 The community learned in March 2004 that a developer from out of town planned to raze Ocean House and build five homes in its place, so organizers began a campaign to save the building and preserve the site's public oceanfront access and beach.These organizers included representatives from Preserve Rhode Island, Rhode Island Historical Preservation, and Heritage Commission, as well as the National Trust.Another buyer was found who deemed it economically and physically unfeasible to make the building functional and code compliant, but he promised to rebuild it from the ground up.