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Memphis Greyhound Bus Station Renovation Gets PACE Financing

Planned $50 Million Mixed-Use Development Will Use Energy-Efficient Building Materials

A planned $50 million renovation of the former Greyhound bus terminal in Memphis, Tennessee, will be partly financed through a C-PACE loan that requires the use of energy-efficient building materials. (Gerald Thomas/CoStar)
A planned $50 million renovation of the former Greyhound bus terminal in Memphis, Tennessee, will be partly financed through a C-PACE loan that requires the use of energy-efficient building materials. (Gerald Thomas/CoStar)

A $50 million redevelopment of an historic Greyhound bus station and Schlitz brewery in Memphis, Tennessee, has secured the first loan from the city’s new energy-efficiency financing program.

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