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December 6, 2007

Retail Industry Will "Walk the Talk" of Green Building in 2008

CoStar Group
by Sasha M. Pardy

This article looks at efforts by developers of retail space to be more green in their plans:

The retail real estate industry is making great strides in catching up with its office and industrial counterparts in terms of embracing standards for green development as demonstrated by the development of standards for retail space between the two major certifiers of sustainability and green issues.

Forest City is included in a list of developers striving for LEED certification:

Regency Centers is one of the developers that have made public their commitment to achieving LEED certification at their new shopping center developments that is working to get the Core and Shell and Retail CI programs working in conjunction to achieve certification. Others working towards the same goal include Forest City, Macerich, Westfield, Federal Realty, and more.

We hope Forest City does better in other cities than in New York. Forest City Ratner originally said it would obtain LEED certification for the Times Tower, but later decided not to apply for certification.

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Posted by steve at December 6, 2007 4:30 AM