STORE SPACES

LEED for Retail and LEED Volume Program make their official debuts

BY CSA STAFF

Chicago — The U.S. Green Building Council (USGBC) on Thursday launched two, long-awaited green building programs: LEED for Retail, and the LEED Volume Program (usgbc.org/leed/retail).

The LEED for Retail rating system recognizes the unique design and construction needs of the retail sector, enabling retailers to integrate green building design, construction and operation into ground-up construction, retail interior and build-out projects. Nearly 100 retailers and quick-serve restaurants, including Bank of America; Best Buy; Chipotle; Wells Fargo; Citigroup; Kohl’s; LL Bean; McDonald’s; Pizza Fusion; Starbucks; and Target, have participated in the pilot program since its launch in 2007.

“LEED for Retail builds on the strengths of other commercial LEED rating systems while taking special care to address the distinct needs of retail spaces, from occupancy demands to waste streams, energy and water use,” said Scot Horst, senior VP LEED, USGBC.

The LEED Volume Program is designed to meet the certification needs of high-volume chain retailers and other property developers. Using a prototype-based approach, the Volume Program enables large-scale organizational builders to deliver a consistent end product, thereby earning LEED certification faster and at a lower cost than would be possible with individual building reviews.

“With a more cost-effective, streamlined process, the largest users of LEED are now able to make a larger impact on their building portfolio without compromising the technical rigor LEED has come to stand for,” Horst said. “This program enables us to move further faster to our goals of green buildings for all within a generation.”

“The Volume Certification Program simplifies that process and dramatically increases the incentive for retailers like us to pursue certification," added Gary Saulson, director of corporate Real Estate, PNC Financial Services Group. Over 70 PNC projects have certified under the LEED Volume Program.

The LEED for Retail rating system was voted on and approved by 92% of the USGBC membership in March 2010. USGBC recently created LEED for Retail Reference Guides and a LEED Online documentation tool.

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STORE SPACES

LEED building projects total 1 billion sq. ft.

BY CSA STAFF

Washington, D.C. — The total footprint of commercial projects certified under the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) Green Building Rating System has surpassed 1 billion sq. ft.

Another 6 billion sq. ft. of projects are registered and currently working toward LEED certification worldwide. Since it was first introduced to the marketplace in 2000, more than 36,000 commercial projects have participated in LEED.

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Regency Centers scores high in Southeastern Corporate Sustainability Rankings

BY CSA STAFF

Jacksonville, Fla. — Shopping center owner and developer Regency Centers announced Tuesday it has been ranked in the top quintile of 280 publicly traded companies headquartered in the Southeastern U.S. for its environmental, social, and governance factors and policies.

Regency received the honor as part of the first annual Southeastern Corporate Sustainability Rankings performed by Boston-based KLD Research and Analytics.

“We’re extremely pleased to be included in an impressive list of publicly traded companies committed to corporate sustainability,” said Brian Smith, Regency’s president and COO. “Moving forward, we will strive to continue our leadership position in our industry as we explore even better ways to incorporate sustainability into our operations.”

KDL developed the custom regional ranking methodology for GreenBusiness Works, an Atlanta-based organization dedicated to creating awareness and providing education to businesses and industry regarding corporate sustainability. The companies are ranked into five statistical groupings, or Quintiles, with those in the first Quintile scoring best and those in the fifth scoring worst.

Regency currently owns 399 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompasses 53.1 million sq. ft.

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