ANDOVER — The Merrimack Valley YMCA Board of Directors has voted to approve the Master Plan for a $21 million expansion of the Andover/North Andover YMCA on Haverhill Street.
This approval on Thursday will allow the Merrimack Valley YMCA to formally begin the transformation of its Andover/North Andover YMCA branch and will begin the process of applying for the necessary permits, and is expected to break ground by Fall 2013.
Based on the approved Master Plan, the Andover/North Andover YMCA is expected to double the size of its aquatics space with the construction of a multipurpose pool and to double the available space for fitness and group exercise and renovation of the existing locker rooms.
The plan also calls for a new child development center for preschool and school aged children and a new Active Living Center for older adults.
The expansion will be funded by the fundraising of the Merrimack Valley YMCA and tax exempt bond financing provided by Enterprise Bank. The Merrimack Valley YMCA will continue to fundraise as construction begins in hopes of raising an additional $8 million to $10 million in order to fully fund the Master Plan over the next three years, which includes a 50-meter competitive swimming venue.