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Four Seasons Hotel

C-PACE AMOUNT
$20M
Property Type
Hospitality
Project Type
Retroactive
STATE
Minnesota
Four Seasons Hotel located in Minneapolis, Minnesota.

Property Description

The Four Seasons at RBC Gateway occupies 8 floors of a 37-story landmark development project. Situated as the northern gateway to downtown Minneapolis, the hotel includes a street-level lobby, restaurant, parking, wellness amenities, and 222 hotel rooms, totaling 258,000 SF.

C-PACE Improvements

C-PACE was retroactively used to pay back developers, putting capital to work for future developments and for cost overruns accrued during construction. The energy conservation improvements covered by C-PACE are expected to save $1.4M annually throughout the payback period.

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