Victoria Nursing and Rehabilitation Gets C-PACE Funding

Miami-Based Victoria Nursing and Rehabilitation Center recently acquired $3.7 million financing for a Commercial Property Assessed Clean Energy (C-PACE) renovation of its south Florida facility.
Published: November 14, 2019

Miami-Based Victoria Nursing and Rehabilitation Center recently acquired $3.7 million financing for a Commercial Property Assessed Clean Energy (C-PACE) renovation of its south Florida facility.

The skilled nursing facility is expanding to provide 48 new beds in an upgraded and more efficient building using C-PACE funding. The improvements to the property consist of multiple energy-efficient upgrades to the building’s HVAC as well as a new standby emergency generator coupled to the new HVAC systems. The latter effort complies with Florida’s state law mandating backup power sources in nursing homes and assisted living facilities signed into law in 2018 by Gov. Rick Scott.

The Winmar Group is the general contractor for the expansion with construction now underway with completion and occupancy by the end of Spring 2020. The upgrades in energy-efficient infrastructure – a core qualifying measure of PACE programs nationwide, will place a new chiller, cooling tower, mini-split heating and cooling units as well as HVAC building automation. Led by Trane, Inc.’s energy engineers, the automatic HVAC controls and improved efficiency are an essential element in reducing energy demand during normal operations as well as during disaster.

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Strategy & Planning Series
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Strategy & Planning Series
Strategy & Planning Series