Dallas 2030 District was Featured in the GBIG Article: Click Below for the Full Article: By Joyce Lee
Dallas 2030 District
Dallas is the third largest city in Texas with a population of 1.2 million. The Dallas 2030 District establishment is part of a strategic initiative at the South-central Partnership for Energy Efficiency as a Resource (SPEER). The newly formed district, the first in Texas, benefits from SPEER’s fiscal sponsorship and technical assistance to successfully meet its targets and to grow from its current 13 million square feet portfolio.
The District Leadership Council follows the model of a working board, augmenting areas of outreach, fundraising, training and benchmarking. To add clarity, there are heads for each of the 2030 District sector groups: owners, professional stakeholders, and community stakeholders. Like its peers, Dallas chose to start with energy benchmarking, then water and transportation in that order. New training is being designed every month and membership recruitment is going strong. Together with large property owners, such as the AT&T Performing Arts Center and the Federal Reserve Building, and real estate managers, such as Granite Properties and Peloton, the City of Dallas also joins a critical partner.
The availability of alternative financing gives rise to burgeoning 2030 Districts in Texas. Property Assessed Clean Energy (PACE) is a mechanism to help building owners access long-term financing for clean energy and energy efficiency upgrades. Texas passed HB 1937(2009) and SB 385(2013), enabling local governments to create PACE Districts. Commercial PACE is expected to be available in many Texas cities in the near future, allowing shared savings for tenants, current and future owners. To date, Travis County (the greater Austin area) has officially launched a PACE district.
SPEER is working with the Texas State Energy Conservation Office and Keeping PACE in Texas to help local governments adopt PACE districts to implement financing programs. Multiple 2030 Districts in Texas, with their laser focus, design and technical expertise as well as on-the-ground presence, are a natural fit to help meet Texas’ statewide resource conversation goals.
“We have a healthy, vibrant, and bustling economy. This is where the Dallas 2030 District plays a crucial role and has the opportunity to incorporate sustainability into our economic edge. We continue to work towards that goal by using the District as a launching pad for innovative ways to lead by example,” says Salima Moolji, Executive Director of the Dallas 2030 District.