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, the property owner was able to upgrade the building’s envelope, electrical and mechanical systems, which enabled Dallas County to further its sustainability and economic development goals while reducing demand on the Texas power grid. The improvements are expected to reduce the property’s annual electricity and water usage by 17% and 11%, respectively, while also reducing its annual thermal output by 9%.
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