C-PACE Funding Modernizes Medical Building, Finances $11 Million Renovation

Project Overview Closing Date: June 20, 2025 Substantial renovation of 3905 Ford Road Medical Center achieved the deepest energy savings among recent Philadelphia C-PACE projects.  In 2025, PEA, Nuveen Green Capital, and 3905 Ford LLC closed on $11 million of C-PACE capital, enabling a comprehensive transformation of the West Philadelphia building. Now a high-performance, sustainable…

C-PACE Funds Industrial Fabrication Facility Expansion

Project Overview Phase 1 Closing Date: August 2, 2021 Phase 2 Closing Date: October 4, 2024 Rhoads Industries received $47 million in Philadelphia C-PACE financing from CCG PACE Funding, covering nearly half the costs for the Philadelphia Navy Yard manufacturing facility expansion. Energy efficiency improvements qualified the state-of-the-art industrial fabrication facility to complete large-scale renovations…

C-PACE Funds Adaptive Reuse of Delaware Station Power Plant

Project Overview Closing Date: November 30, 2023 The Battery is a gut rehabilitation and adaptive reuse of the former Philadelphia Electric Company (PECO) Delaware Station. Spanning over 300,000 square feet, the Beaux-Arts industrial landmark was transformed into a premier mixed-use campus housing luxury apartments, offices, event space, hospitality, and a sports club.  Managed by real…

Landmark Office Tower Undergoes Comprehensive Energy Efficiency Upgrade

Project Overview Closing Date: November 24, 2021 123 South Broad Street, known commonly as the Wells Fargo Building, is a landmark office tower located along Philadelphia’s Avenue of the Arts. PEA, Nuveen Green Capital, Unit 1 Partners LP, and 123 S. Broad Partners LP closed in 2021 on $4,109,825 in C-PACE financing for renovations of…

C-PACE Funds Historic Rohm and Haas Building Renovations

Project Overview Closing Date: October 28, 2021 As part of the substantial renovation of Class A commercial office building 100 Independence Mall West, Philadelphia C-PACE financing enabled comprehensive energy conservation and water efficiency improvements. Counterpointe SRE provided $25,571,281 in C-PACE funds to KPG-IMW Owner, LLC. Substantial renovation of the 400,000-square-foot historic property lowers operating costs…

C-PACE Finances Post-Industrial Adaptive Reuse

Project Overview Closing Date: April 29, 2021 Golaski Labs is a $8.5-million adaptive reuse project, combining the gut rehabilitation of a historic manufacturing building with new construction of a residential tower. The project includes 40 mixed-income apartments alongside 25,000 square feet of commercial space, located within Philadelphia’s historic Germantown neighborhood. PEA, Nuveen Green Capital, and…

Daycare Facility Goes Solar with C-PACE Financing

Project Overview Closing Date: December 23, 2020 The Flying Horse Center in Philadelphia’s historic Germantown neighborhood received the first Pennsylvania C-PACE project funds for a renewable energy installation. PEA, Greenworks Lending, and The Capers Company LLC closed in August 2020 on $559,469 in C-PACE financing. Located at 5534-46 Pulaski Avenue in Northwest Philadelphia’s Germantown neighborhood,…