We will reach out to the community to offer free programs to groups such as the Boys and Girls Clubs and plan on teaching entrepreneurship from the preschool level on up all while creating 80-105 full time jobs.
Boston, MA (PRWEB) April 18, 2011
Great things are on the cusp of happening for the community of South Boston, with impressive plans in place for the revitalization of a former Catholic Church property – the 1892-built St. Augustine, a former Catholic grade school and high school located at 205 E Street – into a new educational pillar for the city.
Plans for the site include the development of:
- An environmental academy that would serve students grades K through 6, with an energy and environment-focused curriculum
- A Montessori school to serve students from six weeks to 12 years old
- A fine arts school to serve students ages 3 to 14, in the disciplines of music, art and drama
- Green jobs training program for high school aged and young adults interested in entering the field of clean energy, clean technology and environmental science.
Terry Hillery, President of Boston-based sustainable real estate development and renewable energy firm The Hillery Holding Company, is finalizing the necessary financing to acquire the parcel and property – plans his company has been developing for the past three years.
And innovative plans they are – not just for the creation of new learning institutions, but also the aim of The Hillery Holding Company to develop the site into one of the country’s first zero net energy school facilities, utilizing solar (both PV and solar thermal) and small wind power, as well more novel clean technology – both a combined heating and powering system using municipal wood waste, and an organic digester, converting organic materials (such as food waste and past-prime produce from local grocery stores and restaurants) into electricity and heat – to power the buildings.
“Developing educational institutions that provide an incredibly high level of instruction is our absolute number one priority,” states Terry Hillery, a resident of South Boston who has also successfully started eight businesses over the past 15 years. “And building the Montessori school and affiliated programs in an innovative, cost-efficient, and 100% environmentally friendly way – is a simply fantastic way to enrich the City of Boston. We will reach out to the community to offer free programs to groups such as the Boys and Girls Clubs and plan on teaching entrepreneurship from the preschool level on up."
Hillery projects that his project would create between 80-105 full-time jobs over the next two years.
The plans are impressive and have been well received by the local community. Prospective administrators, instructors and board members have already stepped forward. The firm has raised $1.3 million in financing to date, with $380,000 in soft costs spent thus far. But additional investment is needed in order for the company to close on the property and move forward with the project. To date, Hillery’s firm has approached 27 banks for financing assistance – but the fiscal backing of individuals, government and local businesses is necessary.
“We believe, without a doubt, that this project would have both an immediate and long-range positive impact on the City,” Hillery says. “We’ve been fortunate to have a lot of backing and support from the community and local government, but we need assistance in the way of further financial backing to allow this important endeavor to take flight.” The firm is currently seeking private debt for the short term.
Those interested in learning more about The Hillery Holding Company’s plans and opportunities for investment, should contact Terry Hillery, at 617.650.2430.
The Hillery Holding Company, Inc., based in Boston, Massachusetts, is a progressive and entrepreneurial company specializing in sustainable real estate development and renewable energy. Founded in 1999, HHC is a privately held corporation dedicated to integrating the latest green building techniques into luxury residential real estate redevelopment, while continuing to provide luxurious and livable spaces for buyers. HHC utilizes the latest sustainable building techniques and specializations that have become its trademark. In 2008, HHC was selected to the prestigious Inc. Magazine‟s ‘Inc. 500.’ HHC was ranked number 124 overall, number 10 of the Top Real Estate Companies category nationwide, and number 10 overall in New England.
Terry Hillery is the President and founder of The Hillery Holding Company. Mr. Hillery was appointed to Massachusetts Governor Deval Patrick's Zero-Net Energy Buildings Task Force and serves on the Builders Association of Greater Boston’s Green Committee. He is also the president of Green New England and Boston BioMass, which are companies dedicated to the promotion and use of renewable energy. Licensed as a Home Improvement Contractor, Construction Supervisor and Real Estate Broker, Mr. Hillery was named the two-time At-Large North American Collegiate Entrepreneur of the Year and the Most Innovative and Most Creative Entrepreneur of the Year. A childhood cancer survivor himself, he is an avid volunteer for cancer and health charities. Mr. Hillery is a member of the Board of Advisors for the South Boston Boys and Girls Club; and a member of the Board of Trustees at his alma mater Spring Hill College, The Jesuit College of the South. He is currently enrolled in the EO/MIT Entrepreneurial Masters Program and is candidate for graduation in the class of 2012.