90 new
affordable apartments
HEARTWOOD PLACE is excited about its plans to
develop the former Cambridge Reporter site in downtown Galt and
build 90 new affordable apartments. Our architect,
Andrew Bousfield has designed an attractive building that will
incorporate the original facade into a new six-storey structure.
Bright, spacious studio and one, two and three bedroom apartments
will be created with attractive finishes, efficient mechanical
systems, quality windows and insulation.
The plans include a coffee shop and bakery across from the
bus station and an adjacent Community Room for use of tenants and
downtown residents. A large roof-top patio on the third floor will
create open space for tenants and friends to gather. There will be
room on the site for adequate parking and green space.
The total project will cost $13 million which includes
purchasing and preparing the site, building materials,
construction costs, and associated fees, including the architect,
lawyer, interim financing, etc.
Wanting to provide more affordable housing for our region
is the primary reason for this development. Being part of the
renaissance of downtown Galt is also very important for our
organization. There are two ways you can help us create a new
"community of hope" at 26 Ainslie Street South in Cambridge:
Donate to the "Site Purchase and Preparation Fund" Donate
to the "Building Materials Fund"
If you will help us raise the money required to cover the
cost of the site and the building materials, we will ensure that
the balance of the project will be funded through government
grants and bank financing. Together we can make this a very
successful project, a new home for 90 tenants and a new community
which will be a positive contribution to the surrounding
neighbourhood.
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