BOSTON—State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (“MSBA”), and MSBA Executive Director/Deputy CEO Mary Pichetti announced today that the MSBA Board of Directors voted to approve a grant of up to $233,889,807 for a new Revere High School, located in the City of Revere. 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 new 21st century learning environment for students in Revere,” Treasurer Goldberg said. “Our goal is to create the best space to deliver the district’s educational commitments and goals.”
The proposed project would replace the existing Revere High School with a new facility serving grades 9-12 on an alternative site known as the “Wonderland” site. The district had identified in their Statement of Interest that the current structure suffers from mechanical, electrical and plumbing system deficiencies as well as accessibility issues. Additionally, the district indicated a presence of hazardous materials.
“Revere students will soon have a beautiful new space which will undoubtedly enhance and improve their ability to excel in the classroom,” stated Executive Director/Deputy CEO Mary Pichetti.
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 approved 1,027 projects and has made over $17.1 billion in reimbursements for school construction projects across the Commonwealth.
