SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549


                                       FORM 10-Q



(Mark One)

[X]   QUARTERLY  REPORT  PURSUANT  TO  SECTION  13  OR  15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

                   For the quarterly period ended September 30, 2000

                                          OR

      TRANSITION  REPORT  PURSUANT  TO  SECTION 13 OR 15(d) OF  THE  SECURITIES
      EXCHANGE ACT OF 1934

                For the transition period from _________ to __________

                          Commission file number 333-34835-01



                     PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                     ----------------------------------------------
                (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
<S>                                                                        <C>
                      MARYLAND                                                                  87-0516235
                      --------                                                                  ----------
               (State of organization)                                             (I.R.S. Employer Identification No.)

                 35 CENTURY PARK-WAY
             SALT LAKE CITY, UTAH  84115                                                      (801) 486-3911
             ---------------------------                                                       -------------
      (Address of principal executive offices,                             (Registrant's telephone number, including area code)
                 including zip code)
</TABLE>




      Indicate by check mark whether the registrant:  (1) has filed all reports
required to be filed by Section 13 or  15(d)  of the Securities Exchange Act of
1934  during  the  preceding 12 months (or for such  shorter  period  that  the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.     Yes [x]    No


<PAGE>
             PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                                FORM 10-Q






                                         INDEX
                                         -----
<TABLE>
<CAPTION>
PART I:  FINANCIAL INFORMATION                                                                              PAGE
         ---------------------                                                                            --------
<S>          <C>    <C>                                                                                 <C>
Item 1.              Financial Statements                                                                        3
                     Condensed Consolidated Balance Sheet as of September 30, 2000
                      and December 31, 1999                                                                      4
                     Condensed Consolidated Statement of Operations for the Three Months
                      and Nine months ended September 30, 2000 and 1999                                          5
                     Condensed Consolidated Statement of Cash Flows for the
                      Nine months ended September 30, 2000 and 1999                                              6
                     Notes to Financial Statements                                                               7
Item 2.              Management's Discussion and Analysis of Financial
                     Condition and Results of Operations                                                        12
Item 3.              Quantitative and Qualitative Disclosures About Market Risk                                 16
</TABLE>
<TABLE>
<CAPTION>
PART II:  OTHER INFORMATION
---------------------------
<S>          <C>    <C>                                                                                 <C>
Item 1.              Legal Proceedings                                                                           17
Item 2.              Changes in Securities and Use of Proceeds                                                   17
Item 3.              Defaults Upon Senior Securities                                                             17
Item 4.              Submission of Matters to a Vote of Security Holders                                         17
Item 5.              Other Information                                                                           17
Item 6.              Exhibits and Reports on Form 8-K                                                            17
</TABLE>

<PAGE>
      Certain matters discussed under the captions "Management's Discussion and
Analysis of Financial  Condition  and Results of Operations," "Quantitative and
Qualitative Disclosures About Market  Risk"  and  elsewhere  in  this Quarterly
Report on Form 10-Q may constitute forward-looking statements and  as  such may
involve known and unknown risks, uncertainties and assumptions.  Actual  future
performance,  achievements  and  results  of  Price Development Company Limited
Partnership  may  differ materially from those expressed  or  implied  by  such
forward-looking statements  as  a  result  of  such  known  and  unknown risks,
uncertainties, assumptions and other factors. Representative examples  of these
factors  include, without limitation, general industry and economic conditions,
interest rate trends, cost of capital and capital requirements, availability of
real estate  properties,  competition  from  other companies and venues for the
sale/distribution of goods and services, shifts  in  customer  demands,  tenant
bankruptcies,   governmental  and  public  policy  changes  and  the  continued
availability of financing  in the amounts and on the terms necessary to support
the  future  business  of  Price   Development   Company  Limited  Partnership.
Investors   are   cautioned   that  the  Price  Development   Company   Limited
Partnership's actual results could  differ  materially  from those set forth in
such forward-looking statements.




                                        PART I


ITEM 1.   FINANCIAL STATEMENTS
------------------------------

    The information furnished in the accompanying financial  statements  listed
in  the  index  on  page  2 of this Quarterly Report on Form 10-Q reflects only
normal recurring adjustments which are, in the opinion of management, necessary
for a fair presentation of  the  aforementioned  financial  statements  for the
interim periods.

    The aforementioned financial statements should be read in conjunction  with
the  notes to the financial statements and Management's Discussion and Analysis
of Financial Condition and Results of Operations and Price Development Company,
Limited Partnership's Quarterly Reports on Form 10-Q for the three months ended
March  31, 2000 and the six months ended June 30, 2000 and the Annual Report on
Form 10-K  for  the  year  ended  December  31,  1999,  including the financial
statements and notes thereto.
<PAGE> 3

                    PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         CONDENSED CONSOLIDATED BALANCE SHEET
                                (DOLLARS IN THOUSANDS)

<TABLE>
<CAPTION>
<S>                                                                 <C>                     <C>
                                                                      (UNAUDITED)
                                                                     --------------
                                                                      SEPTEMBER 30,          DECEMBER 31,
                                                                          2000                  1999
                                                                     --------------          ------------
ASSETS
Real Estate Assets, Including Assets Under Development
 of $26,991 and $18,389                                              $      900,471          $    876,388
 Less:  Accumulated Depreciation                                           (149,822)             (135,027)
                                                                     --------------          ------------
    Net Real Estate Assets                                                  750,649               741,361
Cash                                                                          6,049                 7,767
Restricted Cash                                                               4,088                 3,149
Accounts Receivable, net                                                      8,320                10,368
Deferred Charges, net                                                         8,089                 7,526
Other Assets                                                                  6,397                 6,055
                                                                     --------------          ------------
                                                                     $      783,592          $    776,226
                                                                     ==============          ============
LIABILITIES AND PARTNERS' CAPITAL
Borrowings                                                           $      449,251          $    438,241
Accounts Payable and Accrued Expenses                                        16,874                16,716
Distributions Payable                                                         9,511                    --
Other Liabilities                                                               846                   847
                                                                     --------------          ------------
                                                                            476,482               455,804
                                                                     --------------          ------------
Minority Interest                                                             2,107                 2,429
                                                                     --------------          ------------
Commitments and Contingencies
Partners' Capital
  General Partner                                                           164,085               182,951
  Preferred Limited Partners                                                112,327               104,571
  Common Limited Partners                                                    28,591                30,471
                                                                     --------------          ------------
                                                                            305,003               317,993
                                                                     --------------          ------------
                                                                     $      783,592          $    776,226
                                                                     ==============          ============
</TABLE>




                              See accompanying notes to financial statements.
<PAGE> 4
                    PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                    CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
                                      (UNAUDITED)
                  (IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT AMOUNTS)

