Greenberg Gibbons Wins National Environmental “Phoenix Award” for Annapolis Towne Centre

Project Recognized for Outstanding Environmental and Community Revitalization in Brownfield Redevelopment

Owings Mills, Md. (November 23, 2009) — Greenberg Gibbons announced today that its Annapolis Towne Centre at Parole project, the new two-million-square-foot mixed-use development in Annapolis, Md., has received a Phoenix Award for excellence in brownfield redevelopment.

Widely recognized as the premier award of excellence in brownfield redevelopment and revitalization, the Phoenix awards honor individuals and groups who are working to solve critical environmental and community challenges when transforming formerly used real estate into productive new uses. Phoenix Award winners represent outstanding revitalization projects from each of the 10 U.S. Environmental Protection Agency (EPA) regions, as well as projects that have a special community impact.

The Annapolis Towne Centre project was selected as the 2009 Phoenix Award winner for Region 3, which spans the Mid-Atlantic states, including Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia. Greenberg Gibbons and other winners were honored last week at an awards ceremony during Brownfields 2009, an environmental conference in New Orleans, Louisiana. During the conference, Greenberg Gibbons showcased the Annapolis Towne Centre project and participated on a panel discussing its innovative environmental remediation practices.

The construction of Annapolis Towne Centre required the quick clean-up of one of the largest dry cleaner chemical spills in Maryland’s history at the same time Greenberg Gibbons was constructing the 35-acre development. To achieve these goals, Greenberg Gibbons entered into the Maryland Voluntary Cleanup Program and worked closely with the Maryland Department of the Environment and Anne Arundel County, as well as a team of blue chip environmental engineers and planners. In the end, Greenberg Gibbons voluntarily conducted $5 million worth of environmental remediation to implement an innovative approach to remediating an area of polluted soil and groundwater covering several acres, and put in place one of the most comprehensive storm water management program in the County.

“We are so proud to receive this prestigious award, and to see Annapolis Towne Centre shine as a successful example of a sustainable, mixed-use redevelopment that has a positive impact on the environment and community,” says Brian Gibbons, President and CEO of Greenberg Gibbons.

Today, Annapolis Towne Centre is an open air, mixed-use development anchored by a 170,000-square-foot Target and one of the largest Whole Foods Markets in the country. Other retailers include Anthropologie, Bed Bath & Beyond, Brooks Brothers, Eastern Mountain Sports, Great Gatherings, J.Jill, Sur La Table, Talbots, Origins, Paper Source, Smyth Jewelers, 24 Hour Fitness and restaurants Brio, The Chop House, Gordon Biersch, Metro Silver Diner, PF Chang’s  and The Real Seafood Company.  The open-air, lifestyle center also features Class A office space, luxury condos and apartments.

The project has created more than 2,800 new jobs, and retail sales are expected to top $300 million a year, producing an estimated $243 million annual increase in Gross State Product, a $22 million increase in state and county tax revenue and more than $19 million in short-term fees. Greenberg Gibbons’ community involvement also resulted in the creation of a new community center called the Mount Olive Community Life Center.

More information about Annapolis Towne Centre can be found at www.visitATC.com.