BUILT

ON
PURPOSE
2012 Corporate Social Responsibility
executive summary Report

At Forest City Enterprises, everything we do is Built On Purpose. As the title of our
first Corporate Social Responsibility report, this phrase reinforces what we do and,
more importantly, how we do it.
What we do is own, develop and manage real estate with the intention
of bettering lives, businesses and communities which in turn, creates
and increases shareholder value. How we do it is by adhering to our core
values, hiring and retaining great people, identifying and nurturing strategic
partnerships, volunteering, contributing to our communities and respecting
and protecting the environment.
Built On Purpose not only describes Forest City’s great leadership, honest
partnerships and our commitment to our people and the planet, it also tells
another important part of our story. Each of our projects and properties were
For more information and details on Forest City’s CSR efforts, please visit http://csr.forestcity.net. This is a link to our full CSR report including the Global Reporting Initiative (GRI) Content Index.
Built On Purpose received an Application Level B rating from GRI.
Forest City’s Rooftop Garden Demonstrates Commitment to CSR
In 2010, Forest City created a 5,000-square-foot rooftop garden on the
15th floor of its Terminal Tower headquarters building in Cleveland, and it’s
still growing strong. On Community Day that year, volunteers built it from
the ground up, making use of discarded filing cabinets and shipping pallets
to build 46 unique planters. The herbs, vegetables, flowers and fruit are
watered and tended to by garden club members, who share in the harvest.
Water is reclaimed from a nearby roof and stored (more than 300 gallons
“Publishing our first Corporate Social Responsibility report
allows Forest City to articulate to the world what it has always
known internally—that by doing business responsibly we will
exceed our shareholder and stakeholder expectations and, in
turn, create value. We are proud to introduce, Built On Purpose,
the first of many communications that demonstrate our
commitment to CSR. ”
—Jon Ratner, Vice President, Energy and Sustainability
strategically designed with a disciplined plan and genuine purpose
for families, organizations, visitors and communities throughout
the United States.
Throughout this report, you will learn about Forest City and our
commitment to Corporate Social Responsibility (CSR). Above all,
you will learn that here, at our company, Built On Purpose means
everything. It reflects the type of company Forest City really is.
at a time) for irrigation. In 2011, we added a honeybee hive for pollination.
All associates are invited to enjoy the garden during their breaks or use
the space for meetings—the adjacent room is equipped with Wi-Fi to
accommodate all visitors.
The garden was born out of the desire to repurpose some of the
building’s unused rooftop space into something that contributes to
CSR at Forest City.
A L eadership M essage from O ur P reside n t &
C hief E x ecuti v e O fficer , D a v id L a R ue

To Our Valued Stakeholders:

I have worn many hats in my life and have taken on many roles—a husband, a
father, a friend, a master griller and a coach…just to name a few. Today, I write
to you as a business leader, knowing perfectly well however, that I am all of
these things.

Likewise, Forest City is many things—an employer, a team, an organization of

entrepreneurs, a resource for our communities, a visionary of communities to
come, a believer in doing the right thing, a steward of the environment and a
trustee to our shareholders and future generations. It is because we are all of
these things that I want to share with you our efforts in corporate citizenship and
social responsibility.

I personally invite you, our associates, our shareholders, our partners and industry
peers, to read our first-ever Corporate Social Responsibility report, Built On
Purpose. In developing this report based on the Global Reporting Initiative (GRI)
framework—the gold standard for sustainability reporting—we are becoming
one of only a handful of North American real estate companies to evaluate our
corporate responsibility performance and set goals for future progress. We
believe in being good corporate citizens, and this belief can be linked to our
business success.
We are proud of this accomplishment and so many of the achievements
highlighted in our inaugural report. Through success stories from our associates
and leaders, readers will learn about some of the important efforts we have had
the privilege of being involved with. For instance, during 2012, more than 1,200
of our associates participated in our enterprise-wide event, Community Day.
We believe in proactive community involvement, driven by the efforts of our
associates, that enhances the vitality of the communities in which we operate
and call home.
Just as important, Built On Purpose demonstrates our commitment to our shared
core values, which are integral to our company’s success. You will see how vital
they are to our culture and that when we work to enhance one, it makes all of our
values stronger.
While we have never formally aggregated our values under the corporate social
responsibility umbrella, it has always been essential to our philosophy and success,
and the reporting process pushes us to measure and share the results of these
commitments. As the saying goes, “what gets measured gets managed,” and we
see tremendous opportunity to demonstrate a return on these investments. Of
course, we will continue to improve upon and change many areas, but that’s what
makes us who we are. At Forest City, we stand for citizenship and responsibility,
knowing perfectly well however, that we are much more.
Welcome to Built On Purpose.

