THE WESTERLY REVOLVING FUND
WESTERLY REVOLVING FUND AT A GLANCE
To preserve the historical heritage of Westerly RI
The Westerly Revolving Fund, Inc. is a not-for-profit corporation formed to stimulate community revitalization through advocacy, lending, development, and technical assistance in sites important to the diverse architectural heritage of Westerly, RI.
The Fund works with local partners to identify and invest in buildings that support its mandate where the reuse of these buildings will catalyze neighborhood renewal.
The Fund has become a valuable asset of the Westerly community that is recognized as a leader in efforts to revitalize the local historic building stock.
134 MAIN STREET
Our current project
THE GATES HOUSE
Reinforcing our Commitment
The WRF current focus is on the Main Street corridor; the gateway to Westerly and its beach communities. Â Reflecting that focus, WRF acquired the Gates House, a Greek Revival built in 1846 located at 134 Main Street, Westerly RI. This 2,800 square foot modified post and beam structure had fallen into serious disrepair and was at risk of collapse. It is one of the most prominent building on Main Street and desperately needed to be saved.
With the exterior complete, we now move on to finish the inside. The Gates House will remain a mixed use building with apartments and professional space.
134 MAIN BEFORE
Saving a prominent historical home
When the renovations are complete, 134 Main will be offered for sale. As a mixed use building with fantastic exposure, this is an ideal location for professional office space. The lower and main floor levels will be finished with an open floor space allowing build out to suit the buyer. Â The top floor incorporates two apartments providing quality workforce housing.
PROJECT OVERSITE
Helping The Community
Providing day to day oversight, Board Member Marcia Felber volunteered to serve as our Project Manager. Â Marcia is an experienced business woman that has successfully renovated properties in Watch Hill, downtown Westerly, Hartford, CT and Key West, FL. Â She has been supported by a team of qualified professionals and expert craftsmen.
CONTACT WESTERLY REVOLVING FUND
43 Broad St,
PO Box 112
Westerly, RI 02891, USA
Louis Gingerella 860-460-0930
Marcia Felber 401-742-0273