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…
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…
Established with a mission to develop eco-friendly solutions, Panda Biotech uses cutting-edge technology to extract industrial-grade plant fiber. C-PACE financing allowed the company to build a 500,000-square-foot industrial facility that adheres to the Panda Biotech mission of manufacturing products using sustainable practices. The ability to process 22,000 pounds of fiber per hour makes the Panda…
In the heart of North Dallas, Meadow Park Tower faced the same challenge many aging office buildings do: declining efficiency, functionality and occupancy. Through several rounds of renovations in 1986, 2016 and 2022, the 263,000-square-foot property was transformed. Efficiency upgrades, made possible by a $3.5M C-PACE assessment, are expected to result in significant energy, water…
Proveer designs, develops and operates high-quality independent living, assisted living and memory care communities in secondary and tertiary markets that have been traditionally underserved. This Houston-area location will offer assisted living and memory care services in a 113-unit, 84,000-squarefoot renovated space in League City, where the senior population is expected to grow at an annual…