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Regency opens three new developments in Colorado and North Carolina


Jacksonville, Fla. -- Regency Centers announced that it has opened three new grocery-anchored shopping centers totaling 263,000 sq. ft. over a 30-day period.

The centers -- Market at Colonnade in Raleigh, N.C., Harris Crossing in Wake Forest, N.C. and NorthGate Village in Greeley, Colo. – represent a combined investment of $41 million.

Market at Colonnade is a 57,503-sq.-ft. neighborhood center anchored by Whole Foods Market and includes 17,503 sq .ft. of additional retail space. Whole Foods Market opened March 16.

In keeping with Regency’s greengenuity program, Market at Colonnade sets a new standard for environmentally responsible development as the first retail project in the Triangle designed and constructed to meet the LEED Core and Shell standards established by the U.S. Green Building Council. Also, Regency partnered with the City of Raleigh and NC State University on an innovative storm water management system recognized by the North Carolina Clean Water Management Trust Fund.

Additionally, Whole Foods Market designed and constructed its store interior to meet the USGBC certification for LEED v2.0 Commercial Interiors, and partnered with the National Renewable Energy Laboratory as part of the U.S. Department of Energy's Commercial Building Partnerships, an effort to dramatically reduce energy use in both new construction and existing commercial buildings using cost-effective strategies.

Just 16 miles northeast of Market at Colonnade, Harris Crossing, a 65,150-sq.-ft. neighborhood center, is anchored by Harris Teeter, which opened a 53,282-sq.-ft. store on Feb. 23.

NorthGate Village is a 139,912-sq.-ft. neighborhood center, anchored by a 120,536-sq.-ft. King Soopers. This location is the first Marketplace super center for the grocer and the largest King Soopers in the state. NorthGate Village opened Feb. 23.

The three centers are part of Regency’s 29 in-process projects located in 13 states nationwide.

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