Nuveen Green Capital, C-PACE financing

Hotel Marcel, developed and designed by Becker+Becker and funded by Nuveen Green Capital, is the first anticipated net-zero hotel and Passive House-certified hotel in the country. The boutique hotel is an adaptive re-use of mid-century modern Armstrong Rubber Company Building, originally designed by Marcel Breuer in 1967. The hotel utilized C-PACE to finance a large-scale solar array of more than 1,000 panels) that will generate electricity for lighting, heating, cooling and hot water for the hotel’s common areas, restaurant, laundry, meeting rooms, and 165 guest rooms. The lifetime energy savings are projected to exceed 160,290 million BTUs and save more than 7,854 metric tons of CO2. The Connecticut Green Bank served as program administrator.

Hotel Marcel, New Haven, CT
Becker+Becker, Architects

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