Treasure Island Center
PACE Loan
Project Type
Total Project Cost
Loan Term
Project Description
PACE Improvements
$6.8 million
Adaptive Reuse
$71 million
20 Years
Adaptive reuse of vacant Macy’s converted to mixed use facility including new Minnesota Wild (NHL) practice facility
HVAC, LED lighting, building insulation, high efficiency windows, low flow toilets, and an insulated roof
PACE Loan
$6.8 million
Project Type
Adaptive Reuse
Total Project Cost
$71 million
Loan Term
20 Years
Project Description
Adaptive reuse of vacant Macy’s converted to mixed use facility including new Minnesota Wild (NHL) practice facility
PACE Improvements
HVAC, LED lighting, building insulation, high efficiency windows, low flow toilets, and an insulated roof
International Market Square
PACE Loan
Project Type
Loan Term
Project Description
PACE Improvements
$3.79 million
Renovation and energy efficient upgrades
20 Years
Fund part of a $15 million renovation of a stabilized, 315,000 square foot mixed-use office/retail/showroom property
High efficiency HVAC, LED lighting, high efficiency windows, heat regulating window film, and roof replacement
PACE Loan
$3.79 million
Project Type
Renovation and energy efficient upgrades
Loan Term
20 Years
Project Description
Fund part of a $15 million renovation of a stabilized, 315,000 square foot mixed-use office/retail/showroom property
PACE Improvements
High efficiency HVAC, LED lighting, high efficiency windows, heat regulating window film, and roof replacement
New Prague Senior Living
PACE Loan
Location
Project Type
Loan Term
Project Description
PACE Improvements
$1.58 Million
New Prague, MN
New Construction
20 Years
Construction of a 91-unit senior living facility including a memory care unit, independent living, and assisted living
High efficiency HVAC, LED lighting, high efficiency windows, roof insulation, high efficiency fixtures, and high efficiency elevators
PACE Loan
$1.58 Million
Location
New Prague, MN
Project Type
New Construction
Loan Term
20 Years
Project Description
Construction of a 91-unit senior living facility including a memory care unit, independent living, and assisted living
PACE Improvements
High efficiency HVAC, LED lighting, high efficiency windows, roof insulation, high efficiency fixtures, and high efficiency elevators