Brandeis Gets $134 Million Bond For New Residence Hall

WALTHAM, MA — A Massachusetts university was issued a $134 million bond to aid in the buildout of a new five-story residence hall.

MassDevelopment has issued a $134,570,000 tax-exempt bond on behalf of Brandeis University, which will use bond proceeds to build and equip a new five-story, 631-bed student residence hall and fund other miscellaneous capital projects on its campus in Waltham, officials said.

Construction of the new residence hall began in June, with design led by William Rawn Associates and Dimeo Construction serving as the construction project manager.

The project is expected to be completed in spring 2027.

“This is more than just a building project — it’s a statement about our priorities,” said Arthur Levine, Interim President of Brandeis University. “We are investing in our students and in the future of Brandeis. This residence hall will support community, well-being and the dynamic student experience that defines our university.”

The university held a public meeting about the new residence hall in June of this year. A supporter of the plan is Waltham's mayor, who said it would be beneficial for locals.

“I am pleased that Brandeis University and MassDevelopment have made a commitment to build 631 units of housing,” said Waltham Mayor Jeannette A. McCarthy. “The on-campus housing will be beneficial to the neighborhoods.”