Common Equity Housing Limited

ANOTHER former commercial building in Abbotsford is being converted into a major residential project.

The former Harold Boot Company factory, at the corner of Gipps and Nicholson streets, is being redeveloped by Common Equity Housing Limited, and the Office of Housing, into a $25 million, five-storey, 59-unit complex.

Twenty five apartments – representing just over 40 per cent of the overall project – will be set aside as public housing, part of the Federal Government’s plan to build 80,000 social and affordable dwellings nationally by 2012.