior boardwalk and landscaping. These improvements will allow the school to expand its summer camp enrollment capacity, host swim events, and eliminate the need to rent pool time for the school’s swim team. Berkshire Bank purchased the bond, which helped The Wheeler School achieve a lower cost of capital.