Glenn Heights Expands Its Economic Development Toolbox by Adopting Texas PACE

GLENN HEIGHTS, Texas – The City of Glenn Heights has partnered with Texas PACE Authority (TPA) to make Texas PACE financing available to commercial property owners and developers, providing a new tool to support investment, improve project economics, and encourage long-term economic growth in the community.
Located along the I-35 corridor and spanning both Dallas and Ellis counties, Glenn Heights has become one of North Texas' fastest-growing communities. The city continues to attract new residents, businesses, and commercial investment thanks to its strategic location, business-friendly environment, and commitment to thoughtful development. More than half of the city's developable land is located along major arterial intersections, providing significant opportunities for future retail, office, industrial, and mixed-use projects.
By making Texas PACE available, Glenn Heights is expanding its economic development toolkit with a financing solution that can help attract investment, improve project feasibility, and support the incorporation of energy and water-saving improvements in commercial properties.
“The PACE program offers our local businesses an opportunity to finance major projects through savings while helping the City meet its business retention goals.” - Clifford Blackwell, City Manager, City of Glenn Heights
Supporting Sustainable Growth
As Glenn Heights continues to grow, developers are seeking innovative financing solutions that improve project economics while delivering buildings designed for long-term performance.
PACE financing allows commercial property owners to secure long-term, competitive financing for qualified improvements such as:
- Energy-efficient HVAC systems
- Building automation and controls
- High-performance lighting
- Water conservation systems
- Renewable energy installations
- Building envelope improvements
- Resiliency measures
Unlike traditional financing, PACE can finance up to 100% of eligible project costs and is repaid through a voluntary property assessment, helping preserve capital for other development needs.
For growing communities like Glenn Heights, this means developers have greater flexibility to invest in higher-performing buildings without increasing the financial burden on local taxpayers.
Strengthening Glenn Heights' Competitive Advantage
Glenn Heights has established itself as a community focused on responsible growth, strategic planning, and creating an environment where businesses can thrive. The city's Planning & Development Services Department emphasizes efficient land use, long-range planning, and collaboration with developers to shape the community's future.
The addition of PACE financing complements these goals by providing another resource that can help attract investment while encouraging sustainable development practices.
Whether supporting new construction, adaptive reuse, industrial facilities, hospitality projects, medical offices, multifamily developments, or commercial renovations, PACE financing gives property owners another option to improve project feasibility and long-term building performance.
A Partnership with Texas PACE Authority
As the administrator of Glenn Heights' PACE program, Texas PACE Authority will guide property owners, lenders, capital providers, and city staff through every step of the financing process.
TPA provides:
- Education and outreach to developers and commercial property owners
- Technical support throughout the financing process
- Coordination between lenders, property owners, and local government
- Program administration from application through project completion
By partnering with Texas PACE Authority, Glenn Heights joins a growing network of Texas communities using PACE financing to encourage investment, strengthen local economies, and support high-performing commercial development.
Looking Ahead
With continued residential and commercial growth across southern Dallas County and northern Ellis County, Glenn Heights is well positioned to capitalize on new investment opportunities. Making Texas PACE available reflects Glenn Heights' commitment to providing innovative financing tools that support commercial investment, strengthen the local economy, and help property owners improve building performance while reducing operating costs.
Commercial property owners interested in learning more about PACE financing opportunities in Glenn Heights are encouraged to contact Texas PACE Authority to determine whether their project qualifies.
Interested in bringing PACE to your next commercial project? Texas PACE Authority is available to help property owners, developers, lenders, and contractors explore financing opportunities in Glenn Heights and communities across Texas.
