Our Illumi-Nation program made its way into the new year on a high note with approximately 50 percent of our top-tier sites now retrofitted with LED lights. We are well on the way to achieving Kimco’s energy reduction goal of a 10 percent reduction in same-site consumption within our operational control.… Read More

Kimco’s Illumi-Nation project has been a popular topic on both this blog and in the media at large. I recently sat down with REIT.com at their Leader in the Light Working Forum 2016 to give them an update on the program.… Read More

Our insights on Kimco’s business progress and perspectives regarding retail real estate attracted news media nationwide throughout the third quarter. Notably, CRE Radio called upon CEO Dave Henry to help educate the industry about ongoing developments with the Marketplace Fairness Act, and National Real Estate Investor tapped Executive Vice President and COO Conor Flynn to share his viewpoints on up-and-coming retail concepts.… Read More

We’ve gone in-depth in the past on how we are working to reduce energy usage across our 537 shopping centers. Much of the recent headway in achieving our goals is the result of launching our Illumi-Nation program last year. This year, we entered the second phase of the program, spending over $6 million to upgrade to high-performance LED lighting at 62 of our Tier 1 properties.… Read More

In October of last year, Kimco announced the Illumi-Nation program, our biggest sustainability program to date and the latest rollout under our Best-in-Class umbrella. Through Illumi-Nation, we had committed $9 million in 2015 to upgrade the lighting in 100 of our Tier 1 properties by year end, and the program will carry us through 2019.… Read More

Kimco recently completed outdoor lighting retrofit projects at two of our shopping centers, Oakcreek Village in Durham, N.C., and Chatham Plaza in Savannah, Ga. Our goal was to improve the quality of nighttime lighting while also reducing energy expenses. The results were significant.… Read More

Any way you measure it, Kimco’s energy savings efforts have achieved significant results in a short period of time. Since officially launching our corporate responsibility program in 2011, we have reduced same-site energy consumption within the company’s operational control by 15 percent.… Read More

Conserving energy and reducing operating expenses through property retrofits have been issues of growing importance to Kimco over the past several years. Through our award-winning Gateway Building Controls Program we have installed state-of-the-art systems at the majority of our Tier 1 properties that allow for advanced control and monitoring of exterior lighting by property managers.… Read More