<TABLE>
<CAPTION>
<S>
                                                             FOR THE THREE MONTHS ENDED           FOR THE NINE MONTHS ENDED
                                                                    SEPTEMBER 30,                       SEPTEMBER 30,
                                                           -------------------------------       -----------------------------
<S>                                                       <C>                <C>                <C>               <C>
                                                               2000               1999              2000              1999
                                                           ------------       ------------       -----------       -----------
Revenues
  Minimum Rents                                            $     26,038       $     23,316       $    75,525       $    71,486
  Percentage and Overage Rents                                      376                218             1,128               948
  Recoveries from Tenants                                         8,174              7,785            23,367            21,712
  Interest                                                          238                147               554               431
  Other                                                             374                 62             1,779               271
                                                           ------------       ------------       -----------       -----------
                                                                 35,200             31,528           102,353            94,848
                                                           ------------       ------------       -----------       -----------
Expenses
  Operating and Maintenance                                       6,663              5,881            18,377            16,660
  Real Estate Taxes and Insurance                                 3,580              3,398            10,883            10,236
  General and Administrative                                      1,699              1,535             4,876             5,067
  Depreciation                                                    7,188              5,674            19,734            17,116
  Amortization of Deferred Financing Costs                          424                400             1,231             1,238
  Amortization of Deferred Leasing Costs                            211                137               569               482
  Interest                                                        7,861              6,324            22,952            21,023
                                                           ------------       ------------       -----------       -----------
                                                                 27,626             23,349            78,622            71,822
                                                           ------------       ------------       -----------       -----------
                                                                  7,574              8,179            23,731            23,026
Minority Interest in Loss (Income) of
 Consolidated Partnerships                                          144                216               290              (711)
Gain on Sales of Real Estate                                        373                 --             2,002                --
                                                           ------------       ------------       -----------       -----------
Net Income Before Extraordinary Item                              8,091              8,395            26,023            22,315
Extraordinary Item - Loss on Early Extinguishment
of Debt                                                             (98)              (985)              (98)             (985)
                                                           ------------       ------------       -----------       -----------
Net Income                                                        7,993              7,410            25,925            21,330
Preferred Unit Distribution                                      (2,579)            (1,135)           (7,505)           (3,502)
                                                           ------------       ------------       -----------       -----------
Net Income Available to Common Unitholders                 $      5,414       $      6,275       $    18,420       $    17,828
                                                           ============       ============       ===========       ===========
Basic Earning Per Partnership Unit
 Income Before Extraordinary Item                          $       0.28       $       0.34       $      0.93       $      0.88
 Extraordinary Item                                               (0.01)             (0.05)            (0.01)            (0.05)
                                                           ------------       ------------       -----------       -----------
 Net Income                                                $       0.27       $       0.29       $      0.92       $      0.83
                                                           ============       ============       ===========       ===========
Diluted Earnings Per Partnership Unit
 Income Before Extraordinary Item                          $       0.28       $       0.34       $      0.93       $      0.88
 Extraordinary Item                                               (0.01)             (0.05)            (0.01)            (0.05)
                                                           ------------       ------------       -----------       -----------
 Net Income                                                $       0.27       $       0.29       $      0.92       $      0.83
                                                           ============       ============       ===========       ===========
Basic Weighted Average Number of
 Partnership Units Outstanding                                   19,855             21,318            19,961            21,318
Add:  Dilutive Effect of Stock Options                               17                 41                 9                45
                                                           ------------       ------------       -----------       -----------
Diluted Weighted Average Number of
 Partnership Units Outstanding                                   19,872             21,359            19,970            21,363
                                                           ============       ============       ===========       ===========
</TABLE>

<PAGE> 5
                     PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                     CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
                                       (UNAUDITED)
                                 (DOLLARS IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                        For the Nine Months ended September 30,
                                                                       -----------------------------------------
<S>                                                                   <C>                      <C>
                                                                              2000                    1999
                                                                       ----------------         ----------------
NET CASH PROVIDED BY OPERATING ACTIVITIES                              $         51,208         $         40,484
                                                                       ----------------         ----------------
CASH FLOWS FROM INVESTING ACTIVITIES
Real Estate Assets, Developed or Acquired, Net of Accounts Payable              (33,773)                 (44,015)
Proceeds from Sales of Real Estate                                                2,289                       --
Increase in Restricted Cash                                                        (939)                    (407)
                                                                       ----------------         ----------------
    Net Cash Used in Investing Activities                                       (32,423)                 (44,422)
                                                                       ----------------         ----------------
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Borrowings                                                        145,500                   74,516
Repayment of Borrowings                                                        (134,490)                (154,063)
Proceeds from Minority Partners                                                      36                       --
Net Proceeds from Issuance of Preferred Units                                     7,756                  104,571
Distributions to Preferred Unitholders                                           (7,505)                  (2,025)
Distributions to Minority Interests                                                 (68)                     (50)
Distributions to Partners                                                       (19,023)                 (19,788)
Deferred Financing Costs                                                         (2,077)                    (629)
Repurchase of Common Units                                                      (10,632)                      --
                                                                       ----------------         ----------------
    Net Cash (Used in) Provided By Financing Activities                         (20,503)                   2,532
                                                                       ----------------         ----------------

Net Decrease in Cash                                                             (1,718)                  (1,406)
Cash, Beginning of Period                                                         7,767                    5,123
                                                                       ----------------         ----------------
Cash, End of Period                                                    $          6,049         $          3,717
                                                                       ================         ================
</TABLE>


                              See accompanying notes to financial statements.
<PAGE> 6

              PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)
           (DOLLARS IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT DATA)

1.  BUSINESS SUMMARY AND SIGNIFICANT ACCOUNTING POLICIES

    Price    Development   Company,   Limited   Partnership   (the   "Operating
Partnership")  is  primarily  engaged  in  the  business  of  owning,  leasing,
managing,  operating, developing and redeveloping malls, community centers  and
other commercial  properties.  The  tenant  base  includes  primarily national,
regional and retail chains and local retail companies. Consequently, the credit
risk  is  concentrated  in the retail industry.   JP Realty, Inc.,  a  Maryland
corporation (the "Company"),  is  the  sole  general  partner  of the Operating
Partnership.  The Company conducts all of its business operations  through, and
holds a controlling 82% general partner interest in, the Operating Partnership.
As  calculated,  the  Company's percentage of general partner interest  in  the
Operating Partnership was  based  on  the number of outstanding common units of
limited partner interest (excluding outstanding  preferred units of the limited
partner  interest)  on  September  30,  2000.   Since  there  are  no  material
differences  between  the Company and the Operating Partnership  they  will  be
collectively  referred  to   as  the  "Company"  unless  the  context  requires
otherwise.

    The interim financial data  for  the  three and nine months ended September
30, 2000 and 1999 is unaudited; however, in  the  opinion  of  the Company, the
interim  financial  data  includes all adjustments, consisting only  of  normal
recurring adjustments, necessary  for  a  fair statement of the results for the
interim  periods.   Certain  amounts  in  the financial  statements  have  been
reclassified to conform with the third quarter 2000 presentation.

    On January 1, 2000, the Company stopped  accruing  revenues  for percentage
and  overage  rents  on  a  straight-line  basis  based  upon recent accounting
guidance issued by the Securities and Exchange Commission  in  Staff Accounting
Bulletin  No.  101 "Revenue Recognition".  Prior to the issuance of  the  Staff
Accounting Bulletin  No.  101  "Revenue  Recognition,"  the  Company recognized
percentage  and  overage  rents  revenue monthly on an accrual basis  based  on
estimated annual amounts.  Under the new guidance, percentage and overage rents
revenue is recognized in the interim periods in which the specified target that
triggers the contingent rental income is achieved.

