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Kite Realty Group and HydroPoint Data Systems Earn Top Project of the Year Award for Water Efficiency Initiatives & Environmental Impact

Petaluma, CA, April 1, 2025 – HydroPoint Data Systems, the leader in smart water management solutions, and Kite Realty Group (NYSE:KRG), a premier owner and operator of open-air shopping centers and mixed-use assets, are proud to announce that their Water Efficiency Initiatives have been recognized as a Top Project of the Year in the E+E Leader Product & Project Awards. Judges recognized KRG’s strategic deployment of HydroPoint technology as an outstanding example of innovation in environmental impact and water conservation.

As part of its commitment to corporate responsibility, Kite Realty Group established ambitious five-year ESG goals aimed at reducing its environmental footprint. A key component of this initiative was enhancing water efficiency across its portfolio by implementing smart irrigation technology. KRG selected HydroPoint’s WeatherTRAK smart irrigation controllers to optimize outdoor water use at 25% of KRG-owned and managed properties. These advanced controllers utilize real-time weather data and site-specific conditions to calculate precise irrigation schedules, significantly reducing water waste and achieving up to 95% irrigation efficiency.

Beyond smart irrigation, KRG has implemented additional water-saving strategies, including drought-tolerant landscaping, water usage monitoring, and prioritizing and addressing water-stress regions to mitigate risks and improve long-term resilience. 

KRG’s water efficiency efforts have delivered substantial environmental and operational benefits, demonstrating the power of smart water management at scale:

  • 30.8 million gallons of water saved in 2023 through smart irrigation and advanced monitoring via HydroPoint technology and drought-resistant landscaping.
  • Enhanced operational resilience by ensuring efficient water use and reducing financial and environmental risks.
  • Reduction in embedded energy use, lowering the carbon footprint associated with water treatment and distribution.

“Kite Realty Group’s commitment to sustainability and smart water management sets a benchmark for the commercial real estate industry,” said Chris Spain, CEO of HydroPoint Data Systems. “By leveraging HydroPoint’s technology, KRG is driving measurable water conservation while reducing operational costs and environmental impact.”

The E+E Leader Product & Project Awards recognize the most innovative products, services, and corporate initiatives that drive energy and environmental improvements. The independent panel of executive-level judges commended KRG’s Water Efficiency Initiatives for their forward-thinking approach to sustainable water management.

“Smart water management is a critical component of responsible real estate operations,” said Robert McGuinness, Director of Property Management & ESG Kite Realty Group. “Partnering with HydroPoint has allowed us to integrate best-in-class water conservation technologies, furthering our ESG commitments while delivering tangible savings and sustainability benefits.”

About HydroPoint

HydroPoint® is the proven leader in smart water management solutions, empowering organizations to responsibly manage water use across their operations. Its WeatherTRAK®, Baseline™, and WaterCompass® product lines help companies maximize water savings, reduce operating costs, minimize business risks, and achieve long-term sustainability goals. An EPA WaterSense® Partner of the Year, HydroPoint is at the forefront of water stewardship, delivering solutions that optimize irrigation, flow management, and leak detection. By making water use more visible, measurable, and actionable, HydroPoint helps commercial, government, education, and community sites reduce waste, improve resilience, and support a more sustainable future. Visit hydropoint.com for more information.

About Kite Realty Group

Kite Realty Group Trust (NYSE:KRG) is a real estate investment trust (REIT) and a premier owner and operator of open-air shopping centers and mixed-use assets. KRG’s portfolio is primarily located in high-growth Sun Belt and strategic gateway markets, with a focus on necessity-based, grocery-anchored centers. With over 60 years of industry experience, KRG continually optimizes its portfolio to maximize value and shareholder returns. As of December 31, 2024, KRG owned interests in 179 U.S. properties, comprising approximately 27.7 million square feet of gross leasable space. For more information, visit kiterealty.com.

About Environment + Energy Leader

Since 2006, Environment + Energy Leader’s website and newsletters have provided the definitive and objective voice in reporting on business-related energy, environmental, and sustainability issues. Visit: environmentenergy.com

About the E+E Leader Product & Project Awards

For over a decade, the E+E Leader Product & Project Awards have recognized excellence in energy and environmental solutions. The program highlights innovative products, services, and corporate initiatives that drive measurable sustainability improvements. Entries are evaluated using a rigorous five-point rating system by an independent panel of executive-level judges from leading organizations across industries. To see this year’s winners, visit eeleaderawards.com.

MEDIA CONTACT:

Meg Mason, VP of Marketing
HydroPoint Data Systems
mmason@hydropoint.com