Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
DRUCE J DIX
   2. Issuer Name and Ticker or Trading Symbol
REGENCY CENTERS CORP [REG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
ONE INDEPENDENT DRIVE, SUITE 2201		 3. Date of Earliest Transaction (Month/Day/Year)
02/02/2007
(Street)

JACKSONVILLE, FL 32202		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/02/2007   A   688 (1) A $ 0 17,585 (2) D  
Common Stock 02/05/2007   M   1,250 A $ 22.063 18,835 D  
Common Stock 02/05/2007   M   2,500 A $ 24.6 21,335 D  
Common Stock 02/05/2007   M   3,750 A $ 29.9 25,085 D  
Common Stock 02/05/2007   M   8,226 A $ 41.44 33,311 D  
Common Stock 02/05/2007   S   200 D $ 88.55 33,111 D  
Common Stock 02/05/2007   S   1,900 D $ 88.56 31,211 D  
Common Stock 02/05/2007   S   100 D $ 88.57 31,111 D  
Common Stock 02/05/2007   S   100 D $ 88.58 31,011 D  
Common Stock 02/05/2007   S   200 D $ 88.59 30,811 D  
Common Stock 02/05/2007   S   200 D $ 88.6 30,611 D  
Common Stock 02/05/2007   S   300 D $ 88.62 30,311 D  
Common Stock 02/05/2007   S   1,400 D $ 88.63 28,911 D  
Common Stock 02/05/2007   S   200 D $ 88.64 28,711 D  
Common Stock 02/05/2007   S   1,200 D $ 88.65 27,511 D  
Common Stock 02/05/2007   S   3,700 D $ 88.66 23,811 D  
Common Stock 02/05/2007   S   500 D $ 88.67 23,311 D  
Common Stock 02/05/2007   S   200 D $ 88.68 23,111 D  
Common Stock 02/05/2007   S   100 D $ 88.69 23,011 D  
Common Stock 02/05/2007   S   100 D $ 88.71 22,911 D  
Common Stock 02/05/2007   S   100 D $ 88.75 22,811 D  
Common Stock 02/05/2007   S   400 D $ 88.76 22,411 D  
Common Stock 02/05/2007   S   600 D $ 88.77 21,811 D  
Common Stock 02/05/2007   S   200 D $ 88.78 21,611 D  
Common Stock 02/05/2007   S   1,500 D $ 88.79 20,111 D  
Common Stock 02/05/2007   S   300 D $ 88.8 19,811 D  
Common Stock 02/05/2007   S   200 D $ 88.81 19,611 D  
Common Stock 02/05/2007   S   1,000 D $ 88.82 18,611 D  
Common Stock 02/05/2007   S   126 D $ 88.85 18,485 D  
Common Stock 02/05/2007   S   100 D $ 88.86 18,385 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Stock Option (right to acquire) $ 22.063 02/05/2007   M     1,250 05/03/2004 05/03/2010 Common Stock 1,250 $ 0 0 D  
Director Stock Option (right to acquire) $ 24.6 02/05/2007   M     2,500 05/01/2005 05/01/2011 Common Stock 2,500 $ 0 0 D  
Director Stock Option (right to acquire) $ 29.9 02/05/2007   M     3,750 05/07/2006 05/07/2012 Common Stock 3,750 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     668 12/31/1998 12/31/2007 Common Stock 668 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     537 12/31/1999 12/31/2008 Common Stock 537 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     2,639 05/06/2003 05/06/2009 Common Stock 2,639 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     1,996 02/06/2004 05/03/2010 Common Stock 1,996 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     1,484 02/07/2004 05/01/2011 Common Stock 1,484 $ 0 0 D  
Director Stock Option (right to acquire) $ 41.44 02/05/2007   M     902 02/08/2004 05/07/2012 Common Stock 902 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DRUCE J DIX
ONE INDEPENDENT DRIVE
SUITE 2201
JACKSONVILLE, FL 32202		   X      

Signatures

 /s/ Linda Y. Kelso, Attorney-in-Fact for J. Dix Druce   02/06/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Grant of restricted stock which vests 25% per year beginning on the first anniversary of the date of grant. Grant was made in exchange for options granted in exchange for forfeiture of all reload rights associated with existing options held by the reporting person.
(2) Since the date of the reporting person's last ownership report, he transferred 10,395 shares of Regency common stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.

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