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Riley Apartments

Project Type: New Construction
Asset Class: Multifamily

Riley Apartments is a 178-unit multifamily development in Burleson, Texas, a rapidly expanding suburb in the DFW Metroplex. As a part of C-PACE financing qualification, the property owner went through an evaluation with their architects and engineers to reduce their water and electricity consumption. This involved the incorporation of high-efficiency HVAC, low-flow bathroom fixtures and building enclosure improvements, including the roof and windows, which increased the building envelope’s efficiency.

Impact

The inclusion of a C-PACE assessment on this development enabled the City of Burleson to further its sustainability and economic development goals while reducing strain on the Texas power grid. The improvements are expected to reduce the property’s annual electricity and water usage by 15% and 36%, respectively.