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September 15, 2023

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StorCo Self-Storage Facility in St. Peters, MO, Earns Low-Carbon Verification

StorCo Storage has received a Cirrus Low Carbon verification for a self-storage facility it’s developing in St. Peters, Missouri, near St. Louis. The confirmation is part of a PACE Equity program that combines a green-building designation with Commercial Property Assessed Clean Energy (CPACE) financing.

StorCo is using a $3 million CPACE loan to help build the new location, which will comprise 67,000 square feet in 365 units. The design includes environmental enhancements to the building envelope, lighting, HVAC and plumbing, which align with PACE Equity’s low-carbon design specifications, according to the source. Once complete, the facility is expected to save 3,985 metric tons of carbon and 44% of electricity costs compared to a building constructed at “baseline code,” the source reported.

As part of the PACE Equity program, the company’s Low Carbon Center of Excellence provided engineering and design support to help StorCo meet the low-carbon specifications required for financing and verification. Launched in 2014, PACE Equity funds CPACE projects nationwide.

StorCo operates two other self-storage locations in O'Fallon, Missouri, and Wood River, Illinois.

Source: RE Journals, St. Louis Storage Facility Earns Low-Carbon Verification

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