Park Val Apartments – Case Study


ParkVal Apartments

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188 resident market rate housing property

in St. Louis, MO

Total estimated project cost: ~$114,579

Utility Incentive: ~$50,101

Estimated Owner Cost: ~$64,478

Project Payback: ~4.6 Years

Annual savings obtained through upgrading exterior WallPacks, efficient in-unit lighting, water measures (New aerators in the Kitchen and bathroom and new showerheads), heat pumps, and an Energy Star pool pump.

ICAST is a nonprofit social enterprise providing social, economic and environmental benefits to local communities including achieving affordability of housing, impacting climate change and creating local jobs through green upgrades of multifamily apartments.
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