MSBA Takes Part in Dedication Ceremony for Bancroft Elementary School in Andover

October 25, 2014

Jack McCarthy, Executive Director of the Massachusetts School Building Authority (“MSBA”), joined with local legislative and school district leaders at a dedication ceremony for the new Bancroft Elementary School in Andover. The MSBA will contribute a maximum grant of up to $16,575,965 toward the new school.

State Treasurer and MSBA Chair Steven Grossman expressed delight over the successful completion of the project. “The MSBA's fiscally responsible blueprint for school construction is helping communities like Andover provide a strong educational foundation for students in an efficient, sustainable and affordable way," Treasurer Grossman said.

The project consists of a new, 106,000 square-foot school serving 680 students in Kindergarten through grade 5. The three story building is star-shaped, with five wings arrayed around a central atrium. Media center facilities are located above the main entrance.

“The MSBA is thrilled to have taken part in this project,” Executive Director McCarthy said. “This partnership between the District and the MSBA has provided an up-to-date, 21st century facility for the children of Andover.”

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 1,450 site visits to more than 250 school districts as part of its due diligence process and has made over $10.9 billion in reimbursements for school construction projects.