Aloft Hotel
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Aloft Hotel
Aloft Hotel is a 156-room hotel located in Dallas County. At the time of application, the property was being upgraded to incorporate energy and water savings and, therefore, qualified for C-PACE. Eligible improvements included in the assessment were building envelope, lighting, HVAC, domestic hot water, water reduction and high-efficiency elevators. Impact By obtaining C-PACE financing,…
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Hillcrest Oaks
Hillcrest Oaks is an Dallas County office development consisting of two buildings spanning 183,967 SF of gross leasable area. The buildings were constructed in 1980 and are situated on 7.44 acres. This C-PACE assessment was for retroactive upgrades completed in 2021. Eligible C-PACE upgrades included improvements to building envelope, lighting, HVAC and plumbing. Impact By…
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Northridge Center
Northridge Center is a 34,140 SF multi-tenant retail center on a 121,724 SF site. The subject was constructed in 1960. The property contains 12 suites, one of which has a restaurant finish-out. The utility saving components that were installed included building envelope, lighting and HVAC improvements. Impact By obtaining a C-PACE loan, the property owner…
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River Edge
This five-story, 147,000-square-foot office building in the Dallas Design District also includes more than 10,000-square-feet of ground-level retail and three on-site restaurants. C-PACE financing furthered the project sponsor’s goal of obtaining LEED and Fitwel designations, which require the incorporation of sustainable systems that improve the health and wellness of building occupants and the environment. Impact…
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Washington Tower
Washington Tower on the Baylor Medical Center campus in Dallas is a 55,000-square-foot, 1950s-era office building geared toward medical practitioners and ancillary services that support the hospital. The five-story tower includes 17 office suites that house an imaging center, pediatrics, gastroenterology and more. Impact By obtaining C-PACE financing, the property owner was able to upgrade…
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Clarendon Drive Property
Developers behind this adaptive reuse project on Clarendon Drive in the East Oak Cliff area of Dallas sought to transform three dilapidated buildings into a vibrant mixed-use destination. The reimagined site will include 62,000 square feet of retail and industrial tenants such as yoga studios, coffee roasters, educational facilities, art studios and restaurants. Impact By…
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BioLabs Pegasus Park
BioLabs is a leading biotech incubator renowned for catapulting cutting-edge research and advancing scientific discovery. The 37,000-square-foot shared lab and office facility is in Pegasus Park, a 25-acre development that aims to strengthen Dallas as a globally recognized center for life science innovation, business and social impact. Impact By obtaining C-PACE financing, the property owner…
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Meadow Park Tower
Meadow Park Tower is a 263,000-square-foot, 15-story, multi tenant office building in the heart of North Dallas. The building was constructed in 1986 and renovated in 2016. A subsequent renovation of the building’s interior and exterior began in 2022 and included the installation of sustainable improvements that qualified for C-PACE financing. These improvements contributed to…
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HALL Arts Hotel
Lone Star PACE administered $27M in retroactive C-PACE financing for HALL Arts Hotel, a 202-key property featuring privately curated art collections in the Dallas Arts District. An award-winning eatery, Ellie’s Restaurant & Lounge, is also available on-site. Impact By obtaining C-PACE financing, the property owner was able to recapitalize previously installed improvements to the building’s…
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Garages of America
An innovative car storage concept sweeping the state of Texas received a second round of C-PACE debt for Phase 2 of its facility in the north Dallas suburb of Carrollton. Lone Star PACE facilitated the $16.7M financing for Garages of America, which offers customizable garage suites for sale. The 125,000-square-foot facility includes 67 garage suites,…