REAL ESTATE

Regency Centers’ Jefferson Square receives LEED Gold

BY CSA STAFF

La Quinta, Calif. Regency Centers announced that its Jefferson Square shopping center in La Quinta, Calif., received LEED (Leadership in Energy and Environmental Design) for Core and Shell Gold certification by the U.S. Green Building Council.

The center, the first LEED-certified project in the city of La Quinta, is anchored by Fresh & Easy Neighborhood Market, slated to open in fall 2010, and a CVS/pharmacy, which is open for business.

According to Mark Peternell, Regency Centers’ VP sustainability, Jefferson Square’s LEED Gold certification represents a significant milestone for the company.

“We thank the project team, led by KTGY Group, for their commitment to our vision,” he said.

In addition to providing numerous benefits for the environment, Jefferson Square will also offer economic advantages for its tenants, Peternell said.

“This project is not only conserving energy and water and reducing harmful greenhouse gas emissions, but it will also lower operating costs and provide a healthier environment for our retailers and their patrons,” he explained. According to Peternell, Jefferson Square is expected to reduce its energy use by 35% compared with conventional buildings.

Through a partnership with public utility and third-party engineers, energy models for the center were used to determine the optimal combination of energy-efficiency measures, those that produce the greatest energy savings at the lowest possible cost. Peternell said the energy-efficiency measures will payback in less than one year, after taking into account a rebate provided by the local utility.

“The rebate dollars that we received were the icing on cake, as this is in addition to the on-going energy savings we will see year after year,” he added.

Regency implemented a variety of energy-efficient design strategies to achieve the savings. Because Jefferson Square is located in a desert environment, special care was given to building orientation and the use of shading devices to minimize solar heat gain. In addition to these passive solar strategies, the buildings use high-reflectivity roofing materials to reduce internal heat gain along with high-efficiency HVAC units and insulated low-emissivity glass.

Other steps that Regency Centers took to achieve LEED Core and Shell Gold Certification included preferred parking spaces reserved for hybrid or other low-emitting vehicles and an innovative storm water management system that captures 100% of the post-development run-off and percolates it into the ground.

Additionally, Regency recycled 32 tons, or 89%, of waste generated during construction. The shopping center also provides its tenants with guidelines to encourage the use of sustainability practices in the design, construction, and operation of their stores and restaurants.

Regency has six other shopping center projects currently seeking LEED certification, and will continue to integrate cost-effective sustainable design, construction, and operational practices into its core business initiatives.

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New execs named at Cabela’s

BY CSA STAFF

SIDNEY, Neb. Cabela’s has announced a series of executive promotions.

The six promoted executives are Patrick Snyder, Brian Linneman, Ralph Castner, Joseph Friebe, Charles Baldwin and Michael Copeland.

 

 

Patrick Snyder, formerly SVP of merchandising and marketing, has been promoted to EVP and chief marketing officer. Under Snyder’s leadership, the company is consolidating responsibility for its e-commerce and catalog businesses. He will continue his current responsibilities for market research/analysis, retail advertising, brand management and media relations.

 

Brian Linneman, formerly SVP global supply chain and operations, has been named EVP and chief merchandising officer. Linneman will be responsible for merchandising, planning, inventory, visual merchandising and strategic planning/process improvement.

 

Ralph Castner has been named EVP and CFO of Cabela’s and chairman of the board of World’s Foremost Bank. Previously VP and CFO, and chairman of the board of World’s Foremost Bank, the company’s wholly-owned bank subsidiary, Castner will continue his current responsibilities for finance, accounting, investor relations, tax, internal audit, legal, and risk management. He will also take on responsibilities for real estate, construction and facilities.

 

Joseph Friebe has been promoted to EVP of Cabela’s and president and CEO of World’s Foremost Bank. Previously VP, and president and CEO of World’s Foremost Bank, Friebe will continue to lead World’s Foremost Bank.

 

Charles Baldwin, formerly, VP and chief human resources officer, has been named EVP and chief administrative officer. Baldwin will continue his current responsibilities for human resources and take on responsibilities for information systems, call centers and the company’s outdoor adventures division.

 

Michael Copeland has been named EVP and COO. Previously VP of retail operations, Copeland will continue his responsibilities for retail operations in the United States, as well as asset protection, and will take on responsibilities for operations in Canada.

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B&N donates 1.1 million books

BY CSA STAFF

NEW YORK Barnes & Noble announced that it collected and donated more than 1.1 million books for children in need all over the country during its 2009 Holiday Book Drive. In addition, Barnes & Noble donated another 150,000 books to students in the New Orleans School District through Reader to Reader, a non-profit organization that distributes books to schools and libraries in need, and 50,000 to Toys for Tots, which collects and distributes toys as Christmas gifts to needy children.

“The Barnes & Noble Holiday Book Drive could not succeed without the passion of our booksellers and generosity of our customers,” says Sarah DiFrancesco, director of community relations. “This is a holiday tradition for us and what a great opportunity for our stores and customers to come together to donate new books for children in the community who really need them.”

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