Hotel Indigo, Kansas City
Transforming Historic Brookfield Building
Redevelopment of the historic Brookfield Building in downtown Kansas City transformed a dilapidated downtown property into a modern, high efficiency mixed-use building, while restoring it to its historic grandeur. The building is now home to 118-room boutique Hotel Indigo Kansas City Downtown and the Fairfax Lofts.
The nearly 90-year old building had stood vacant since 2005 as developers worked to raise capital for the project.
CleanFund provided $2.4 million in C-PACE, which filled the financing gap and made the project viable. Historic tax credits also were used to fund the project.
The high-efficiency HVAC systems, LED lighting, new electrical, and improved water heater and control systems result in 33% in energy savings over time.
“We were happy to be a part of the first PACE hotel project in Missouri and to bring CleanFund and their impeccable reputation to our state. This project contributes to the continued revitalization of downtown Kansas City while generating significant energy and utility costs savings over the life of the PACE assessment.”