Sincerely,
During 2012, more than
1,200 of our associates
participated in our
enterprise-wide event, David LaRue
Community Day. President and Chief Executive Officer
 2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE

our compa n y

Standing on the shoulders of giants…this is

where we begin and this is the foundation
of our future.
Forest City was founded in 1920 in Cleveland, Ohio, after the Ratner (then
Ratowczer) family immigrated to America from Poland. Through hard work, good
fortune and a strong reputation for honesty and fair dealing, the family business
grew and expanded.

Over the next 90 years, Forest City became a national leader in real estate
investment and development. Today, we carry on the traditional family values
of honest business practices, community involvement and doing the right thing,
the right way, for the right reasons and for the good of the company. There is
no doubt that we will continue to operate our business as responsible
corporate citizens.

“have

3
Although one family created this business, thousands of families
made it what it is today. I am extremely proud of all Forest
City associates for living the core values that have guided our
company through hard times and times of success. ”
—Albert Ratner, Co-Chairman Emeritus
C orporate S ocial R espo n sibility

Importance of CSR
Being a responsible steward is in our
DNA—it’s the way we are built. It is
reflected in our associates, projects,
communities, philanthropic ideals and
business dealings. Corporate Social
Responsibility is part of our company
culture and our business model—it is
why we have a “seat at the table” in our
core markets.
Our sustainable strategy sets us apart
from our competition in many ways:
related performance metrics across
the enterprise. This will allow us to
recognize best practices and discover
opportunities for both efficiencies and
innovation, which will contribute to
our ongoing success.
Managing & Measuring CSR
Several types of internal meetings and
exercises helped our company identify
our key stakeholders and have resulted
in providing the main topics, material
content, data and measurements
for this report. In addition, these
Materiality Assessment As a first-
time reporter, Forest City based its
“business,
As long as we have been doing
we have been doing
materiality assessment upon internal business responsibly. This takes
stakeholder engagement only. In a true commitment from all
advance of our internal workshop,
of us. As a member of the
participants completed an online
Forest City community, this
survey which provided a snapshot of
commitment is understood
the most significant issues for Forest
and carried out with pride and
City and our stakeholders.
determination. This company
was built on a reputation of
trust and authenticity. Corporate
Social Responsibility allows us to

→→ We revive city centers to their
full potential through large-scale,
complex, urban redevelopment and
historic preservation.
→→ By reusing materials and improving
existing infrastructure, we reduce
environmental impact and maximize
integration within a community.
→→ Forest City has become a
partner-of-choice because our
CSR efforts go hand-in-hand with
a community’s interests.
→→ Our partners know our solid
reputation for community
involvement and environmental
stewardship.
While we know instinctively these
qualities help set us apart, we believe
we have the opportunity to do a better
job of measuring both the tangible and
intangible aspects of CSR. Through
the process of reporting, we have
begun identifying and collecting CSR-
”
workshops helped increase our strengthen that reputation.
attention on many strategic,
—Jill Ziegler, Manager,
sustainable and responsible initiatives.
Energy and Sustainability
Our exercises included the following:
Stakeholder Mapping During the
workshop, participants identified
Forest City’s key stakeholders and
strived to better understand the
synergies between our stakeholders’
priorities.
CSR Workshop Leaders from many
different departments and locations
came together to learn more about
the Energy and Sustainability
Department’s efforts and the
articulation of sustainability and
stewardship as a company core
value. The workshop resulted in the
development of a strong process to
follow in collecting and managing data
and a baseline for future reporting and
CSR decision-making activities.

