Financing Amount: $1,087,155

Property Summary:

The Philadelphia Energy Authority, Greenworks Lending LLC and
Golaski Labs, LP executed the financial close of Golaski Labs to
use C-PACE financing for an energy efficiency and water
conservation project. The project is a substantial renovation of
an existing two-story building, connected to a new multifamily
residential tower. C-PACE financing is for the 25,000 SF of
commercial space to house a restaurant, offices, makerspace and
a multi-cultural co-working community. C-PACE is only
being used to fund improvements in the commercial portion of
the building.

The building is located at 4537 Wayne Avenue in the
Germantown neighborhood of Philadelphia.