DC Green Bank and PACE Equity joined Valor Development to celebrate the opening of Sixty DC, a new energy-efficient hotel in Dupont Circle. Financed through DC Green Bank’s leadership of the DC PACE program, this new development converted an empty office building into a boutique hotel featuring a restaurant and rooftop bar. The hotel will create a new anchor to boost the growth of downtown DC and the Golden Triangle.
C-PACE funding, provided by PACE Equity, financed the installation of a highly efficient HVAC system, improved insulation, LED lighting, and water-efficient fixtures that will save nearly $50,000 in annual utility costs. The hotel is also expected to create nearly 150 hospitality jobs.
Investments in projects like Sixty DC are supporting the Mayor’s Downtown DC Action Plan by repurposing underutilized office space into dynamic businesses that bring people to the neighborhood and create opportunities for communities to thrive.
“A vibrant Downtown is the energetic, cultural, and economic heart of our city,” said Deputy Mayor Nina Albert. “The Sixty DC Hotel will add to the choices available for DC’s visitors and serve as a new employer in the Downtown area. Supported by DMPED’s Downtown Recovery Grant, this project is a great example of how we can convert underutilized office space into a dynamic new use.”
“PACE financing is a catalyst for economic growth, and PACE Equity’s investment in Sixty DC is a prime example,” said Brandi Colander, Interim CEO of DC Green Bank. “By making it easier for developers to invest in energy efficiency and resiliency, the DC PACE program is supporting investment in downtown, cutting utility costs, and creating jobs.”
“We’re excited to bring Sixty DC to this vibrant neighborhood and provide a new destination for visitors and locals alike to experience,” said Will Lansing, Founding Principal of Valor Development. “DC Green Bank and PACE Equity not only made this project possible, but helped us realize the benefits and savings of investing in energy efficiency.”
“Sixty DC was our first C-PACE project in DC and shows how our capital can transform buildings and communities,” said Beau Engman, president and founder at PACE Equity. “We are thrilled to be partners in this project and look forward to making more projects like this happen by providing low-cost, strategic capital.”
Sixty DC Ribbon Cutting Press Release 10.15.25