Greenway Town Center redevelopment rendering, Tigard, OR
PORTLAND, OR -- (BUSINESS WIRE)-- Regency Centers
Corporation (NYSE:REG), a national owner, operator and developer of
grocery-anchored and community shopping centers, announced the redevelopment of
Greenway Town Center, a 93,000-square-foot neighborhood center located
in Tigard, Ore.
 |
| Craig Ramey |
As part of the
center’s enhancements, Whole Foods Market, the world’s leading natural
and organic foods supermarket, will open a 37,500-square-foot store in 2014.
The $6 million
redevelopment will include a new exterior façade with cedar wood accents,
upgraded architectural components, parking lot improvements and new site
lighting, landscaping and signage. All retailers will remain open during the
redevelopment, which is scheduled to begin in August.
“Whole Foods Market will offer area residents an exciting
new grocery experience and add vibrancy to this established center,” said Craig
Ramey, senior vice president and market officer for Regency Centers. “The
significant investment of Regency Centers and Whole Foods Market will further
improve the grocery options in the surrounding community.”
As part of the Regency’s greengenuity® program to reduce the
environmental impact of developing and operating shopping centers, Greenway
Town Center will incorporate a number of sustainable elements such as
energy-efficient lighting, an upgraded storm water retention system and
water-efficient landscaping.
Just 12 miles southwest of Portland, Greenway Town Center is
located at the northwest corner of SW Scholls Ferry Road and SW 121st Avenue in
Tigard, Ore. with daily traffic counts of 37,000. For leasing information,
contact Kalin Berger at 503-603-4700 or KalinBerger@RegencyCenters.com.
The center was built in 1979 and acquired by Regency in
2005. Regency owns and operates 10 centers, totaling 834,000 square feet, in
Oregon. The properties are managed by an 11-member team with an office in Portland.
For a complete copy
of the company’s news release, please contact:
Cohn Marketing
Allyse Sanchez, 303-839-1415, ext. 41
or
Regency Centers Corporation
Craig Ramey, 503-603-4700
Senior Vice President, Market Officer
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