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 *
LUKE DOUGLAS S
   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)
HL CAPITAL, INC., 405 LEXINGTON AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
07/13/2005
(Street)

NEW YORK, NY 10174		 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 07/13/2005   M   10,465 A $ 41.44 49,761 D  
Common Stock 07/13/2005   M   2,086 A $ 45.87 51,847 D  
Common Stock 07/13/2005   M   1,250 A $ 24.6 53,097 D  
Common Stock 07/13/2005   M   1,250 A $ 29.9 54,347 D  
Common Stock 07/13/2005   F   10,006 D $ 59.73 44,341 D  

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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 buy) $ 41.44 07/13/2005   M     668 12/31/1998 12/31/2007 Common Stock 668 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     2,238 10/29/1999 10/29/2008 Common Stock 2,238 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     537 12/31/1999 12/31/2008 Common Stock 537 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     2,639 05/06/2000 05/06/2009 Common Stock 2,639 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     1,996 02/06/2004 05/03/2010 Common Stock 1,996 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     1,484 02/06/2004 05/01/2011 Common Stock 1,484 $ 0 0 D  
Director Stock Option (right to buy) $ 41.44 07/13/2005   M     902 02/06/2004 05/07/2012 Common Stock 902 $ 0 0 D  
Director Stock Option (right to buy) $ 45.87 07/13/2005   M     601 09/01/2004 05/03/2010 Common Stock 601 $ 0 0 D  
Director Stock Option (right to buy) $ 45.87 07/13/2005   M     670 09/01/2004 05/01/2011 Common Stock 670 $ 0 0 D  
Director Stock Option (right to buy) $ 45.87 07/13/2005   M     815 09/01/2004 05/07/2012 Common Stock 815 $ 0 0 D  
Director Stock Option (right to buy) $ 24.6 07/13/2005   M     1,250 05/01/2002 05/01/2011 Common Stock 1,250 $ 0 0 D  
Director Stock Option (right to buy) $ 29.9 07/13/2005   M     1,250 05/07/2003 05/07/2012 Common Stock 1,250 $ 0 0 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   464   07/13/2005 12/31/2007 Common Stock 464 $ 0 464 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   1,553   07/13/2005 10/29/2008 Common Stock 1,553 $ 0 1,553 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   373   07/13/2005 12/31/2008 Common Stock 373 $ 0 373 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   1,831   07/13/2005 05/06/2007 Common Stock 1,831 $ 0 1,831 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   1,847   07/13/2005 05/03/2010 Common Stock 1,847 $ 0 1,847 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   2,060   07/13/2005 05/01/2011 Common Stock 2,060 $ 0 2,060 D  
Director Stock Option (right to buy) $ 59.73 07/13/2005   A   1,878   07/13/2005 05/07/2012 Common Stock 1,878 $ 0 1,878 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LUKE DOUGLAS S
HL CAPITAL, INC.
405 LEXINGTON AVENUE
NEW YORK, NY 10174		   X      

Signatures

 /s/ Linda Y. Kelso, Attorney-in-Fact for Douglas S. Luke   07/15/2005
**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).

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