Our vision, mission and core values
represent the foundational principles
of our company—a place where
family, hard work, partnerships and
collaborative success are respected.
These important elements also reflect
our belief that we can create value
for our shareholders, associates,
communities and stakeholders by
operating responsibly.
Vision
Our vision is to become the real
estate leader and partner-of-choice
in creating distinctive places to live,
shop and work.
Mission
Forest City is a leading owner,
operator and developer of distinctive
and diversified real estate projects
in select core markets, which create
value for our shareholders, customers
and communities through place
creation, sustainable practices and a
long-term investment perspective.
We operate by developing meaningful
relationships and leveraging our
entrepreneurial capabilities with
creative and talented associates
who embrace our core values.
“important
My father once told me that our reputation was the single most
factor in our company’s success. Today, that is still very
much the truth. Today, our vision, mission and core values reflect
our reputation and guide every business decision we make.
—Chuck Ratner, Chairman of the Board
2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE
Core Values
Our core values were recently
refined during the strategic our core Values
planning process—reinforcing a true
commitment to the inextricable
link between values and business
success. As a company, our core
values are the commitments by
which we operate and to which
we hold ourselves accountable.
Strategic Drivers
Forest City’s strategic plan fosters
innovation and helps in our business
decision making. It is also a working
document that is referenced during
project development and used
during quarterly reviews. In 2012,
we built our strategy around four
strategic drivers that will enable us
to become the partner-of-choice
in our core markets. Each of our
four strategic drivers supports the
mission, vision and core values at
Forest City Enterprises.
our Strategic Drivers
”
eco n omic performa n ce i n our core mar k ets

Our Products As we continue focusing on our core

We take pride in each of our
our core markets development and management
projects while focusing on our core
products—residential, office, retail and
mixed-use. Through these products,
we strengthen our balance sheet by
maintaining access to diverse capital
sources, monitoring and managing
aggregate development risk and credit
metrics and forming strategic capital
partnerships for operating portfolios
and development opportunities.
markets, we are better able to:
→→ Build on expertise in public-
private partnerships through tax
increment financing, tax credits
and other financial tools
→→ Create distinctive projects with a
“sense of place” to reflect the local
history, values and culture of the
people within our communities
→→ Activate an existing pipeline of
resources

→→ Utilize our competitive advantages

Core Markets
We are focused on our core markets
The focus we place on our core
and on creating vibrant urban
markets is purposeful—they are
centers that support a sustainable
all urban centers where we have
future. By building up the core,
the ability to concentrate on urban
Corporate Office rather than building out, Forest City
revitalization, connect local work,
is rebuilding a sustainable urban
Regional Office home and shopping space with
landscape.
existing public transportation
infrastructure and build on local
culture. Our reputation on previous
and current projects earns us our
license to operate, and we strive to
become the partner-of-choice in our
core markets.
 2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE

“ We are committed to creating value for all of our

stakeholders. We set high performance standards and hold
ourselves personally and collectively accountable to meeting total revenues
our financial objectives. Everyone in the Forest City family Total Revenues from Real Estate
is prosperous when we do business the right way.
”
— Bob O’Brien, Executive Vice President, Chief Financial Officer
Operations (in Millions)

2012 $1,143.69

2011 $1,051.62

2010 $1,078.45

Note: Years from February 1 – January 31st.

Economic Performance

Following the real estate market

downturn in 2008, Forest City
repositioned the company for recovery
and growth. Over the past three years,
we have seen 5.2% growth in revenue,
a strong indicator of improvement.
Forest City had total assets in 2012 of

7
$10.6 billion.

By focusing on our core markets and

with assets in other markets, we are
creating value for the company, our
communities, shareholders, associates,
residents and tenants. We will
continue to move forward, creating
vibrant spaces that embody a shared
vision of the future.
O ur P eople . O ur L eaders .

At Forest City, our associates are our most

of all full-time, permanent
associates at Forest City
are women
important asset. They are the driving force
behind our success, especially in Corporate
Social Responsibility.
From our planners and designers,
to our architects and executives,
our associates uphold our core
values and support our mission to
be the partner of choice in our core
markets. Our people understand
the importance of Corporate Social
Responsibility and the positive
impact we all can make by being
transparent and acting responsibly.
Talent Management
In 2012, Forest City implemented
and enhanced its talent management
system, improving our performance
review system and goal-setting
process. Not only will Human
Resources and Management
have access to the system, but
associates will have the ability
to better manage their careers
and assess their own talents.
Associate Diversity
Diversity of thought, background
and expertise helps us to be a more
competitive, dynamic and effective
company. We seek to reflect the
markets we serve, and while we
have 16% representation of women
in executive management, we
acknowledge our need to identify
additional female and minority talent
for future leadership positions. As
one of our Associate Resource
Groups (ARG), WE LEAD—Women’s
Excellence through Leadership,
Education, Advancement and
Development—is focused on the
women of Forest City. Through
WE LEAD, our associates gain
opportunities and give back by lending
their perspective to address specific
organizational issues.
 2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE

