Regency Centers Corporation (“Regency”), a national owner, operator, and developer of grocery-anchored shopping centers, has announced the achievement of LEED Silver Certification for The Village at La Floresta, in Brea, California. This accolade adds to Regency’s already substantial list of 16 LEED Certified developments, further establishing Regency as an industry-leader in sustainability.
The project’s highly desirable in-fill location promotes community connectivity, walkability and enables residents to reduce emissions and vehicle miles travelled. The buildings’ high-performance design will reduce annual energy consumption by 448-megawatt hours – providing significant benefits for tenants – while also avoiding over 450,000 lbs. of greenhouse gas emissions each year. Native and drought-tolerant landscaping and high-efficiency plumbing fixtures will reduce water consumption over 260,000 gallons annually – of critical importance given the extreme drought in Southern California. Regency’s construction team also implemented a robust construction waste management plan resulting in the recycling of over 360,000 pounds of construction debris and refuse.
“I couldn’t be more proud of this development,” said John Mehigan, Senior Vice President and Senior Market Officer for Regency Centers. “Achieving LEED Silver is a big honor with so many benefits for our city and community, and only enhances an already great property and mix of retailers.”
The Village at La Floresta is a ground-up development anchored by the first Whole Foods Market in North Orange County.
About Regency Centers Corporation
With more than 50 years of experience, Regency is the preeminent national owner, operator, and developer of high-quality, grocery-anchored neighborhood and community shopping centers. The Company’s portfolio of 314 retail properties encompasses more than 40-million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has developed 222 shopping centers since 2000, representing an investment at completion of more than $3 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.
