Property Details for Westfield Lofts/Rau Fastener

On this page:

Profile Information
Property Location
Property Progress
CAs Associated with this Property
Assessment Activities at this Property
Climate Adaption and Mitigation - Planning or Assessment
Contaminants and Media
Cleanup Activities
Climate Adaption and Mitigation - Demolition or Cleanup
Institutional & Engineering Controls
Redevelopment and Other Leveraged Accomplishments
Climate Adaption and Mitigation - Redevelopment
Additional Property Attributes

Legal Notices

Profile Information

Property Alias

Property Owner

Private

ACRES Property ID

42141

Property Address

230 Dexter Street Providence, RI 02907

Size

3.5

Parcel Numbers

Lot C, AP 31, Lots 58, 59, 118 & 121, Lot A, AP 31, Lots 127 & 128

Latitude/Longitude

41.81059 / -71.42817

Congressional District

Property Contact

Baran, Tracy

tcb@psh.com

401-861-8200

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Property Location

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Property Progress

Assessment

Clean Up

Institutional Controls in Place

Engineering Controls in Place

Ready for Anticipated Use

Redevelopment Underway

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CAs Associated with this Property

CA Name	CA #	State	Type	Announcement Year
Rhode Island Economic Development Corporation	BF98193201	RI	BCRLF	2003

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Assessment Activities at this Property

There are no current assessment activities.

Is Cleanup Necessary?
EPA Assessment Funding:
Leveraged Funding:
Total Funding:

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Climate Adaption and Mitigation - Planning or Assessment

There is no data for Climate Adaption and Mitigation - Planning or Assessment.

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Contaminants and Media

Contaminant Found

Asbestos
Lead
Other Contaminants
Petroleum Products
VOCs

Remediating Action for Contaminants

Cleaned Up
Cleaned Up
Cleaned Up
Cleaned Up
Cleaned Up

Media Affected

Soil
Surface Water

Remediating Action for Media

Cleaned Up
Cleaned Up

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Cleanup Activities

Start Date	EPA Funding	Completion Date	CA	Accomplishment Counted?	Cleanup Documentation
03/01/2003	$500,000.00	02/01/2010	Rhode Island Economic Development Corporation	No
03/01/2003	$400,000.00	02/01/2010	Rhode Island Economic Development Corporation	No

Cleanup/Treatment Implemented:
Cleanup/Treatement Categories:
Addl Cleanup/Treatment info:
Address of Data Source:

Total ACRES Cleaned Up: 3.5
Number of Cleanup Jobs Leveraged:
EPA Cleanup Funding: $900,000.00
Leveraged Funding:
Cost Share Funding:
Total Funding: $900,000.00

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Climate Adaption and Mitigation - Demolition or Cleanup

There is no data for Climate Adaption and Mitigation - Demolition or Cleanup.

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Institutional and Engineering Controls

Indicate whether Institutional Controls are required

Yes

Categories of Controls

Information Devices

Additional Institutional Controls Information

Address of Data Source (URL if available)

Are Institutional Controls in Place

Yes

Date Institutional Controls were put in place

01/21/2010

Indicate whether Engineering Controls are required

Categories of Controls

Additional Engineering controls information

Address of Data Source (URL if available)

Indicate whether Engineering Controls are in place

Date Engineering Controls were put in place

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Redevelopment and Other Leveraged Accomplishments

Start Date	Leveraged Funding	CA
06/01/2004	$45,000.00	Rhode Island Economic Development Corporation
06/01/2004	$2,672,849.00	Rhode Island Economic Development Corporation
06/01/2004	$595,000.00	Rhode Island Economic Development Corporation
06/01/2004	$9,000.00	Rhode Island Economic Development Corporation
06/01/2004	$12,000.00	Rhode Island Economic Development Corporation
06/01/2004	$250,000.00	Rhode Island Economic Development Corporation
06/01/2004	$602,750.00	Rhode Island Economic Development Corporation
06/01/2004	$313,000.00	Rhode Island Economic Development Corporation
06/01/2004	$18,750.00	Rhode Island Economic Development Corporation
06/01/2004	$323,000.00	Rhode Island Economic Development Corporation
06/01/2004	$500,000.00	Rhode Island Economic Development Corporation
06/01/2004	$5,323,576.00	Rhode Island Economic Development Corporation
06/01/2004	$2,403,000.00	Rhode Island Economic Development Corporation
06/01/2004	$3,240,000.00	Rhode Island Economic Development Corporation
06/01/2004	$90,325.00	Rhode Island Economic Development Corporation
06/01/2004	$700,000.00	Rhode Island Economic Development Corporation

Number of Redevelopment Jobs Leveraged:
Actual Acreage of Greenspace Created:
Leveraged Funding:

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Climate Adaption and Mitigation - Redevelopment

There is no data for Climate Adaption and Mitigation – Redevelopment

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Additional Property Attributes

Property Highlights

The project involved the historic rehabilitation of two brick industrial buildings into 69 units of affordable and market rate artist studio/loft apartments, with community space. The scope of work includes selective demolition of existing structures, environmental remediation of a designated Brownfields, roof replacement and insulation, new flashing and gutters, masonry restoration, replacement and restoration of windows, doors, updating of mechanical systems, sprinkler systems, fire alarms, elevators, interior fit out of loft style apartments, construction of exterior courtyard, sidewalks, exterior lighting, parking lots and landscaping. Subsequent phases of the 4-phase Rau Fastener Project will create 20 new townhouses for ownership, 12 additional 2-family homes and 20,000 square foot commercial space. (PPF - Westfield Lofts, a/k/a Rau Fasteners 2-8-07)

Former Use: The earliest part of the complex is identified by a datestone as having been constructed in 1892. The property was occupied by Providence Lithograph in 1919. In 1929, Rau Fastener purchased the building and also contructed a 30,000 square foot addition to the property. Rau Fastener, which has become the project's recognized name, was the leading distributor of metal snap fasteners in the nation and played a large role in Rhode Island's economy. By 1955, the complex appears as it does today.

Predominant Past Usage

Industry (3.5)

What types of funding are being used on this property?

State and Tribal Program Information

Enrolled: 07/29/2002

Date No Further Action Letter Received

02/01/2010

Date Letter/Signed Report Received from a Qualified Professional