Case Study: The Sinclair Hotel, Tarrant County PACE
Built in 1929, the Sinclair Building, one of Fort Worth’s art deco gems, started life as a bank, and later served for decades as an office building. In 1992 the National Register of Historic Places designated the building as historically significant. Rehabilitating a historic building can be a costly venture. Property owners are often forced to “value engineer” renovations by cutting energy and water efficiency. Accessing future operating savings rarely justifies the diversion of significant existing capital from the core business or company growth.