“In light of last week's fire, the November 7 opening demonstrates our steadfast commitment to making Santana Row rewarding and successful for the community, our tenants and our shareholders,” says Steven Guttman, chairman and CEO of Federal Realty. “Words cannot express our appreciation for the outpouring of support from the city of San Jose, surrounding neighborhoods, merchants and future residents during the past week.”

Phase I of Santana Row is comprised of nine buildings. The damaged building was the largest and contained 18 percent of the retail space, 940 retail parking spaces and nearly half of the Phase I residential units.