PUBLIX IS ON THE RISE IN THE RIVER DISTRICT

FORT MYERS, Fla. (March 22, 2007) – The River District's first supermarket is beginning to show signs of life with rising walls. Concrete and rebar are creating the foundation for the much anticipated anchor supermarket of the First Street Village mixed-use community.

Cameratta Properties, a pioneer in the real estate industry, and Regency Centers, a leading owner, operator and developer of community retail projects, broke ground on First Street Village's Publix Supermarket on November 1, 2006. Demolition, excavating and build-out soon followed.

Publix Supermarket is scheduled to open in late October of this year. This 39,000 square-foot supermarket will be a centerpiece in the River District's redevelopment efforts.

“The Publix gives people another reason to stay downtown which is key to building a vibrant downtown,” said Joe Cameratta, chief executive officer of Cameratta Properties. “Our long-standing partnership with Regency Centers at First Street Village provides even more reason to be excited about this project, and allows us to realize our dream in southwest Florida.”

Cameratta Properties’ First Street Village includes 356 luxury residential units, 38,000 square feet of office space and approximately 105,000 square feet of Class “A” retail space.

About Cameratta Properties

Cameratta Properties is a full-service, leading real estate development company and a pioneer in the real estate industry. With more than 28 years of experience, owner and founder Joseph Cameratta has successfully developed thousands of acres of raw land into masterfully designed communities including single family residential, high rise and multi-family residential, golf courses, retail shopping centers, hospitality and financial facilities, medical office, hospitals, and schools.

About Regency Centers

A national leader in owning, operating, and developing community retail projects, Regency Centers has over 40 years experience specializing in upscale, grocery-anchored centers. Its portfolio includes nearly 400 properties as well as relationships with some of the largest national and regional retailers.

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