MCM Elegante
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MCM Elegante
The MCM Elegante project transformed an existing Beaumont hotel into a 278-key, dual-branded Courtyard and Element Hotel by Marriott. The Courtyard portion features 135 rooms, while the Element Hotel includes 152 rooms designed for extended-stay guests. Impact By obtaining C-PACE financing, the property owner was able to upgrade the building envelope, lighting, HVAC and plumbing…
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Holiday Inn Express Pilot Point
Holiday Inn Express is a four-story, 70-room hotel in the Denton County community of Pilot Point. Impact By obtaining C-PACE financing, the property owner was able to upgrade the building envelope, lighting and HVAC systems, as well as add solar panels, which enabled Denton County to further its sustainability and economic development goals while reducing…
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Embassy Suites & Convention Center
Embassy Suites & Convention Center is a 318-room, full-service hotel with 67,227 square feet of meeting space. At the time of C-PACE application, the property was being upgraded to include solar panels in order to offset the development’s utility consumption. Impact The C-PACE assessment enabled the property owner to add a 673 KW solar component…
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Commodore on the Beach
Commodore on the Beach is a 95-room hotel located in Galveston County. At the time of the C-PACE application, the property was being upgraded to reposition it in the market, and the developer opted to incorporate energy and water savings. Impact By obtaining C-PACE financing, the developer was able to upgrade the building’s envelope, electrical…
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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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TownePlace Suites
This 89-key, Marriott-flag hotel offers spacious suites with full kitchens in the Greater Houston suburb of Tomball. Extended-stay lodging, which targets business travelers staying for multiple nights or weeks, has become increasingly necessary in Tomball as rapid development generates immediate demand from construction crews. Impact By obtaining C-PACE financing, the property owner was able to upgrade the building…
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Holiday Inn Express/Staybridge Suites
Holiday Inn Express/Staybridge Suites is a dual-branded, 17-story hotel that replaces a large parking lot in Downtown Houston near Minute Maid Park. In addition to 275 guest rooms with traditional and extended-stay options, the property also offers corporate and social gathering spaces and a host of luxury amenities. It also includes 2,000 square feet of…
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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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Blossom Hotel
Blossom Hotel Houston is a six-story, full-service luxury hotel neighboring NRG Stadium, Rice University and Texas Medical Center. World-class amenities, elevated meeting and events space, and fine dining led by Michelin-starred chefs are offered in a tranquil setting at the doorstep of one of America’s most energetic cities. The property has gone above code to…