Shopping-center developers could save big by going green when they renovate, said speakers at the RECon meeting Thursday in Las Vegas. More sustainable projects involving HVAC, lighting and solar glass can be incorporated, which will save developers more money in the long term.
RP Realty Partners is investing $25 million in the Walpole Mall in suburban Boston. The construction includes a 120,000-square-foot expansion, but the property is suffering leasing challenges in the bleak economy.
Roseville Square in Roseville, Calif., is getting a makeover, but the shopping center is still open. The building -- anchored by Trader Joe's -- is getting a new facade, and the center also will get updated signs and walkways.