New Elementary Schools $1.8 Million Under Budget

Lauren Williams's picture
Tuesday, August 21, 2012

With construction finished and occupancy certificates in hand, the Concord School District today released the estimated final costs of the three new elementary school buildings opening next week.

Abbot-Downing School, on South Street, Christa McAuliffe School downtown and Mill Brook School on Portsmouth Street cost $53.2 million to build, $1.8 million under the $55 million construction bond sold in 2010, including estimated final invoices for furniture, according to Jack Dunn, district business manager, and Matt Cashman, director of facilities and planning.

This spring, the board committed to spending $1.5 million of the $55 million to renovate the former Dewey School building to be the permanent home of the district office.

Before construction began, school district officials estimated building costs alone could be as high as $62.5 million and in 2010, the board authorized borrowing up to that amount.

Read more »