“Proud to be the first storage facility with this designation.”
StorCo Storage, a $3 million new construction self-storage project in, St. Louis, Missouri, is the first ever CIRRUS Low Carbon verified self-storage project. CIRRUS Low Carbon is the ONLY private financial product to offer a lower cost of capital for developments built with a lower carbon design.
Developed by Investa Group, StorCo Storage is a 365 unit self-storage facility with nearly 60,000 square feet of semi-conditioned space. Energy efficiency improvements made as part of the CIRRUS Low Carbon program produced over $250,000 in financial benefits for the developer.
James Reid, CEO of Investa Group, had this to say about the benefits of CIRRUS Low Carbon:
“It allowed us to have a much more effective and efficient building design – to really see our lower carbon footprint make a difference.”
Watch the rest of our interview with James in the video above.
Want to learn more about CIRRUS Low Carbon? Schedule a Meeting with your local PACE Equity Managing Director.