    As  a  result  of  adopting Staff  Accounting  Bulletin  No.  101  "Revenue
Recognition," percentage  and  overage  rents  revenue  and total revenues were
restated and reduced by $870 and $2,278 during the three  and nine months ended
September 30, 1999, respectively, which amounts will be recognized  during  the
fourth  quarter  of  1999.   In  addition, if the change in revenue recognition
described above had not been made, the net income for the three and nine months
ended September 30, 1999 would have  been $6,465 and $21,583, respectively, and
basic  and diluted earnings per share would  have  been  $0.30  for  the  three
months, and $1.01 for the nine months, respectively.


2.  NET REAL ESTATE ASSETS

    Net real estate assets consists of the following:

<TABLE>
<CAPTION>
<S>                                                                          <C>
                                                                              SEPTEMBER 30,
                                                                                  2000
                                                                              -------------
Land                                                                          $     106,565
Building                                                                            766,915
                                                                              -------------
                                                                                    873,480
Less:  Accumulated Depreciation                                                    (149,822)
                                                                              -------------
Operating Real Estate Assets                                                        723,658
Real Estate Under Development                                                        26,991
                                                                              -------------
Net Real Estate Assets                                                        $     750,649
                                                                              =============
</TABLE>

<PAGE> 7
              PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)
           (DOLLARS IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT DATA)

3.    BORROWINGS
<TABLE>
<CAPTION>                                                                             <C>
<S>                                                                                    SEPTEMBER 30,
                                                                                          2000
                                                                                       -------------
Notes, unsecured; interest at 7.29%, maturing 2005 to 2008                             $     100,000
Credit facility, unsecured; weighted average interest at 7.7% during 2000                    115,000
due in 2003
Mortgage payable, secured by real estate; interest at 6.68%,  due in 2008                     82,776
Notes, secured by real estate; interest at 6.37%, due in 2001                                 61,223
Construction loan, secured by real estate; interest at 8.13%
 as of September 30, 2000, due in 2001                                                        43,792
Construction loan, secured by real estate; interest at 8.13%
 as of September 30, 2000, due in 2001                                                        41,600
Other notes payable, secured by real estate; interest ranging
 from 7.0% to 9.99% maturing 2001 to 2095                                                      4,860
                                                                                       -------------
                                                                                       $     449,251
                                                                                       =============
</TABLE>


      On October 16, 1997, the Operating Partnership obtained a $150,000 three-
year unsecured  credit  facility  (the  "Credit  Facility") from a syndicate of
banks.  On December 18, 1997, the amount was increased  to  $200,000.   On July
28,  2000,  the  Operating  Partnership replaced the Credit Facility with a new
$200,000  unsecured  credit  facility  (the  "2000  Credit  Facility")  from  a
syndicate of banks lead by Bank One, NA.  The 2000 Credit Facility has a three-
year term and bears interest,  at  the  option of the Operating Partnership, at
one, or a combination of (i) the higher of the federal funds rate plus 50 basis
points or the prime rate or (ii) LIBOR plus a spread of 85 to 145 basis points.
The  LIBOR spread is determined by the Operating  Partnership's  credit  rating
and/or  leverage  ratio.   The 2000 Credit Facility also includes a competitive
bid option in the amount of $100,000 which will allow the Operating Partnership
to solicit bids for borrowings  from  the  bank  syndicate.   The  2000  Credit
Facility  will  be  used  for general corporate purposes including development,
working capital, repayment  of  indebtedness and/or amortization payments.  The
2000 Credit Facility contains restrictive  covenants,  including limitations on
the amount of secured and unsecured debt and requires the Operating Partnership
to  maintain certain financial ratios.  The 2000 Credit Facility  was  used  to
pay-off  and replace the prior Credit Facility on July 28, 2000.  The write-off
of deferred  financing  related to the early extinguishment of the prior Credit
Facility makes up the extraordinary  loss  of  $80, net of minority interest of
$18.

      On  August  1,  2000,  the Operating Partnership  paid-off  the  mortgage
payable on Silver Lake Mall bearing  an  interest  rate  of  8.5% per annum and
having  a  principal  balance of $11,950 with borrowings from the  2000  Credit
Facility.

      The $100,000 notes  have  an interest rate of 7.29% payable semi annually
on March 11th and September 11th  of  each year.  The Operating Partnership had
entered into an interest rate protection  agreement  in anticipation of issuing
these notes and received $270 as a result of terminating  this agreement making
the effective rate of interest on these notes 7.24%.

4.    SCHEDULE OF MATURITIES OF BORROWINGS

      The  following  summarizes  the  scheduled  maturities of  borrowings  at
September 30, 2000:

<TABLE>
<CAPTION>
<S>                                                          <C>
YEAR                                                             Total
----                                                          -------------
2000                                                          $         244
2001                                                                149,082
2002                                                                  1,078
2003                                                                116,426
2004                                                                  1,187
2005                                                                 26,271
Thereafter                                                          154,963
                                                              -------------
                                                              $     449,251
                                                              =============
</TABLE>

<PAGE> 8
              PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)
           (DOLLARS IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT DATA)

5.    PRO FORMA FINANCIAL INFORMATION

      The following unaudited pro forma summary financial  information  for the
nine  months  ended  September  30,  2000  and 1999 is presented as if the 1999
issuances of Series A and Series B Preferred  Units  and  the  2000 issuance of
Series C Preferred Units (Note 4) had been consummated as of January 1, 1999.
<TABLE>
<CAPTION>
                                                          FOR THE NINE MONTHS ENDED SEPTEMBER 30,
<S>                                                      <C>                  <C>
                                                               2000                   1999
                                                          -----------------     -----------------
Total Revenues                                            $         102,353     $          94,848
Net Income Available to Common Unitholder                 $          18,481     $          18,471
Basic Earnings Per Partnership Unit                       $            0.93     $            0.87
Diluted Earnings Per Partnership Unit                     $            0.93     $            0.86
</TABLE>


      The  pro  forma  financial information summarized above is presented  for
information purposes only  and  may not be indicative of what actual results of
operations would have been had the issuances of Series A, Series B and Series C
Preferred Units been completed as  of  January  1, 1999, nor does it purport to
represent the results of operations for future periods.

6.  PARTNERS' CAPITAL

    The following table summarizes changes in partners'  capital since December
31, 1999:

<TABLE>
<CAPTION>
<S>                                                   <C>                <C>             <C>           <C>
                                                                          PREFERRED        COMMON
                                                          GENERAL          LIMITED         Limited
                                                          PARTNER          PARTNER         Partners          TOTAL
                                                       -------------      -----------     ----------    -------------
Partners' Capital at December 31, 1999                 $     182,951      $   104,571     $   30,471    $     317,993
Conversion of Limited Partners' Interests                          1               --             (1)              --
Preferred Units Issued                                            --            7,756             --            7,756
Distributions Paid                                           (15,532)              --         (3,491)         (19,023)
Distributions Accrued                                         (7,766)              --         (1,745)          (9,511)
Net Income                                                    15,063            7,505          3,357           25,925
Preferred Unit Distribution                                       --           (7,505)            --           (7,505)
Repurchase of Common Units                                   (10,632)              --             --          (10,632)
                                                       -------------      -----------     ----------    -------------
Partners' Capital at September 30, 2000                $     164,085      $   112,327     $   28,591    $     305,003
                                                       =============      ===========     ==========    =============
</TABLE>

    On April 23, 1999, the Operating Partnership issued 510,000  Series A 8.75%
cumulative  redeemable  preferred units (the "Series A Preferred Units")  in  a
private placement.  Each  Series  A Preferred Unit represents a unit of limited
partner interest with a liquidation value of twenty-five dollars per unit.  The
Operating Partnership used the net  proceeds  of  approximately $12,345 for the
partial repayment of borrowings outstanding under the Credit Facility.

