“MO Hotel Expansion Secures $3.5M in C-PACE Funding with Bayview PACE”

"MO Hotel Expansion Secures $3.5M in C-PACE Funding with Bayview PACE"

Bayview PACE has secured $3.5 million in C-PACE financing for the development of an eight-story, 80-room expansion at The Broadway, a Hilton hotel located at 1111 East Broadway in Columbia, Missouri. This second phase of the project will encompass approximately 73,000 square feet and also include over 8,500 square feet of new meeting space.

Chesterfield Hotels Inc., led by founder David Parmley, is overseeing construction on this adjacent addition to their first successful phase which opened in 2014. The initial seven-story property features a total area of 92,600 square feet with amenities such as a restaurant and bar along with meeting room space totaling around 3

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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