JACKSONVILLE, Fla.--(EON: Enhanced Online News)--Regency Centers Corporation has been recently awarded by the International Council of Shopping Centers (ICSC), who has announced the winners of the 2016 U.S. Design and Development Awards competition, recognizing excellence, innovation and creativity in the U.S. retail real estate industry. ICSC has named Regency Centers’ Westlake Plaza and Center in Los Angeles, and Persimmon Place in Northern California as Commendation winners in the categories of Renovations and Expansions, and New Developments.
Westlake Plaza and Center was redeveloped with the environment and community in mind throughout the process. The developer and designer chose to enhance its inherent look and feel instead of removing the overall aesthetic of the existing center. By incorporating indigenous stone, heavy timber shade trellises, custom fixture work, lush landscaping, and native oaks, the center now provides a comfortable, convenient, and relaxed lifestyle destination enabling it to achieve a commendation for Renovations and Expansions.
In order to achieve a Commendation for Sustainable Design, Persimmon Place, in the San Francisco Bay Area, had to demonstrate a strong adherence to sustainable best practices from start to finish. A focus was placed on creating an environmentally sound project, earning Persimmon Place a LEED Gold Certification. The center has become a place where practicality meets the luxuries of life in a contemporary setting, enhanced by unique hardscape design and decorative seating.
Professional recognition for these programs was given to the following individuals: Pete Knoedler, Senior Vice President of Investments; Patrick Conway, Vice President and Market Officer; Mark Peternell, Vice President of Sustainability; Alison Warner, Investments Manager; Brian Garcia, Project Manager.
The ICSC U.S. Design and Development Awards competition was open to shopping center owners, developers, management companies, architects, designers, retailers, and other professionals responsible for retail projects or retail store designs that demonstrated exceptional development or redevelopment characteristics with a high degree of creativity and uniqueness within the continental U.S. The competition focused on three general categories: Renovations and Expansions; New Developments; and Retail Store Design.
ICSC announced the winners during an awards ceremony at ICSC’s RetailGreen and CenterBuild Conference in Phoenix.
For complete details on all the winners, visit ICSC’s web gallery.
In addition, all 2016 U.S. Design and Development Gold Award winners are automatically entered into ICSC's prestigious VIVA Awards competition. The ICSC VIVA Awards recognize the retail real estate industry’s most cutting-edge properties, innovative solutions and creative responses to market trends throughout the world. The global awards will be presented at RECon in Las Vegas on May 21-24, 2017.
About Regency Centers Corporation (NYSE:REG)
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 307 retail properties encompasses over 42.1 million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has developed 223 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.
Founded in 1957, ICSC is the global trade association of the shopping center industry. Its more than 70,000 members in over 100 countries include shopping center owners, developers, managers, investors, retailers, brokers, academics, and public officials. The shopping center industry is essential to economic development and opportunity. They are a significant job creator, driver of GDP, and critical revenue source for the communities they serve through the generation of sales taxes and the payment of property taxes. These taxes fund important municipal services like firefighters, police officers, school services, and infrastructure like roadways and parks. Shopping centers aren’t only fiscal engines however; they are integral to the social fabric of their communities by providing a central place to congregate with friends and family, discuss community matters, and participate in and encourage philanthropic endeavors. For more information about ICSC visit www.icsc.org and for the latest news from ICSC and the industry go to www.thecenterofshopping.com.