    On July 28, 1999, the Operating Partnership also  issued 3,800,000 Series B
8.95% cumulative redeemable preferred units (the "Series B Preferred Units") in
a private placement.  Each Series B Preferred Unit represents a unit of limited
partner interest with a liquidation value of twenty-five dollars per unit.  The
Operating  Partnership  used  the proceeds of approximately  $92,226  to  repay
$90,000 in borrowings outstanding  under  the  Credit  Facility and to increase
operating cash.

    On  May 1, 2000, the Operating Partnership issued 320,000  Series  C  8.75%
cumulative  redeemable  preferred  units  (the "Series C Preferred Units") in a
private placement.  Each Series C Preferred  Unit  represents a unit of limited
partner interest with a liquidation value of twenty-five dollars per unit.  The
Operating  Partnership used the net proceeds of approximately  $7,756  for  the
partial repayment of borrowings outstanding under the Credit Facility.

<PAGE> 9
              PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)
           (DOLLARS IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT DATA)

6.  PARTNERS' CAPITAL (CONTINUED)

    The Operating  Partnership  makes quarterly distributions to the holders of
the Series A, Series B and Series  C  Preferred  Units  on the last day of each
March, June, September and December.  For the nine months  ended  September 30,
2000,  distributions  for  the Series A, Series B and Series C Preferred  Units
were approximately $837, $6,376 and $292, respectively.

    In October 1999, the Board of Trustees authorized the Company to repurchase
up to $25,000 of the Company's  Common  Stock through open market purchases and
private transactions.  Through December 31,  1999,  the Company had repurchased
approximately 856,600 shares of Common Stock for a total  cost of approximately
$14,366.   During  the  nine  months  ended  September 30, 2000,  approximately
606,500  additional shares of stock were purchased  for  $10,632.   All  shares
which have  been  repurchased  have  been  retired.   The Operating Partnership
repurchased an equivalent number of Common Units from the Company.

7.  SEGMENT INFORMATION

    In 1998, the Company adopted SFAS No. 131 "Disclosures about Segments of an
Enterprise  and Related Information."  The following information  presents  the
Operating Partnership's  three  reportable  segments  -  1)  regional malls, 2)
community centers and 3) commercial properties in conformity with SAS No. 131.

    The accounting policies of the segments are the same as those  described in
the "Summary of Significant Accounting Policies" in the Operating Partnership's
Annual Report on Form 10-K for the year ended December 31, 1999.  Segment  data
includes  total  revenues  and  property,  net  operating income (revenues less
operating and maintenance expense and real estate  taxes  and insurance expense
("Property NOI")).  The Operating Partnership evaluates the  performance of its
segments and allocates resources to them based on Property NOI.

    The  regional  mall segment consists of 18 regional malls in  seven  states
containing approximately  10,412,000  square  feet of total gross leasable area
("GLA") and which range in size from approximately  296,000 to 1,171,000 square
feet of total GLA.

    The  community  center segment consists of 25 properties  in  seven  states
containing  approximately   3,362,000   square   feet  of  total  GLA  and  one
freestanding retail property containing approximately 2,000 square feet of GLA.

    The   commercial  properties  include  six  mixed-use   commercial/business
properties  with  38  commercial  buildings  containing approximately 1,354,000
square feet of GLA which are located primarily in the Salt Lake City, Utah area
where the Company's headquarters is located.

    The  table  below presents information about  the  Operating  Partnership's
reportable segments for the nine months ended September 30:
<TABLE>
<CAPTION>
<S>                                             <C>             <C>               <C>               <C>             <C>
                                                 REGIONAL         COMMUNITY        COMMERCIAL
                                                   MALLS           CENTERS         PROPERTIES          OTHER           TOTAL
                                                 ----------      -----------       -----------       ----------      ----------
2000
----
Total Revenues                                   $   81,437      $    14,222       $     5,892       $      802      $  102,353
Property Operating Expenses (1)                      24,292            3,609             1,305               54          29,260
                                                 ----------      -----------       -----------       ----------      ----------
Property NOI (2)                                     57,145           10,613             4,587              748          73,093
Unallocated Expenses (3)                                 --               --                --          (49,362)        (49,362)
Unallocated Minority Interest (4)                        --               --                --              290             290
Unallocated Other(5)                                     --               --                --            1,904           1,904
Consolidated Net Income                                  --               --                --               --          25,925
Additions to Real Estate Assets                      15,971              843               407               --          17,221
Total Assets (6)                                    654,079           81,347            29,741           18,425         783,592
</TABLE>

<PAGE> 10

              PRICE DEVELOPMENT COMPANY, LIMITED PARTNERSHIP
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)
           (DOLLARS IN THOUSANDS, EXCEPT PER PARTNERSHIP UNIT DATA)

7.    SEGMENT INFORMATION (CONTINUED)
<TABLE>
<CAPTION>
<S>                                             <C>             <C>               <C>               <C>             <C>
                                                 REGIONAL         COMMUNITY        COMMERCIAL
                                                   MALLS           CENTERS         PROPERTIES          OTHER           TOTAL
                                                 ----------      -----------       -----------       ----------      ----------
1999
----
Total Revenues (7)                               $   73,401      $    15,118       $     5,540       $      789      $   94,848
Property Operating Expenses (1)                      22,444            3,154             1,298               --          26,896
                                                 ----------      -----------       -----------       ----------      ----------
Property NOI (2) (7)                                 50,957           11,964             4,242              789          67,952
Unallocated Expenses (3)                                 --               --                --          (44,926)        (44,926)
Unallocated Minority Interest (4)                        --               --                --             (711)           (711)
Unallocated Other (5)                                    --               --                --             (985)           (985)
Consolidated Net Income                                  --               --                --               --          21,330
Additions to Real Estate Assets                      38,009            5,333               906               97          44,345
Total Assets (6)                                    625,665           83,512            30,968           15,346         755,779
</TABLE>
-----------------------
(1) Property operating  expenses consist of operating, maintenance, real estate
    taxes and insurance as  listed  in  the condensed consolidated statement of
    operations.
(2) Total revenues minus property operating expenses.
(3) Unallocated expenses consist of general  and  administrative, depreciation,
    amortization of deferred financing costs, amortization  of deferred leasing
    costs  and  interest as listed in the condensed consolidated  statement  of
    operations.
(4) Unallocated minority  interest  includes  minority  interest  in  income of
    consolidated partnerships as listed in the condensed consolidated statement
    of operations.
(5) Unallocated  other  includes gain on sales of real estate and extraordinary
    item-loss on early extinguishment  of  debt  as  listed in the consolidated
    statement of operations.
(6) Unallocated   other   total   assets   include  cash,  corporate   offices,
    miscellaneous real estate and deferred financing costs.
(7) Included in community centers total revenue  and property NOI is a one-time
    $1,957 non-cash transaction.


8. SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

   Unitholders of the Operating Partnership elected  to  convert  125  and  200
common  units of limited partner interest having a recorded value of $1 and $2,
respectively,  into  an  equal number of shares of Common Stock during the nine
months ended September 30, 2000 and 1999, respectively.

<TABLE>
<CAPTION>
<S>                                                                <C>                 <C>
                                                                     SEPTEMBER 30,      SEPTEMBER 30,
                                                                         2000               1999
                                                                    --------------      -------------
SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS
The following non-cash transactions occurred:
Distributions accrued for general partner not paid                  $        7,766      $       8,185
Distributions accrued for limited partners not paid                 $        1,745      $       1,710

</TABLE>
<PAGE> 12

ITEM 2.     MANAGEMENT'S DISCUSSION  AND  ANALYSIS  OF  FINANCIAL CONDITION AND
            RESULTS OF OPERATIONS

OVERVIEW

   The following discussion should be read in conjunction with the Consolidated
Financial  Statements  of  the  Operating  Partnership  and the  notes  thereto
appearing elsewhere herein.

   JP  Realty, Inc. is a fully integrated, self-administered  and  self-managed
REIT primarily  engaged  in  the  ownership,  leasing,  management,  operating,
development, redevelopment and acquisition of retail properties in Utah, Idaho,
Colorado, Arizona, Nevada, New Mexico and Wyoming (the "Intermountain Region"),
as  well as in Oregon, Washington and California. JP Realty, Inc. conducts  all
of its business operations through, and held an 82% controlling general partner
interest  in,  Price  Development  Company, Limited Partnership ("the Operating
Partnership") as of September 30, 2000.  The  Operating  Partnership's existing
portfolio consists of 50 properties, in three operating segments,  including 18
enclosed  regional  malls,  25 community centers together with one freestanding
retail property and six mixed-use commercial properties.

   The Company's operations in 2000 were positively impacted by the October 20,
1999 opening of the Mall at Sierra  Vista,  the  November 11, 1999 opening of a
sixteen screen Cinemark Theater at Provo Towne Center,  the  expansion at Boise
Towne Plaza as well as its other development activities.  Since  September  30,
1999,  development  activities  added  a  combined 542,100 square feet of total
gross leasable area ("GLA") to the retail portfolio  (335,000  square  feet  in
October  1999,  74,000  square  feet in November 1999, in 12,200 square feet in
December 1999, 5,000 square feet  in  February 2000, 12,900 square feet in June
2000 and 103,000 square feet in September 2000).

   JP  Realty,  Inc.  together with the Operating  Partnership  and  its  other
subsidiaries, shall be referred to herein as (the "Company").

REVENUE RECOGNITION

   On January 1, 2000, the Company stopped accruing revenues for percentage and
overage rents on a straight-line  basis  based  upon recent accounting guidance
issued by the Securities and Exchange Commission  in  Staff Accounting Bulletin
No. 101 "Revenue Recognition."  Prior to the issuance of  the  Staff Accounting
Bulletin  No. 101 "Revenue Recognition," the Company recognized percentage  and
overage rents  revenue  monthly  on  an accrual basis based on estimated annual
amounts.   Under the new guidance, percentage  and  overage  rents  revenue  is
recognized in  the  interim periods in which the specified target that triggers
the contingent rental income is achieved.

   As  a  result  of  adopting  Staff  Accounting  Bulletin  No.  101  "Revenue
Recognition," percentage  and  overage  rents  revenue  and total revenues were
restated and reduced by $870 and $2,278 during the three  and nine months ended
September 30, 1999, respectively, which amounts will be recognized  during  the
fourth  quarter  of  1999.   In  addition, if the change in revenue recognition
described above had not been made, the net income for the three and nine months
ended September 30, 1999 would have  been $6,465 and $21,583, respectively, and
basic  and diluted earnings per share would  have  been  $0.30  for  the  three
months, and $1.01 for the nine months, respectively.

RESULTS OF OPERATIONS

   COMPARISON  OF  NINE  MONTHS  ENDED  SEPTEMBER 30, 2000 TO NINE MONTHS ENDED
SEPTEMBER 30, 1999 (DOLLARS IN THOUSANDS)

   Total revenues for the nine months ended September 30, 2000 increased $7,505
or 8% to $102,353 as compared to $94,848  in  1999.  This increase is primarily
attributable to a $4,039 or 6% increase in minimum rents to $75,525 as compared
to $71,486 in 1999.  The October 20, 1999 opening  of the Mall at Sierra Vista,
the November 11, 1999 opening of Cinemark Theater at Provo Towne Centre and the
expansion of Boise Towne Plaza contributed $2,609 to the minimum rent increase.
The remaining growth in minimum rents was the result  of internal growth, lease
termination revenues recorded from tenant settlements,  offset by $1,957 from a
one-time, non-cash transaction recorded in 1999.

   Other revenues increased $1,508 to $1,779 as compared to $271 in 1999.  This
increase is due to redevelopment agency sums for the current  period  plus  the
final settlement in 2000 of such sums related to 1999.

   Revenues  recognized from straight-line rents were $1,183 in 2000 and $1,052
in 1999.

   Recoveries  from  tenants  increased  $1,655 or 8% to $23,367 as compared to
$21,712  in  1999.   Property  operating  expenses,   including  operating  and
maintenance, and real estate taxes and insurance increased  $1,717  or  10% and
$647 or 6%, respectively.  The opening of the Mall at Sierra Vista and Cinemark
Theatre at Provo Towne Centre contributed $606 to recoveries from tenants, $619
to  property operating expenses, including operating and maintenance, and  $400
to real estate taxes and insurance.  Recoveries from tenants as a percentage of
property operating expenses were 80% in 2000 compared to 81% in 1999.

   General and administrative expense decreased $191 or 4% to $4,876 in 2000 as
compared  to  $5,067  in  1999.   The  decrease  is  primarily due to decreased
insurance expenses related to the Company's health insurance plan.

   Depreciation and amortization increased $2,698 or 14% to $21,534 as compared
to  $18,836  in  1999.   This increase is attributable to  higher  depreciation
expense from newly developed  GLA  and  reductions  in  asset  lives on certain
tenant improvements in both years.

   Interest expense increased $1,929 or 9% to $22,952 as compared to $21,023 in
1999.   This increase resulted from higher interest rates on higher  borrowings
and  a decrease  in  capitalized  interest  due  to  completed  GLA.   Interest
capitalized  on  projects  under  development was $1,245 in 2000 as compared to
$1,887 in 1999.

   The Operating Partnership issued preferred units in three transactions.  One
in each of the second and third quarters  of  1999  and  the  second quarter of
2000,  which resulted in net proceeds of approximately $112,327.   The  Company
used approximately  $110,100 to reduce borrowings.  The reduction of net income
for the nine months ended  September  30,  2000  associated  with  issuing  the
preferred units was approximately $1,859.

   Gain  on  sales of real estate in 2000 was $2,002 as compared to no sales in
1999.

