Center Place I is a 40,000-square-foot multi-tenant medical office property located at 3101 Churchill Drive in Flower Mound, Texas. In an effort to modernize the asset, developers leveraged C-PACE financing to support a comprehensive package of renovations that included energy efficiency, water conservation and renewable energy improvements. Impact C-PACE enabled the property owner to incorporate…
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…
Independence Medical Center is a 57,000-square-foot medical office building located north of Dallas in Plano. At the time of the application, the property was being renovated, and the owner opted to incorporate energy-saving improvements that qualified for C-PACE. Impact By obtaining C-PACE financing, the property owner was able to upgrade the building’s HVAC system and…
Woodview Tower in Dallas is a 200,000-square-foot, 13-story office tower conveniently located near Dallas Love Field Airport. At the time of the application, the property was being renovated, and the owner opted to incorporate energy- and water-saving improvements that qualified for C-PACE financing. Impact By obtaining C-PACE financing, the property owner was able to upgrade…
Maverick on Seymour Apartments includes 120 Class-B units across 17 two-story buildings. At the time of the application, the property was being renovated, and the owner chose to incorporate additional energy- and water-saving measures that qualified for C-PACE financing. Impact By obtaining C-PACE financing, the developer was able to incorporate improvements that save energy and…
Maurine Street Apartments includes 120 units across 16 two-story buildings. The complex has various amenities, including a swimming pool, playground and laundry building. At the time of the application, the property was being renovated, and the owner opted to incorporate energy and water saving improvements that qualified for C-PACE financing. Impact By obtaining C-PACE financing,…
AllTrades Lewisville contains 28 commercial/industrial flex units situated within three two-story buildings comprising 69,020 square feet. At the time of the application, the property was being upgraded to incorporate energy and water savings and therefore qualified for C-PACE. Impact By obtaining this C-PACE loan, the developer was able to upgrade the buildings’ envelopes, electrical and…
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…
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,…
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…