J acksonville, FL-based Regency Centers is seeking LEED Core and Shell certification for Shops on
Main, a 350,000-sf town center in Schererville, IN. It is scheduled for delivery in May 2009.
LEED certify 20% of its 2008 development
starts, 40% of 2009’s starts and 60% of its
2010 developments. Starting this year, the
company will incorporate LEED certification into redevelopments of existing properties. Additionally, Regency’s Greenlight
program, a component of its overall plan,
also offers a baseline of sustainability measures, such as low-flow plumbing fixtures
and low volatile organic compounds,
which will be incorporated into all new
and existing centers.
Regency is also developing the first test
project for its collaboration with the
USGBC, the Shops of Santa Barbara in
Santa Barbara, CA. The 67,226-sf complex, to be anchored by Whole Foods, is
currently in the entitlement phase, notes
Smith. Through an all-encompassing
scoreboard, each participant in the devel-
opment of the mall will earn LEED points
for the green elements under their control.
The sum total of the points accumulated by
the various parties will determine whether
the shopping center achieves LEED designation. All participants could then receive
LEED certification recognition.
Smith suggests that the old piecemeal
approach created a tough bureaucracy,
making it difficult for any one entity to gain
enough LEED points for certification. “It’s
been very expensive and time consuming
to get a lot of these projects done. Starting
with the Santa Barbara prototype, this new
process will allow retailers and developers
to share points, so we can certify the entire
shopping center. That has not existed in
the past,” he says.
Once the entitlements are in place for
the Shops of Santa Barbara, the CIO
Financial services firm Wachovia is participating
in the LEED portfolio pilot, with plans to build 300
LEED-certified financial centers by 2010.
UK-based grocery chain Tesco’s green inclinations can be evidenced in Fresh & Easy’s Laguna Hills, CA
location. The store incorporates green features such as LED lighting in freezers and cooler doors.
expects delivery in about 18 months. The
prototype is one of four Regency developments currently seeking LEED certification. Last fall, the company began construction on Shops on Main, a 350,000-sf
town center in Schererville, IN that is registered for LEED Core and Shell certification. The project is scheduled for delivery
in May 2009.
Also seeking LEED CS certification is the
company’s Jefferson Square in La Quinta,
CA. Ground work on the 102,414-sf center
is set to commence in the spring, with comp letion targeted for the same time a year
l ater. In December 2007, Regency signed
o n Tesco’s Fresh & Easy Neighborhood
M arket to be the lead anchor at Jefferson
S quare. Given the UK-based grocery
c hain’s green inclinations, the pairing was a
n atural fit, Regency notes.
Three months prior to signing the lease
w ith Regency, Fresh & Easy was selected to
p articipate in the USGBC portfolio prog ram for LEED volume certification. Now
i n its pilot phase, the program is meant to
s treamline the documentation and certifica-t ion process by “recognizing standardized
a nd consistently delivered performance
t hroughout a portfolio of new or existing
b uildings,” says USGBC.
While the program is open to all prop-e rty types, the platform is particularly useful
f or retailers who roll out hundreds of units a
y ear, much like Wachovia.
The Charlotte, NC-based financial ser-