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A Compendium of Property & Capital News
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Oct 18
A Compendium of Property & Capital News

Community Servings Breaks Ground on 31,000 sf Food Campus Via Cambridge Savings Financing

May 30, 2018 - By The Real Reporter
Rendering of Community Servings 'Food Campus,' Jamaica Plain

BOSTONThe nonprofit provider of medically tailored meals and nutrition services to individuals and families living with critical and chronic illnesses, broke ground today on an expansion project that will broaden its caring mission and its leadership role in furthering the power of food as medicine.

The $21 million “Food Campus,” now under construction on the site of Community Servings’ headquarters in Jamaica Plain, consists of a three-story addition and kitchen expansion in the existing space. The 31,000-square-foot project will enable the organization to triple the production of medically tailored meals to meet increasing demand, double the capacity for daily volunteers, and double the number of food service job training graduates.

“We
are extremely excited about our project, especially with how the new building’s design will open up our organization to the community like never before,” said David B. Waters, CEO of Community Servings, in a release. “Tall windows will afford views of the dynamic work of our daily volunteers, while new classrooms will provide ample space for nutrition education and job training for our neighbors. Most importantly, we will be able to increase the number of meals we make and deliver to feed those in need,” Waters added.

Community Servings hosted a groundbreaking ceremony with Boston Mayor Martin J. Walsh and Massachusetts Department of Public Health Commissioner Dr. Monica Bharel, along with other key philanthropic supporters of the Food is the Foundation capital campaign, which to date has surpassed 80 percent of its $10 million fundraising goal. This private capital combined with equity raised from New Markets Tax Credits, private debt from community development lenders and funding from the City of Boston will pay for the construction and expansion of Community Servings.

The project is scheduled to be completed in the fall of 2019. Community Servings has engaged an experienced and talented group of partners to lead the design and development of the Food Campus, including construction manager Shawmut Design and Construction, development adviser QPD, architect Jacobs, engineer Bohler Engineering, environmental adviser Ransom Consulting, and financial adviser Affirmative Investments. In addition, the law firms Brown Rudnick LLP and Greenberg Traurig LLP provided pro bono legal services for the project.

Lenders on the project include Cambridge Savings Bank, City of Boston, Low Income Investment Fund, Nonprofit Finance Fund, PNC Financial Services Group, and the Property and Casualty Initiative. The federal New Markets Tax Credits program and the federal Healthy Food Finance Initiative are critical components of the project financing.

“Community Servings is an organization that provides more than food. It is a community that understands the needs of people and families who are experiencing critical and chronic illnesses, and provides them with the comfort of knowing that someone cares,” said Mayor Walsh. “I am excited to celebrate with Community Servings as they break ground on their new headquarters in Jamaica Plain where they will be able to triple their production and double the capacity for volunteers, spreading more hope than ever.”

Community Servings has experienced a 40 percent growth in demand for its medically tailored meals over the last five years. At any given time, 50 to 150 people are on the organization’s waitlist. The need is expected to grow even more as health providers and insurers recognize how medically tailored meals can help improve patient health while reducing the cost of care for vulnerable people.