Erwin Bucy, Regency Centers vice president of investments, notesthat all tenants at the center will remain open during theconstruction. Seal Beach Center is anchored by a 48,000-sfPavilions supermarket, a 15,000-sf drive-through CVS pharmacy,Wachovia, Radio Shack, Great Clips, Seal Beach Realty, Coach'sSports Grill and Daily Grind Coffee.

The redevelopment of the center, which was first developed inthe 1960s, features modern Spanish architecture, red tile roofs,new landscaping, new signage and site work. Improvements to thecenter include new pedestrian walkways, updated light fixtures toprevent light spillage, new storefronts and added screen walls andlandscaping to mitigate noise. The project, which occupies a siteof roughly nine acres, has transformed what was an approximately87,000-sf center into a newer, larger venue.

Bucy notes that the project, at the main entrance to DowntownSeal Beach, received unanimous approval from the City of Seal BeachPlanning Commission and approval from the California CoastalCommission. Before Regency took it over, the property suffered fromoutdated architecture and limited landscaping, along with otherissues, according to the REIT.