Projects
The Meuse Moves Forward: $68.6 Million in TX-PACE Financing Supports Hotel and Retail Development in Fredericksburg
October 29, 2026
Organization
Texas PACE Authority (TPA)
Texas PACE Authority closed approximately $68.6 million in TX-PACE financing for The Meuse’s Kimpton hotel and retail development in Fredericksburg on September 29, 2026. The transaction marks TPA’s largest single-day closing to date.
Working with developer DC Partners, Nuveen Green Capital provided approximately $53.2 million for the hotel and $15.4 million for the retail component. The financing supports energy- and water-efficiency improvements within the mixed-use destination.
For economic development professionals, The Meuse illustrates how TX-PACE can support private investment and adapt as a project’s financing needs change.