“ Forest City has been practicing CSR for the 25-plus years I have been
on the board. It’s the world that has changed, and so now Forest City
is sharing their stories of what they have always been doing.
— Scott Cowen, Forest City Board of Directors
”

We also recognize that by tracking the
composition of our associates, we can
better understand, manage, recruit
and retain a competitive workforce.
As we continue to grow and develop,
we will also continue to embrace our
core value of Diversity and Inclusion
at all levels of our workforce.
Associate Engagement
Associate engagement is a
fundamental part of our strategic
plan. We use multiple vehicles and
resources to engage associates around
our core values and strategic drivers.
In fact, in April 2012, Forest City
conducted the first annual enterprise-
wide associate survey. We were
pleased that 60% of our company
good place to work and 82% of those
surveyed indicating they are proud to
tell others they work for Forest City.
Learning & Development
Developing and maintaining a culture
that embraces our core values and
strengthens our associate talent are
part of Forest City’s strategic plan.
To this end, we have:
→→ Integrated learning content from
Skillsoft and Microsoft to provide
associates an opportunity to
access materials from a general
course library on leadership and
management, human resources
compliance and general business.
Currently, the library includes
→→ Created an opportunity for
further professional development
through online and in-person
programs. In 2012, 67 associates
took advantage of these programs
completing 775 hours of training.
→→ Hosted an annual conference
to offer associates Continuing
Professional Education credits
that are required to keep an
accountant’s CPA license
active. In 2012, a total of
75 accountants received a
total of 944 credit hours.

9
more than 100 courses. In 2012,
responded, with 85% of those
Forest City associates completed
surveyed agreeing that Forest City is a
4,369 courses.

Economic development partnerships

Forest City is responsible for developing communities. Economic and
workforce development partnerships are one way we do just that. Project
REAP (Real Estate Associate Program), part of a national International
Council of Shopping Centers (ICSC) diversity initiative, was designed to raise
the minority community’s awareness of the commercial real estate industry
and provide guidance to people from the community who are interested in
joining companies like Forest City. In 2012, Forest City co-sponsored the first
Cleveland Project REAP program. Forest City professionals along with other
industry experts taught 26 separate classes over a 12 week period. The
inaugural class of 32 students comprised a diverse group interested in a real
estate career.
 E n ergy & S ustai n ability at F orest C ity

We institutionalized sustainable Since 2007, we have tracked

practices at the corporate level
with the creation of our Energy and
Sustainability Department and we
work to reduce the environmental
footprint of our existing portfolio and
new development projects.
Energy Management
Buildings remain the largest single
contributors to climate change in the
United States, producing more than
our energy use at the property
level through a utility monitoring
and management system called
EnergyCAP. Implementing this system
has allowed us to better manage
energy usage and better calculate
energy savings. In 2011, the Energy and
Sustainability Department developed
a savings tracker to monitor our
energy efficiency and renewable
energy projects. Since instituting this

“
40% of greenhouse gas emissions. tool, we have tracked more than $6
This is an exciting time for Forest City. After nearly a century, we We address climate change by: million in savings.
are going to share our CSR story. It is a story with many chapters,
→→ enhancing urban centers, which is
virtuous characters, challenging plots with successful and not-so-
the lowest carbon-intensive type
successful outcomes and a last page nowhere in sight. The question
of development,
for all of us now is…what are we going to do next? Our strategic
→→ improving the efficiency of our
approach to Corporate Social Responsibility is built with purpose,

”
properties and
making anything possible.
→→ educating our employees, tenants
— Jon Ratner, Vice President, Energy and Sustainability and those impacted by our actions.

