BEACHWOOD, Ohio, April 1, 2011 /PRNewswire/ -- Developers
Diversified Realty Corporation (NYSE: DDR) today announced the
company earned the 2011 ICSC Foundation Western Region Community
Support Award as well as the 2011 Overall U.S. Community Support
Award for its Giving Children Hope program at Buena Park
Downtown in Buena Park,
California.
The announcement was made at the International Council of
Shopping Centers' (ICSC) Fusion Conference in Hollywood this week during the MAXI Award
Ceremony.
A MAXI Silver recipient in the Cause-Related Marketing Category,
Giving Children Hope by Buena Park Downtown was a food drive
for local families in which the center solicited a local radio
station and popular teen idol, Jason Derulo, and scheduled a
benefit concert where food donations were the price of admission.
The center collected 8,000 pounds of food, exceeding the charity's
collection goal by over 500 percent.
"Developers Diversified is committed to making a difference in
the communities in which it operates, and this tremendous honor for
Buena Park Downtown validates the effort across our entire
portfolio," said David J. Favorite,
senior vice president of property management for Developers
Diversified. "It is especially gratifying that this prestigious
award will result in increased publicity, awareness and financial
support for the Giving Children Hope charity in Buena Park."
Because Developers Diversified earned both the Western Region
award and the Overall U.S. award, the Giving Children Hope charity
in Buena Park will receive two
gifts of $5,000 from the ICSC
Foundation.
The ICSC Foundation Community Support Award program was created
to encourage and recognize outstanding community support and
corporate social responsibility campaigns by shopping centers or
shopping center development or management companies.
About ICSC Foundation
Established in 1988, the ICSC Foundation is the leading and most
prestigious foundation for the retail real estate industry and is
the non-profit public charity of the International Council of
Shopping Centers, Inc. Our mission is to promote and reward
community support efforts and provide undergraduates, graduates and
retail real estate practitioners educational scholarships.
About Developers Diversified Realty
Developers Diversified owns and manages approximately 570 retail
operating and development properties in 41 states, Brazil, Canada and Puerto
Rico. Totaling approximately 132 million square feet, the
Company's shopping center portfolio features open-air,
value-oriented neighborhood and community centers, mixed-use
centers and lifestyle centers located in prime markets with stable
populations and high-growth potential. Developers Diversified is
the largest landlord in Puerto
Rico and owns a premier portfolio of regional malls
primarily clustered around Sao Paulo,
Brazil. Developers Diversified is a self-administered and
self-managed REIT operating as a fully integrated real estate
company. Additional information about the Company is available on
the Company's website at www.ddr.com.
SOURCE Developers Diversified Realty Corporation