From the Ground Up: Saint Anselm College, Grappone Hall
When Saint Anselm nursing students arrive for their first day of class, they now enter spaces that mirror where they’ll spend their future careers
Lebanon charter school gets USDA loan for purchase of downtown building
Money will be used to acquire, renovate 10,000-square-foot structure
Ledyard Charter School, an alternative high school in Lebanon, has received a $1.07 million loan from the U.S. Department of Agriculture toward the purchase and renovation of 39 Hanover St., a roughly 10,000-square-foot structure at the end of the Lebanon Mall in downtown Lebanon.
The facility is annexed to the Lebanon Mall in downtown Lebanon – which itself is undergoing the final phases of a $2.5 million renovation. After the school renovation is completed it will have direct access to a 300-foot bicycle and pedestrian tunnel underneath the mall.
The school has held classes in the building for the last five years.
The loan is a “terrific deal” for Ledyard, which will pay an interest rate of 2.2% over 35 years, Mike Harris, chair of the school’s board of trustees told the Valley News.
Work will include construction of two new ADA-compliant bathrooms and a renovated entrance. In addition, Outside, the building’s brickwork will be redone and a new stairwell to better meet fire safety guidelines will be added.
Also, the building’s second-floor former retail space will be divided into two areas, one of about 2,000 square feet for a future tenant with frontage on the Lebanon Mall, the rest will be set aside for a future 7th– and 8th-grade program.
The construction effort also has included a $250,000 contribution from a community fund-raising effort and financing from Claremont Saving Bank.