Corporate Lamp Retrofit Program

In 2010, Forest City initiated a facilities improvement program that focused
on HVAC, lighting and mechanical system building retrofits to generate
a high return per capital investment. With lighting consuming 20-30% of
energy in most buildings, Forest City audited the 50 buildings where the
energy spend was highest to uncover any opportunities to do better. During
this process, we identified $8 million worth of lighting retrofit projects.
Forest City invested a total of $979,683 in lighting retrofits in 2010 and
2011. The lighting retrofit program proceeded with installations in 2012
and will continue through 2015. In 2012, 26 projects were designed and
completed, resulting in an anticipated cost savings of $225,464 and a 23%
return on investment within the first two years.
 2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE

comparable Energy portfolio comparable Energy portfolio

energy usage GHG emissions (Metric tons)

Energy Consumption GHG Emissions

Electric 437,606,444 Electric 308,753

(kWh) 450,562,679 (t) 317,894

Natural Gas 706,748 Natural Gas 37,500

(DKTHM) 777,687 (t) 41,264

Steam 45,509 Steam 42,031

(MLB) 52,584 (t) 48,564

Actual 2012 Actual 2011 388,284

TOTAL
407,723

Actual 2012 Actual 2011

Note: Our comparable energy portfolio includes facilities where we have maintained energy data for two consecutive years.
We track energy use by billable square footage to determine building energy intensity.
E n ergy & S ustai n ability at F orest C ity

Adaptive Reuse, Brownfield,

Historic Preservation

Energy impacts: Intensity & Cost As part of our mission, we are

able to reimagine and repurpose
neglected properties to preserve
the culture and history of a place.
Energy 0.112
Our adaptive reuse, brownfield and
Intensity 0.118 historic preservation projects allow
communities to transform declining over 50 buildings and projects
$58,267,419 neighborhoods into vibrant activity LEED certified or targeting LEED
Energy Cost centers. These projects are inherently certification, approximately 23% of
$60,801,220*
sustainable in their development, our total portfolio (value based on
design and management. We reuse cost at pro-rata).
Actual 2012 Actual 2011 available building materials on site
Renewable Energy
to preserve the historic value of a
Note: Our comparable energy portfolio includes facilities where we have maintained energy data for two
consecutive years. We track energy use by billable square footage to determine building energy intensity. space, to enhance the cultural value Forest City is able to address
of a neighborhood, and to reduce our some of its communities’ most
carbon emissions by minimizing the pressing environmental challenges
use of new construction materials. by developing, owning and hosting
We hire locally and make an effort to renewable energy facilities. When
purchase from local suppliers, thus possible, we look to produce
enhancing the local economy during renewable energy on our properties,
million in energy the course of redevelopment. thereby reducing our environmental

savings since 2011 LEED Buildings

Leadership in Energy and
Environmental Design (LEED)
is the premier standard for
evaluating sustainable building
design and construction. Forest
City builds to LEED standards with
footprint, providing a stable power
source and securing long-term
utility pricing for our properties and
communities.
→→ We have seven established solar
and biomass projects in Ohio,
Hawaii and New York.

