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ProJo: Champion of Providence preservation to retire


 

By Christine Dunn 
Journal Staff Writer 

Clarke Schoettle, who has worked on neighborhood revitalization in Providence for nearly 35 years, will retire in June as executive director of the Providence Revolving Fund.

PROVIDENCE, R.I. — Clark Schoettle, who has worked on neighborhood revitalization in Providence for nearly 35 years, will retire in June as executive director of the Providence Revolving Fund, the organization announced this week.

“It is impossible to overstate the impact that Clark has had on the City of Providence’s historic buildings and neighborhoods,” said architect Christine West, president of the Revolving Fund’s board. “The singular beauty of Providence comes from its rich historic character, and it would be difficult to identify a renewed historic building in our city that Clark has not had a direct influence upon through either the Providence Revolving Fund or his numerous civic and volunteer roles.”

Schoettle has led the Providence Revolving Fund since 1983, “transforming the organization from a small historic preservation loan fund to a $12-million community development fund,” the group added.

Since the 1980s, the Revolving Fund has invested more than $14 million in the West Broadway and Elmwood neighborhoods by buying and redeveloping 63 abandoned houses for affordable homeownership, and by making 470 loans to property owners to restore homes.

In 2003, Schoettle negotiated a $7.8-million investment with the Rhode Island Foundation to establish a dedicated loan fund for Downtown Providence, PRF noted. Since then, “the Downcity Fund has invested over $16 million to redevelop 24 underutilized buildings, leveraging $155 million in additional financing and stimulating the revitalization of downtown.”

Under Schoettle’s leadership, the Revolving Fund has also “consulted on 140 historic and low-income housing tax credit projects totaling over $350 million in re-investment in historic buildings in Rhode Island.”

Schoettle’s efforts were seen in “the financing and renovation of 22 of the historic houses surrounding the Dexter Training Ground; the redevelopment of a failed HUD project on Adelaide Avenue which resulted in the restoration of 11 properties for affordable homeownership; the development of 39 artist residences at Monohasset Mill; the financing and development of 12 buildings which revitalized Luongo Square; and renovation of several buildings on Westminster Street by the West Broadway Neighborhood Association, including their headquarters in an old gas station,” according to PRF.

“Restored buildings in downtown Providence funded by the PRF include AS220′s Empire Street and Mercantile Block, the Peerless Lofts, Saki’s Pizza on Weybosset, the Providence G, and the Dean Hotel,” while more recent efforts include “the redevelopment of the Almy Street School on the west side of Providence; the current restoration underway of the Kendrick-Prentice-Tirocchi House, aka the ‘Wedding Cake House’ on Broadway; and the Case-Meade, Union Trust, and Woolworth Buildings on Dorrance.”

Schoettle plans to continue serving on the Providence Historic District Commission and the Downtown Design Review Committee.

“The Revolving Fund has been very much a part of me for more than half of my life. I can’t imagine doing anything else that could be so gratifying and important,” he said. “It has given me the opportunity to work with diverse groups of people to try different approaches and accomplish the historic preservation of difficult buildings to revitalize neighborhoods.”

The search for a new executive director is under way, and a celebratory tribute to Schoettle is planned for later this year.

Courtesy of Providence Journal 



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