HOTEL & CONDOS
Hotel | 350 Rooms
Year Built 1975
As part of a Property Improvement Plan (“PIP”), Marriott required an upgrade from existing P-TAC units to a quieter HVAC system. The cost of making this upgrade along with associated other costs required significant new owner capital.
Developed comprehensive energy project that used energy savings plus PACE financing to fund majority of HVAC costs. The amount raised exceeded the owner's expectations.
Preserved owner capital by securing $2.5 million PACE loan.
Upgraded building systems for improved guest comfort and satisfaction.
Secured an additional incentive of $300,000 from utility based on energy savings.