Regency Centers’ 2012 greengenuity® Metrics Show Improvements in
JACKSONVILLE, Fla. -- March 27, 2013
Regency Centers (NYSE:REG), a national owner, operator and developer of
grocery-anchored and community shopping centers, increased its annual energy
savings by 75 percent, achieved LEED® certification for three projects and
tripled the amount of construction and demolition material recycled in 2012.
These sustainability improvements are just three of the metrics illustrating
the company’s ongoing commitment to reduce the environmental impact of
developing and operating shopping centers through its greengenuity® program.
“We believe our commitment to greengenuity leads to better risk management and
cost savings, improves our communities, encourages innovation and is in the
best interest of our shareholders,” said Mark Peternell, vice president of
sustainability for Regency Centers. “Our 2012 performance metrics are the
strongest yet in our ongoing effort to be responsible stewards of natural and
Regency measures its greengenuity progress through steady improvement in five
key areas: green building certification, energy efficiency, water
conservation, renewable energy and waste reduction.
Included is an infographic representing Regency’s sustainability achievements
during the past four years. 2012 highlights include:
*Three development and redevelopment projects achieved LEED certification,
plus half of new starts are seeking the LEED designation
*Energy-efficient lighting projects saved 3.6 million kilowatt hours of
electricity, a 75 percent increase over prior year
*Water savings stayed consistent at 106 million gallons through smart water
*Installed company’s first solar energy system at a Boston-area shopping
center which generated 296,000 kilowatt hours of renewable energy for the
*More than 13,522 tons of construction debris was reused or recycled, a 354
percent improvement over 2011.
Green Building Certification
Last year, three Regency projects achieved LEED certification, including new
development Market at Colonnade in Raleigh, N.C.; Mariano’s Fresh Market at
redeveloped Roscoe Square in Chicago and redevelopment Granada Village in Los
Angeles. Since 2009, more than 60 percent of the company’s major development
and redevelopment projects have sought LEED certification, and of those
projects started in 2012, nearly half are seeking certification.
Regency has reduced its energy consumption since 2010 by 5.9 million kilowatt
hours. In 2012, the company saved 3.6 million kilowatt hours. Networked
lighting controls at 96 shopping centers, which remotely control on-off
schedules of site lighting systems, combined with LED lighting and more
efficient HID lamps, account for the majority of these savings.
In the area of water conservation, the company has implemented smart water
management practices at 98 properties. An example includes the implementation
of smart irrigation controllers, which adjust the irrigation schedule based on
local weather conditions and other parameters. As a result, Regency has
reduced water consumption by 401 million gallons since 2009 and 106 million
gallons in 2012 alone.
Regency installed a rooftop solar panel array at the Shops at Saugus, located
in the Boston suburb of Saugus, which generated 296,000 kilowatt hours of
renewable and zero-emission energy last year. Plus, the company purchased
2,600 Renewable Energy Certificates, or off-sets.
Since the introduction of a construction and debris recycling program, Regency
has reused more than 16,994 tons of material on its development and
redevelopment sites. As investment in Regency’s portfolio of shopping centers
accelerates with an improving economy, more than 13,522 tons of the savings
occurred in 2012.
About Regency Centers Corporation (NYSE:REG)
Regency is the preeminent national owner, operator and developer of dominant
grocery-anchored and community shopping centers. As of December 31, 2012, the
Company owned 348 retail properties, including those held in co-investment
partnerships. Including tenant-owned square footage, the portfolio encompassed
46.3 million square feet located in top markets throughout the United States.
Since 2000, Regency has developed 209 shopping centers, including those
currently in-process, representing an investment at completion of more than
$3.0 billion. Operating as a fully integrated real estate company, Regency is
a qualified real estate investment trust that is self-administered and
Photos/Multimedia Gallery Available:
Lisa Wieting, 720-233-791
Mark Peternell, 303-300-5331
Vice President, Sustainability
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