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 economic resources.”
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:
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Three development and redevelopment projects achieved LEED
certification, plus half of new starts are seeking the LEED designation
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Energy-efficient lighting projects saved 3.6 million kilowatt hours of
electricity, a 75 percent increase over prior year
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Water savings stayed consistent at 106 million gallons through smart
water management practices
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Installed company’s first solar energy system at a Boston-area
shopping center which generated 296,000 kilowatt hours of renewable
energy for the year
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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.
Energy Efficiency
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.
Water Conservation
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.
Renewable Energy
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.
Waste Reduction
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 self-managed.
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