April 30, 2019
Some 2,000 of Alexandria’s buildings, comprising a combined 24 million square feet of floor space, could utilize C-PACE financing, according to the Virginia Energy Efficiency Council, a nonprofit. In particular, last year about two-thirds of Alexandria’s office building space was rated as Class B or Class C, which potentially won’t attract top rent-paying companies.
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Council will vote on funding for “green” building financing mechanism.