C-PACE Financing Strengthens Hospitality Development

Client: Jackson-Shaw Company

Location: Las Vegas, Nevada

Project Type: New Construction

Owned and developed by Dallas-based firm JacksonShaw, the Symphony Park hotel is a five-story 441-key hotel under the dual brands of AC by Marriott & Element by Westin. The development is in Las Vegas’ Symphony Park, a redevelopment site in the heart of the city. PACE Equity Finance provided $40 million in C-PACE financing to support the project’s capital stack, replacing higher-cost debt fund capital.

  • Hospitality (Flagged)
  • 441 Keys
  • 30-Year Term
  • 40 Million Financing

Located on 61 acres in downtown Las Vegas, Symphony Park is the city’s premier development location – home to arts, culture, science and medicine. It offers one of the city’s most exciting and prime opportunities for retail, restaurant or mixed-use development.

The development was capitalized with approximately 24% C-PACE, 36% equity, and 40% construction financing.

Additionally, the deferred payment with capitalized interest structure ensures financial flexibility through construction and project stabilization.

With PACE Equity’s financing, the AC by Marriott & Element by Westin is the first hotel in the Symphony Park district of Las Vegas. The hotel opened in September, 2025.

Photo of the AC Marriott & Element by Westin after opening

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