    COMPARISON  OF  THREE MONTHS ENDED SEPTEMBER 30, 2000 TO THREE MONTHS ENDED
SEPTEMBER 30, 1999 (DOLLARS IN THOUSANDS)

    Total revenues for  the  three  months  ended  September 30, 2000 increased
$3,672  or 12% to $35,200 as compared to $31,528 in 1999.    This  increase  is
primarily  attributable to a $2,722 or 12% increase in minimum rents to $26,038
as compared  to  $23,316  in 1999.  The October 20, 1999 opening of the Mall at
Sierra Vista, the November  11, 1999 opening of Cinemark Theater at Provo Towne
Centre and the expansion of Boise  Towne  Plaza contributed $764 to the minimum
rent increase.  The remaining growth in minimum  rents  was the result of other
internal   growth   and   lease  termination  revenues  recorded  from   tenant
settlements.

    Other revenues increased  $312  to  $374  as compared to $62 in 1999.  This
increase is due to redevelopment agency sums for the current period.

    Revenues recognized from straight-line rents  were $384 in 2000 and $429 in
1999.

    Recoveries  from  tenants increased $389 or 5% to  $8,174  as  compared  to
$7,785  in  1999.   Property   operating   expenses,  including  operating  and
maintenance, and real estate taxes and insurance increased $782 or 13% and $182
or 5%, respectively.  The opening of The Mall  at  Sierra  Vista  and  Cinemark
Theatre at Provo Towne Center contributed $240 to recoveries from tenants, $267
to  property operating expenses, including operating and maintenance, and  $151
to real estate taxes and insurance.  Recoveries from tenants as a percentage of
property operating expenses were 80% in 2000 compared to 84% in 1999.

    General  and administrative expense increased $164 or 11% to $1,699 in 2000
as compared to $1,535 in 1999.

    Depreciation  and  amortization  increased  $1,612 to $7,823 from $6,211 in
1999.  The increase is the result of depreciation  from newly developed GLA and
changes  as a result of charges in asset lives on certain  tenant  improvements
and the increase from newly developed GLA.

    Interest expense increased $1,537 or 24% to $7,861 as compared to $6,324 in
1999.  This  increase  resulted from higher interest rates on higher borrowings
and  a  decrease  in capitalized  interest  due  to  completed  GLA.   Interest
capitalized on projects  under development was $445 in 2000 as compared to $848
in 1999.

    The Operating Partnership completed three preferred unit transactions.  One
in each of the second and  third  quarters  of 1999 and second quarter of 2000,
which  resulted in net proceeds of approximately  $112,327.  The  Company  used
approximately  $110,100  to reduce borrowings.  The reduction of net income for
the quarter ended September  30,  2000  associated  with  issuing the preferred
units was $641.

    Gain on sales of real estate was $373 as compared to no sales in 1999.

 LIQUIDITY AND CAPITAL RESOURCES

    The  Company's principal uses of its liquidity and capital  resources  have
historically   been   for   distributions,   property   acquisitions,  property
development, expansion and renovation programs and debt repayment.  To maintain
its qualification as a REIT under the Internal Revenue Code of 1986, as amended
(the  "Code"),  the  Company is required to distribute to its  stockholders  at
least 95% of its "Real  Estate  Investment Trust Taxable Income," as defined in
the Code.  For the quarter ended  September  30,  2000,  the Company declared a
dividend  of  $.48  per share payable October 17, 2000 to the  stockholders  of
record as of October 5, 2000.

    The  Company's  principal  source  of  liquidity  is  its  cash  flow  from
operations generated  from  its  real  estate investments.  As of September 30,
2000, the Company's cash and restricted  cash  amounted  to approximately $10.1
million.   In addition to its cash and restricted cash, unused  capacity  under
the 2000 Credit Facility at September 30, 2000 totaled $75.5 million.

    The Company  expects  to  meet  its short-term cash requirements, including
distributions,  recurring  capital  expenditures  related  to  maintenance  and
improvement   of  existing  properties,  through   undistributed   funds   from
operations, cash balances and advances under the 2000 Credit Facility.

    The Company's  principal  long-term  liquidity  requirements  will  be  the
repayment  of  principal on its outstanding secured and unsecured indebtedness.
At  September 30,  2000,  the  Company's  total  outstanding  indebtedness  was
approximately  $449.3  million.   Such  indebtedness  included:  (i)  the $61.2
million, 6.37% notes secured by real estate which mature in January 2001;  (ii)
the  Provo  Towne Centre construction loan of approximately $43.8 million which
is due in July  2001;  (iii) the Spokane Valley Mall construction loan of $41.6
million which is due in  August  2001;  (iv)  the  2000  Credit Facility with a
balance of $115 million maturing July 2003; (v) the $100 million  senior  notes
principal  payable  of  $25  million  a year beginning March 2005; and (vi) the
$82.8  million,  6.68% first mortgage, which  requires  a  balloon  payment  of
approximately $73.0 million in September 2008.

    On April 23, 1999,  the  Operating  Partnership  issued  510,000  Series  A
Preferred  Units  in  a  private  placement.   Each  Series  A  Preferred  Unit
represents  a  unit  of  limited  partner  interest with a liquidation value of
twenty-five dollars per unit.  The Operating  Partnership used the net proceeds
of  approximately  $12.3  million  for  the  partial  repayment  of  borrowings
outstanding  under  the  Credit  Facility.  On July  28,  1999,  the  Operating
Partnership  also issued 3,800,000  Series  B  Preferred  Units  in  a  private
placement.   Each  Series  B  Preferred  Unit  represents  a  unit  of  limited
partnership interest  with a liquidation value of twenty-five dollars per unit.
The Operating Partnership  used  the proceeds of approximately $92.2 million to
repay $90 million in borrowings outstanding  under  the  Credit Facility and to
increase  operating  cash.   On  May 1, 2000, the Operating Partnership  issued
320,000  Series  C Preferred Units in  a  private  placement.   Each  Series  C
Preferred Unit represents a unit of limited partner interest with a liquidation
value of twenty-five  dollars per unit.  The Operating Partnership used the net
proceeds of $7.8 million  for  the  partial repayment of borrowings outstanding
under the Credit Facility.  Quarterly  distributions of approximately $278,900,
$2,125,600 and $175,000 are due to the holders  of  the  Series A, Series B and
Series C Preferred Units, respectively, on the last day of  each  March,  June,
September and December.

      The  Company  is  currently  involved in smaller expansion and renovation
projects at several of its properties,  which  will  be  financed  by  the 2000
Credit   Facility.   The  Company  is  also  contemplating  the  expansion  and
renovation   of  several  of  its  other  existing  properties  and  additional
development projects  and acquisitions as a means to expand its portfolio.  The
Company does not expect  to  generate  sufficient funds from operations to meet
such  long-term  needs and intends to finance  these  costs  primarily  through
advances  under  the  2000  Credit  Facility  together  with  equity  and  debt
offerings, individual  property  financing  and  selective  asset  sales.   The
availability of such financing will influence the Company's decision to proceed
with, and the pace of, its development and acquisition activities.

