Regency Centers Corporation is a national owner, operator, and developer of grocery-anchored and community shopping centers. They recently acquired the Balboa Mesa Shopping Center in San Diego and have begun construction on a renovation project. The renovation will include traffic flow and pedestrian-friendly improvements, architectural updates, increased square footage, and eco-friendly enhancements. The goal is to enhance the appearance, retail options, and consumer experience at this neighborhood center.
The first phase of the renovation will include the addition of an outdoor plaza and eating area, updated interior retail buildings, reconfigured entrances, new pedestrian pathways, and improved parking. Regency also plans to add approximately 16,000 square feet of retail space and incorporate sustainable elements to reduce the environmental impact of the center. They are seeking LEED certification for the Balboa Mesa Shopping Center.
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