greengenuity® is our commitment to do all that is practical to reduce our environmental impact in developing and operating shopping centers. We believe our commitment to greengenuity leads to better risk management and cost savings, improves our communities, encourages innovation, and is in the best interest of our shareholders.
This ongoing commitment can be seen through steady improvement in our sustainability performance in five key areas.
Green Building Certification
Since 2009, 63% of our development and redevelopments projects have sought LEED certification.1 We currently have 17 LEED registered projects, including seven that have received final certification, three in pre-development and seven that are currently under construction.
*Excludes projects < $5 million.
We have completed energy-efficiency projects at 28% of our shopping centers, reducing our energy consumption by over 10.2 million kilowatt hours since 2010.
We have implemented water management practices at 28% of our properties and reduced our water consumption by 509 million gallons since 2009. We have also increased our use of reclaimed and other sources of no potable water.
We have reused or recycled over 32,703 tons of Construction and Demolition (C&D) material since 2009.
Our first solar energy system was installed at the Boston-area Shops at Saugus, generating 656,667 kilowatt hours of renewable energy since inception in 2011.
Learn more through greengenuity success stories.