Walsh Park is pleased to announce the project to convert the second floor of the Ferry Freight Building to residential use (3 two-bedroom units & 3 one-bedroom units). Construction began in July of 2019 with an estimated completion date of summer 2020.
This project will be a major step forward in the Island’s efforts to address its housing shortfall and revitalize the Ferry District area on the West End. The current backlog of applicants makes us confident that the new units will be filled quickly with high quality additions to the Fishers Island community.
The FI Ferry District will lease the second floor of the freight building to Walsh Park under a long-term bargain lease with renewal options. Walsh Park will incur all costs of construction and future maintenance. Walsh Park will operate the property as affordable rental units available to full-time residents of Fishers Island.
Expected construction costs are in line with the original estimated cost of $3 million. Walsh Park has successfully funded the cost of the project with a capital campaign in the summer of 2018. Tod Williams & Billie Tsien have offered their architectural services to Walsh Park on a pro bono basis. BD Remodeling & Restoration was selected after a competitive bidding process.
For more information, please download project plans:
[gdlr_button href=”https://o2oe37.p3cdn1.secureserver.net/wp-content/uploads/2018/08/WP_2018_FerryProject.pdf” target=”_self” size=”medium” background=”#000099″ color=”#ffffff”]Ferry Building Project Plans[/gdlr_button]