→→ Our operating renewable energy
installations produce a total of 6.2
megawatts of energy annually.
→→ In 2012, Forest City became one of
Hawaii’s largest solar developers
and owners with installation of the
Pearl City Peninsula solar energy
facility. We installed 4,300 solar
panels that are generating 1.2
MW of electricity on five acres of
a brownfield site. This is enough
electricity to power nearly 600
homes.
2012 FOREST CITY CORPORATE SOCIAL RESPONSIBILITY executive summary REPORT BUILT ON PURPOSE
Water Management
We implement water conservation
measures as part of property waste & waste diversion
improvements within our existing real
estate portfolio. New development TOTAL*
2012 2011 2010
projects follow LEED certification
standards and realize a minimum of
19,083.80
20% water efficiency over standard
systems. As we move forward, we are Total Waste 21,376.80
commited to implementing better 19,039.10
water tracking systems.
3,492.10
Waste & Recycling
Waste
3,789.40
Waste increases our costs, reduces Diversion
funds from our operations and 3,146.70
contributes to stress on natural
resources. During construction, we 18.30%
Percentage
work to minimize waste and require our Recycled 17.73%
contractors to use best practices for Waste
16.53%
minimizing Construction and Demolition
(C&D) waste. With renovation projects, Note: Our waste data only includes properties where we manage and track waste on a year-over-year basis.
we re-use as much of the existing *Waste and recycling data is currently only tracked for our retail properties.
structure as possible to minimize waste *In 2012, three properties were sold and their data is not included.
and the need for new materials.
For our operating properties, we
work with local vendors and municipal
operators to provide recycling and,
in some cases, composting facilities.
Currently, we track waste and recycling
for our retail projects only.
 O ur C ommitme n t to O ur C ommu n ities
Forest City has a legacy of community
involvement in and contributions
to our core markets and local
communities. We demonstrate
this commitment through our
contributions, responsible real estate
development, a focus on urban centers
and urban revitalization, attention
to adaptive reuse and brownfield
projects, associate and corporate
volunteerism, affordable housing,
local partnerships and thoughtful
community investments.
Community Engagement
& Investment
Community involvement is a core
value at Forest City and we take this
“
value to heart as an organization
We support and promote both corporate and individual civic
and as individuals. Our company is
involvement in our communities through our investment of inherently linked with our communities
capital, spirit and personal effort for the benefit of the residents in a shared future, so we invest
and our associates. We give back to all of the communities where philanthropically and responsibly in
we live and work. Community service is core to our culture.
—Linda Kane, Senior Vice President, Treasurer
” them. As an enterprise, we engage
with local groups during project
development, and each year our
associates contribute their time and
treasure to the communities where
we live and work. We see returns for
our involvement in our social license
to operate, acceptance within our core
market areas, and in the popularity and
leasing of our development projects.
Highlights of our 2012
Philanthropic Contributions
→→ Eight percent of all charitable
contributions go to multicultural
organizations.
→→ Forest City associates donated
their time, talent and treasure
to help their colleagues,
neighborhoods and cities fight
back from the devastation of
Super Storm Sandy. Corporate-
wide, cash and goods donations
totaled nearly $190,000.
→→ Forest City is an active contributor
to the United Way. Last year’s
United Way campaign collected
close to $1 million, including
contributions totaling $634,500
from 647 associates.
community day
One of our largest and most successful commitments is Forest City’s
Community Day, an annual enterprise-wide project that began in
2004. Last May, more than 1,200 Forest City associates, representing
45.5% of all associates nationwide, participated in Community Day.
More than 90 Forest City locations collaborated with more than 60
agencies and charitable organizations to provide critically needed
services. We encourage associate participation by offering a paid day
to volunteer. In 2012, that added up to 7,410 hours of community
service in just one day.

Community Partnerships
& Market Leadership

total philanthropic giving Forest City is a leader in the real

estate industry and a leader in
Key Contribution Donation community development. As part of
Area our commitment to the communities
we serve, Forest City participates
Health & Welfare 38.6% actively in local and national industry
organizations and community
Education 20.9% development organizations, such as
the International Council of Shopping
Culture & Arts 19.9%
Centers, the Urban Land Institute,
Economic the National Association of Real Estate
12.4%
Development Investment Trusts, the Institute of Real
Estate Management, the U.S. Green
Civic 7.9% Building Council, the Real Estate
Roundtable and the National Multi
Other 0.3%
Housing Council.

