Compo Acres Shopping Center holds a strong position in the market and a high demand from quality national tenants for available space. This offered an opportunity to upgrade the look and operational efficiencies at the center. The center now has a fresh new façade and uses efficient LED lighting.
Kirkman Shoppes was an antiquated shopping center with a poor layout and inefficient building systems. We transformed the property into a well thought out and efficient shopping center, installing 25 LED parking lot lights, estimated to save 182,000 KWH per year, and utilizing native & drought tolerant landscaping.
South Beach Regional is the original power center in this market, but we knew we could take it to the next level. We recycled 90% of the construction waste generated from the Trader Joe’s building construction and 50% of the waste generated from the façade improvements. LED light fixtures were used throughout building areas and LED strips to accommodate backlighting on new façade elements.
When our grocery tenant vacated Alafaya Commons, it was an opportunity for us to re-tenant, revitalize, and transform this property. In addition to demolishing the existing structure to make way for something new, 38 high-efficiency LED fixtures were installed that use 80% less energy than the old metal halide technology, reclaimed asphalt was reused and cool roofing materials were installed.
The recent transformation of Lake Mary Centre was the culmination of a perfect storm. Multiple anchor lease expirations, increased tenant demand, and a hot retail environment made this property a perfect candidate for a redevelopment opportunity. 80% of total construction waste was recycled and 125,000 SF of cool roofing materials was installed.
Boynton Plaza is an important center for Equity One and was ripe for redevelopment. Since this property hadn’t been improved since 1999, we knew we could meet the needs of our tenants and improve the site’s efficiency. 100% of the total construction waste generated (3,274 tons) was recycled. In addition, 67 pole-mounted LED fixtures were installed, estimated to save more than 200,000 KWH per year.
During 2015, the total number of operating properties under our waste program was 91. These 91operating properties, in addition to our corporate and satellite offices, generated a total of 33,587 tons of nonhazardous waste. Of the total waste volume, 12,491 tons (or 37%) was made up of recyclable materials, and 9,062 tons were incinerated.
Total Waste Diversion
for properties in 2015
Our main objective in our energy consumption strategy is composed of controlling the light sources in off hours and replacing inefficient light fixtures with the most efficient LED technology on the market. These replacements not only improve energy efficiency, but also reduce repair and maintenance expenses, reduce liability exposure, and improve aesthetics for our tenants and patrons.
LED Fixtures Converted
from metal halide fixtures
In 2015, we executed cool roofing projects on 91% of the roof areas that were replaced across our portfolio. We continued our long-term strategy of seeking opportunities across the portfolios to use cool roofing materials in all roof replacement activities. We have also partnered with local utility companies to maximize our ability to recover all available rebates and incentives.
Cool Roofing Replaced
of total sq. ft. in 2014
Cool Roofing Replaced
of total sq. ft. in 2015
As part of our ongoing efforts to support use of alternative transportation in the communities where Equity One does business, we have identified several future sites where we plan to install additional electric car charging stations. In the near future, Equity One has made the decision to install new charging stations at The Gallery at Westbury Plaza, Westbury Plaza, Buckhead Station, South Beach Regional, Sheridan Plaza and Shops at Skylake. Car charging stations were previously installed at Equity One’s Boca Village, Serramonte and Potrero.
Car charging stations
at existing properties
Car Charging Stations
for future properties
Culture is driven from the top down and EQY’s exectutive team promotes a positive, collaborative, entrepreneurial culture.
At EQY we are thinking about how work can be simplified and on how can we invest in systems that are easier to use and more integrated.
At Equity One, we have a strong focus on retaining our talent and have been successful in doing so.