A Lynnfield-based human service organization is renovating a building in Peabody to serve as its new headquarters.
MassDevelopment issued a $25.5 million tax-exempt bond to support Bridgewell’s plan to overhaul the building at 10 Dearborn Road and refinance debt.
Bridgewell provides services ranging from day programs and counseling to child care, employment training, and residential housing to people with intellectual, developmental, and psychiatric disabilities and other life challenges.
The $1.2 million renovations, which began last month, will include removing walls and installing partitions to create 40 offices and conference rooms; upgrades to the electrical, lighting, and HVAC systems; improvements to three bathrooms; installation of new carpeting and flooring; interior painting; and information technology upgrades.
Officials said the relocation, now scheduled for April, would help Bridgewell consolidate its operations.John Laidler can be reached at firstname.lastname@example.org.