of all charitable
contributions go
to multicultural
organizations
O ur P roperties
Stapleton, A Sustainable
Community
Stapleton is a sustainable mixed-
use and adaptive reuse project that
combines a residential community,
one of the largest urban infill projects
in the United States, offices, shopping
districts, schools and parks. The
community includes over 4,700
homes, more than 2 million square
feet of retail, an 80-acre central park,
and hundreds of miles of trails and
bike paths to promote healthy and
active living. Stapleton was designed
with a purpose and for a purpose.
Atlantic Yards Land Use
Development & Civic Project
The $4.9-billion Atlantic Yards project
is one of the most important public/
private development initiatives in New
York City today. This groundbreaking
27-acre, mixed-use project will create
a vibrant, sustainable 24/7 destination
featuring a new home for the Brooklyn
Nets, office space, housing, open
space and substantial community
benefits. Situated in the heart of
downtown Brooklyn, the project will
span more than seven city blocks. To
help meet the City’s need for housing,
At Forest City, our properties are our
calling card. We are proud to highlight
three of our strategically designed and
responsibly built mixed-use projects and
their accomplishments. Each project is in
a different stage of development, and our
goals and achievements reflect only some
of our many successes to date.
Atlantic Yards will create more than
6,400 mixed-income residential
units; 2,250 of the rental units will
be designated for low- and middle-
income families. The plan also includes
247,000 square feet of retail and eight
acres of public open space.
The Yards Retail & Mixed-Use
River Front Development
The Yards, located on the Anacostia
River within the District of Columbia, is
a perfect example of corporate social
responsibility at work. As mixed-use
space, this beautiful adaptive reuse
project replaces unused space in the
city and contributes to the sustainable
urban development in our nation’s
capital. The site is roughly 42 acres
and at full build out will incorporate 5.5
million square feet of development in
new residential units, 400,000 square
feet of retail space, 1.8 million square
feet of office space and a 5.5 acre
riverfront park. The Yards addresses
social, economic and environmental
concerns and embodies corporate
social responsibility and responsible
development.
Goal Selected Accomplishments
Stapleton
Use responsible Brownfield project. Reused six million
development tons of crushed concrete to create
practices. “Staplestone” throughout the development
and as road base throughout Colorado.
Maintain and Construction and management of four public
develop the culture pools; Central Park, Denver’s 3rd largest park
of a community. opened in 2007; five additional wildlife parks;
a dog park; large public recreation center.
In 2012, 30% of Stapleton’s new home sales
came from current residents, those moving to
higher priced homes or residents downsizing as
they transition to new life cycles.
Encourage use Stapleton currently has 15 RTD bus routes
of public transit, and 25 miles of walking and biking paths.
biking and
walking.
Use a sustainable All homes in Stapleton meet or exceed
building design. ENERGY STAR standards.
Stapleton won the New Town Builders,
Green Builder Magazine 2012 Home of
the Year award for Best Production House.
Contribute to the Includes over 4,700 homes and more than
local economy. 2 million square feet of retail. Stapleton is now
the 9th fastest selling planned development
in the United States.
The Yards
Adaptive reuse project.
Use Low Impact Development tree pits and
permeable sidewalk grouting construction to
irrigate the project’s streetscape.
The Yards Park is a 5.5-acre riverfront park;
multiple programmable spaces which host
dozens of festivals, concerts and special
events on a seasonal basis.
Developed close to public transportation and
includes sidewalks to promote healthy living
and sustainable lifestyles.
The Yards development has received
LEED Gold certification for Neighborhood
Development for sustainable development
practices.
The Yards features groundbreaking social
inclusion initiatives, including Building 74,
which serves as a small business and workforce
development incubator, and the Pilot Mentor/
Protégé Program, which increases employment
of local residents and helps construction
industry entrepreneurs prepare for business
expansion.
Atlantic Yards
Adaptive reuse and brownfield project.
LEED ND certified.
Forest City signed a historic, legally binding
Community Benefits Agreement to ensure
significant, on-going participation in the
project by community stakeholders.
Nearly a quarter of Atlantic Yards contracts
have been awarded to minority- and women-
owned businesses.
The property is next to the city’s major mass
transportation hub. There are plans for
expansion and upgrade to MTA/Long Island
Rail Road’s (LIRR) Vanderbilt Yard and new
transit connections.
All of the buildings in Atlantic Yards,
including the arena, will endeavor to
achieve LEED certification with a goal
of LEED Silver.
Atlantic Yards will generate over $5.6 billion
in new tax revenues over the next 30 years.
The project will also create 15,000 union
construction jobs, up to 6,400 permanent
office jobs, as well as arena, retail and
residential jobs.
“ My family immigrated to the United States in 1920, and we have
personally seen the great things that are possible when people of
different backgrounds, experiences and ethnicities work together for
the greater good. We are working every day to build a more inclusive
culture. It’s the right thing to do for our souls, and it’s the right thing
to do for our business.
”
—Chuck Ratner, Chairman of the Board

For more information on Forest City’s Corporate Social Responsibility efforts,

please contact the Energy and Sustainability department at CSR@forestcity.net.

Forest City Enterprises

Corporate Headquarters
1100 Terminal Tower
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50 Public Square
Cleveland, OH 44113-2203