(To read more on the multifamily market, click here.)

HAVERHILL, MA-A 100-year-old former shoe factory and warehousewill be converted into a 146-unit multifamily complex. The planwill preserve the building's historic character while creating workand living space for small business owners.

The $39-million mixed-income rental community called theCordovan at Haverhill Station will transform the once-abandonedfactory and warehouse into loft and conventional apartments alongwith duplexes that double as storefronts for small business owners.About 40% of the development's apartments, which are being built byBeacon Communities of Boston, will be affordable.

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