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Shopping Centers Eyeball New Green Technology

Developers, consultants at RECon trade on the notion of saving money by going green, if you pick the right ways to adjust.

By Debra Hazel | Updated on May 22, 2009

LAS VEGAS-A combination of old centers and new green technology could result in major savings for shopping center developers, said speakers at ICSC’s RECon meeting, which concluded here yesterday.

With many malls now hitting the quarter-century mark, opportunity exists to improve sustainability on a number of levels, using the latest technology in lighting and HVAC, while taking advantage of new subsidies to improve the bottom line.

Lighting technology, in particular, has evolved rapidly in recent years. “Lighting is nuts and bolts, but we’ve hit this moment in the industry where a lot of new technology will be a catalyst,” said Jeffrey Bedell, vice president of sustainability for Macerich Co., Santa Monica, CA. “Sylvania has said that 80% of what’s in their catalog will not be there in five years.” In fact, noted GO, his firm is looking at relighting sites that were done just a few years ago.

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