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SERVING COMMUNITIES.
IMPROVING PROPERTIES.
INCREASING CAPITAL.
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IN THIS ISSUE
- TPA's 2023 Projects
- New TX-PACE Regions
- Don't Miss These Events
- PACE Projects Receive Acclaim
- We Recommend...
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2023 Project Spotlight
Five projects closed so far this year!
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PACE Program: Medina County
Property Type: Office
PACE Assessment: $390,000
Improvements: Building Envelope, HVAC, Lighting, Plumbing, and Water Conservation
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Houston Area Urban League | |
PACE Program: City of Houston
Property Type: Office
PACE Assessment: $738,951
Improvements: Building Envelope, HVAC, Lighting, Window Film, Plumbing, and Water Conservation
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PACE Program: Smith County
Property Type: Multifamily
PACE Assessment: $1,412,500
Improvements: Building Envelope, HVAC, Lighting, Plumbing, and Water Conservation
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PACE Program: City of San Antonio
Property Type: Hospitality - Hotel
PACE Assessment: $28,000,000
Improvements: Building Envelope, HVAC, Lighting, Plumbing, and Water Conservation
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PACE Program: City of San Antonio
Property Type: Office
PACE Assessment: $1,559,719
Improvements: Building Envelope, HVAC, Lighting
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TPA's Cumulative Project Impact
2015 - 2023
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Four New PACE Programs
TPA serves 87 local governments
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City of El Campo
Established on March 27, 2023
The largest city in Wharton County, El Campo is in the Coastal Plains of Texas and began as a railroad camp once called the Pearl of the Prairie.
Read More >>
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Palo Pinto County
Established on April 11, 2023
Palo Pinto County, west of DFW, includes Mineral Wells, which became world-famous in the early 1900's when people flocked to its healthy springs.
Read More >>
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Pecos County
Established on April 24, 2023
The 2nd largest county in Texas, Pecos County includes historic Fort Stockton.
Read More >>
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City of Clarksville
Established on April 27, 2023
The City of Clarksville sits on the uppermost part of the Piney Woods region of east Texas. Clarksville is the “Gateway to Texas” as many settlers, including Sam Houston, who signed the City’s charter, and Davy Crockett, passed through the area.
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Renelibrary, CC BY-SA 4.0, via Wikimedia Commons | |
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Join TPA for these Upcoming Events
Don't Miss Out On These Learning Opportunities
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City of Red Oak TX-PACE Webinar & Workshop:
Learn why TX-PACE is a great fit for fast-growing cities
Webinar May 18 and Workshop June 20
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Highlights from the TPA Project List
TX-PACE investments bring important returns
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Hotel Swexan
D Magazine’s 2023 Commercial Real Estate Awards - Best Hospitality Project - Hotel Swexan The largest TX-PACE project to date, this City of Dallas PACE project invested $39.8M in energy efficiency and water conservation measures including HVAC, building envelope, plumbing, elevators, and a glass curtain wall. The Swexan is also a finalist in the Dallas Business Journal’s Real Estate Awards Hospitality Category. The name, “Swexan” pays homage to its Swiss investors and their epic Texan project.
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JW Marriott Dallas Arts District
The Dallas Business Journal recently showcased the new JW Marriott Dallas Arts District on Ross Avenue. This City of Dallas TX-PACE project utilized over $5M in energy and water efficiency improvements, including HVAC, LED lighting, and building envelope efficiencies. The J.W. Marriott Arts District is also a finalist in the Dallas Business Journal Real Estate Awards Hospitality Category.
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World Gym Texas City
This Galveston County PACE Project is named “Best World Gym in North America.” World Gym Texas City is the WORLD’S LARGEST WORLD GYM! Boasting over 100,000 square feet of indoor and athletic space, this state-of-the-art facility has surpassed 4,500 members and continues to grow. World Gym Texas City’s 2021 energy and water-saving investments were made possible by the Galveston County PACE program. Following the success of this location, JMK5 Holdings just opened up the second location in the Houston area, World Gym Houston (another TX-PACE financed project!)
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We Recommend...
Suggested TX-PACE Education
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If you would like to learn more about the TX-PACE program or request a speaker for your organization or local government, please contact Admin@TexasPACEAuthority.org. Tap into our expertise and we’ll showcase successful Texas PACE projects to demonstrate how the program can work for you. To date, TPA has facilitated almost $400 million in PACE projects ranging from $70,000 to $40 million. TPA now serves 87 local governments reaching 73% of the Texas population.
Texas PACE Authority (TPA), the state’s only nonprofit PACE program administrator, was created in 2015 to exclusively provide uniform PACE program administration for Texas counties and cities. PACE is all we do! TPA’s capable team of policy, legal, technical, transaction, sustainability, and operations experts have a combined 69 years of governmental service employment at the local, state, and federal levels. TPA offers unmatched PACE program support, including online service provider training, materials in English and Spanish, and works with all eligible lenders to serve all businesses and nonprofits throughout the state.
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