    On  September  2,  1997,  the Company and the Operating Partnership filed a
shelf registration statement on  Form  S-3  with  the  Securities  and Exchange
Commission  for  the  purpose  of  registering  common  stock, preferred stock,
depositary shares, common stock warrants, debt securities and guarantees.  This
registration statement, when combined with the Company's  unused portion of its
previous shelf registration, would allow for up to $400 million  of  securities
to be offered by the Company and the Operating Partnership.  On March 11, 1998,
pursuant to this registration statement, the Operating Partnership issued  $100
million of ten-year senior unsecured notes bearing annual interest at a rate of
7.29%.   The Operating Partnership had entered into an interest rate protection
agreement  in anticipation of issuing these notes and received $270 as a result
of terminating  this  agreement  making the effective rate of interest on these
notes  7.24%.   Interest payments are  due  semi-annually  on  March  11th  and
September 11th of each year. Principal payments of $25 million are due annually
beginning March 2005.   The  proceeds  were used to partially repay outstanding
borrowings under the Credit Facility.  At  September  30, 2000, the Company and
the  Operating  Partnership  had  an  aggregate of $300 million  in  registered
securities available under its effective shelf registration statement.

    The  Company  intends  to  fund its distribution,  development,  expansion,
renovation, acquisition and debt  repayment activities from its the 2000 Credit
Facility, from other debt and equity financings, including public financing and
from  selective  asset  sales.  The Company's  ratio  of  debt-to-total  market
capitalization was approximately 49% at September 30, 2000.

    The statements contained in this Quarterly Report of Form 10-Q that are not
purely historical fact are  forward  looking  statements,  including statements
regarding  the  Company's expectations, budgets, estimates and  contemplations.
Actual  future performance,  achievements  and  results  of  Price  Development
Company  Limited  Partnership  may  differ  materially from those expressed  or
implied  by such forward-looking statements as  a  result  of  such  known  and
unknown risks,  uncertainties,  assumptions  and  other factors. Representative
examples  of these factors include, without limitation,  general  industry  and
economic  conditions,  interest  rate  trends,  cost  of  capital  and  capital
requirements,  availability  of  real estate properties, competition from other
companies and venues for the sale/distribution of goods and services, shifts in
customer demands, tenant bankruptcies,  governmental  and public policy changes
and the continued availability of financing in the amounts  and  on  the  terms
necessary  to  support  the  future  business  of  the  Company.  Investors are
cautioned that the Company's actual results could differ materially  from those
set forth in such forward-looking statements.

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
          ----------------------------------------------------------

    The  Company's  exposure  to market risk is limited to fluctuations in  the
general level of interest rates  on  its  current and future fixed and variable
rate debt obligations.  The Company is vulnerable  to  significant fluctuations
in  interest  rates  on  its  variable  rate debt, on any future  repricing  or
refinancing of its fixed rate debt and on future debt.

    The Company uses long-term and medium-term  debt as a source of capital. At
September 30, 2000, the Company had approximately  $248,859,000  of  fixed rate
debt,  which  consisted of $100,000,000 unsecured senior notes and $148,859,000
in mortgages and  notes  secured  by  real estate.  The various fixed rate debt
instruments mature starting in the year 2001 through 2095. The weighted average
rate of interest on the fixed rate debt  was  approximately  6.9%  for the nine
months  ended  September 30, 2000.  When debt instruments of this type  mature,
the Company typically refinances such debt at the then-existing market interest
rates which may  be  more or less than the interest rates on the maturing debt.
In addition, the Company  may  attempt  to reduce interest rate risk associated
with a forecasted issuance of new fixed rate  debt  by  entering  into interest
rate protection agreements.

    The  Company's  2000  Credit Facility and existing construction loans  have
variable interest rates and any fluctuation in interest rates could increase or
decrease the Company's interest expense. At September 30, 2000, the Company had
approximately $200,392,000  in  outstanding  variable  rate debt.  The weighted
average rate of interest on the variable interest rate debt  was  approximately
7.6%  for the nine months ended September 30, 2000.  If the interest  rate  for
the Company's  variable rate debt increased or decreased by 1% during 2000, the
Company's interest expense on its outstanding variable rate debt would increase
or decrease, as the case may be, by approximately $2,004,000, annually.

    Due to the uncertainty  of  fluctuations in interest rates and the specific
actions that might be taken by the  Company  to  mitigate  the  impact  of such
fluctuations  and  their  possible  effects, the foregoing sensitivity analysis
assumes no changes in the Company's financial structure.

<PAGE> 15

                                         PART II

ITEM 1.  LEGAL PROCEEDINGS
         -----------------

    The  Operating  Partnership is not  aware  of  any  pending  or  threatened
litigation at this time  that  will  have  a  material  adverse  effect  on the
Operating Partnership or any of its properties.


ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS
         -----------------------------------------

    Not applicable


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
         -------------------------------

         Not applicable.


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
         ---------------------------------------------------

         Not applicable


ITEM 5.  OTHER INFORMATION
         -----------------

         Not applicable.


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
         --------------------------------

    (a)  Exhibits

<PAGE> 16

<TABLE>
<CAPTION>
EXHIBIT
Number                               Description
------
<S>       <C>   <C>
4.1              Form of Debt Security (4.6)*
4.2              Indenture, dated March 11, 1998, by and between the Operating Partnership and The Chase
                 Manhattan Bank as trustee (4.8)*
4.3              First Supplemental Indenture, dated March 11, 1998, by and between the Operating Partnership
                 and The Chase Manhattan Bank as  trustee (4.9)*
10.1             Second Amended and Restated Agreement of Limited Partnership of Price Development Company,
                 Limited Partnership**
10.2             Agreement of Limited Partnership of Price Financing Partnership, L.P. (10(b))***
10.3             Loan Agreements related to Mortgage Debt and related documents (10(c))***
           i)    Deed of Trust, Mortgage, Security Agreement and Assignment of Leases and Rents of Price
                 Financing Partnership, L.P.
           ii)   Intentionally Omitted
           iii)  Indenture between Price Capital Corp. and a Trustee
           iv)   Limited Guarantee Agreement (Guarantee of Collection) for outside investors
           v)    Limited Guarantee Agreement (Guarantee of Collection) for Price Group Investors
           vi)   Cash Collateral Account Security, Pledge and Assignment Agreement among Price Financing
                 Partnership, L.P., Price Capital Corp. and Continental Bank N.A.
           vii)  Note Issuance Agency Agreement between Price Capital Corp. and Price Financing Partnership,
                 L.P.
           viii) Management and Leasing Agreement among Price Financing Partnership, L.P. and Price Development
                 Company, Limited Partnership
           ix)   Assignment of Management and Leasing Agreement of Price Financing Partnership, L.P.
10.6             Registration Rights Agreement among the Company and the Limited Partners of Price Development
                 Company, Limited Partnership (10(g))***
10.7             Amendment No. 1 to Registration Rights Agreement, dated August 1, 1995, among the Company and
                 the Limited Partners of Price Development Company, Limited Partnership***
10.8             Exchange Agreement among the Company and the Limited Partners of Price Development Company,
                 Limited Partnership (10(h))***
10.10            Amendment to Groundlease between Price Development Company and Alvin Malstrom as Trustee and
                 C.F. Malstrom, dated December 31, 1985. (Groundlease for Plaza 9400) (10(j))***
10.11            Lease Agreement between The Corporation of the President of the Church of Jesus Christ of
                 Latter Day Saints and Price-James and Assumptions, dated September 24, 1979.  (Groundlease for
                 Anaheim Plaza) (10(k))***
10.12            Indenture of Lease between Ambrose and Zelda Motta and Cordova Village, dated July 26, 1974,
                 and Amendments and Transfers thereto.  (Groundlease for Fort Union Plaza) (10(l))***
10.13            Lease Agreement between Advance Management Corporation and Price Rentals, Inc. and dated August
                 1, 1975 and Amendments thereto. (Groundlease for Price Fremont) (10(m))***
10.14            Groundlease between Aldo Rossi and Price Development Company, dated June 1, 1989, and related
                 documents.  (Groundlease for Halsey Crossing) (10(n))***
10.15            First Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                 Development Company, Limited Partnership**
10.16            Second Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                 Development Company, Limited Partnership**
10.17            Third Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                 Development Company, Limited Partnership****
10.18            Fourth Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                 Development Company, Limited Partnership*****
10.19            Fifth Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                 Development Company, Limited Partnership******
27.1             Financial Data Schedule
</TABLE>
<TABLE>
<CAPTION>
<S>    <C>     <C>
             *  Documents were previously filed with the Operating Partnership's Current Report on Form 8-K dated March 12, 1998,
                under the exhibit numbered in the parenthetical, and are incorporated herein by reference.
            **  Documents were previously filed with the Operating Partnership's Quarterly Report on Form 10-Q for the quarter ended
                June 30, 1999 and are incorporated herein by reference.
           ***  Documents were previously filed with the Company's Registration Statement on Form S-11, File No. 33-68844, under the
                exhibit numbered in the parenthetical, and are incorporated herein by reference.
          ****  Document was previously filed with Operating Partnership's Quarterly Report on Form 10-Q for the quarter ended
                September 30, 1999 and is incorporated herein by reference.
         *****  Document was previously filed with the Operating Partnership's Annual Report on Form 10-K for the year ended
                December 31, 1999 and is incorporated herein by reference.
        ******  Document was previously filed with Operating Partnership's Quarterly Report on Form 10-Q for the quarter ended March
                31, 2000 and is incorporated herein by reference.
</TABLE>
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<S>                      <C>
(b)                      CURRENT REPORTS ON FORM 8-K
                         None
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<PAGE> 17
                                 SIGNATURES

    Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused  this  report  to  be  signed  on  its behalf by the
undersigned thereunto duly authorized.

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<S>                                       <C>
                                           PRICE DEVELOPMENT COMPANY,
                                           LIMITED PARTNERSHIP
                                           (Registrant)
                                           By: JP Realty, Inc., its General Partner


           November 9, 2000                /s/ G. Rex Frazier
-------------------------------------      ------------------------------
                (Date)                     G. Rex Frazier
                                           PRESIDENT, CHIEF OPERATING OFFICER,
                                           AND DIRECTOR


           November 9, 2000                /s/ M. Scott Collins
-------------------------------------      --------------------------------
                (Date)                     M. Scott Collins
                                           VICE PRESIDENT--CHIEF FINANCIAL OFFICER
                                           (PRINCIPAL FINANCIAL
                                           & ACCOUNTING OFFICER)
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EXHIBIT
Number                               Description
------                               -----------
<S>       <C>    <C>
4.1               Form of Debt Security (4.6)*
4.2               Indenture, dated March 11, 1998, by and between the Operating Partnership and The Chase
                  Manhattan Bank as trustee (4.8)*
4.3               First Supplemental Indenture, dated March 11, 1998, by and between the Operating Partnership
                  and The Chase Manhattan Bank as  trustee (4.9)*
10.1              Second Amended and Restated Agreement of Limited Partnership of Price Development Company,
                  Limited Partnership**
10.2              Agreement of Limited Partnership of Price Financing Partnership, L.P. (10(b))***
10.3              Loan Agreements related to Mortgage Debt and related documents (10(c))***
           i)     Deed of Trust, Mortgage, Security Agreement and Assignment of Leases and Rents of Price
                  Financing Partnership, L.P.
           ii)    Intentionally Omitted
           iii)   Indenture between Price Capital Corp. and a Trustee
           iv)    Limited Guarantee Agreement (Guarantee of Collection) for outside investors
           v)     Limited Guarantee Agreement (Guarantee of Collection) for Price Group Investors
           vi)    Cash Collateral Account Security, Pledge and Assignment Agreement among Price Financing
                  Partnership, L.P., Price Capital Corp. and Continental Bank N.A.
           vii)   Note Issuance Agency Agreement between Price Capital Corp. and Price Financing Partnership,
                  L.P.
           viii)  Management and Leasing Agreement among Price Financing Partnership, L.P. and Price Development
                  Company, Limited Partnership
           ix)    Assignment of Management and Leasing Agreement of Price Financing Partnership, L.P.
10.6              Registration Rights Agreement among the Company and the Limited Partners of Price Development
                  Company, Limited Partnership (10(g))***
10.7              Amendment No. 1 to Registration Rights Agreement, dated August 1, 1995, among the Company and
                  the Limited Partners of Price Development Company, Limited Partnership***
10.8              Exchange Agreement among the Company and the Limited Partners of Price Development Company,
                  Limited Partnership (10(h))***
10.10             Amendment to Groundlease between Price Development Company and Alvin Malstrom as Trustee and
                  C.F. Malstrom, dated December 31, 1985. (Groundlease for Plaza 9400) (10(j))***
10.11             Lease Agreement between The Corporation of the President of the Church of Jesus Christ of
                  Latter Day Saints and Price-James and Assumptions, dated September 24, 1979.  (Groundlease for
                  Anaheim Plaza) (10(k))***
10.12             Indenture of Lease between Ambrose and Zelda Motta and Cordova Village, dated July 26, 1974,
                  and Amendments and Transfers thereto.  (Groundlease for Fort Union Plaza) (10(l))***
10.13             Lease Agreement between Advance Management Corporation and Price Rentals, Inc. and dated August
                  1, 1975 and Amendments thereto. (Groundlease for Price Fremont) (10(m))***
10.14             Groundlease between Aldo Rossi and Price Development Company, dated June 1, 1989, and related
                  documents.  (Groundlease for Halsey Crossing) (10(n))***
10.15             First Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                  Development Company, Limited Partnership**
10.16             Second Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                  Development Company, Limited Partnership**
10.17             Third Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                  Development Company, Limited Partnership****
10.18             Fourth Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                  Development Company, Limited Partnership*****
10.19             Fifth Amendment to Second Amended and Restated Agreement of Limited Partnership of Price
                  Development Company, Limited Partnership******
27.1              Financial Data Schedule
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<S>     <C>     <C>
              *  Documents were previously filed with the Operating Partnership's Current Report on Form 8-K dated March 12, 1998,
                 under the exhibit numbered in the parenthetical, and are incorporated herein by reference.
             **  Documents were previously filed with the Operating Partnership's Quarterly Report on Form 10-Q for the quarter
                 ended June 30, 1999 and are incorporated herein by reference.
            ***  Documents were previously filed with the Company's Registration Statement on Form S-11, File No. 33-68844, under
                 the exhibit numbered in the parenthetical, and are incorporated herein by reference.
           ****  Document was previously filed with Operating Partnership's Quarterly Report on Form 10-Q for the quarter ended
                 September 30, 1999 and is incorporated herein by reference.
          *****  Document was previously filed with the Operating Partnership's Annual Report on Form 10-K for the year ended
                 December 31, 1999 and is incorporated herein by reference.
         ******  Document was previously filed with Operating Partnership's Quarterly Report on Form 10-Q for the quarter ended
                 March 31, 2000 and is incorporated herein by reference.
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