UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549





FORM 10-K/A

Amendment No. 1







|x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ------------------------------------------------------------------------------------

For the fiscal year ended December 31, 2007

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 0-24763





REGENCY CENTERS, L.P.

(Exact name
of registrant as specified in its charter)







|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Delaware                                                       |  | 59-3429602                          
|(State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer identification No.)



|                                                             |  |                             
|------------------------------------------------------------ |  | ----------------------------
|One Independent Drive, Suite 114 Jacksonville, Florida 32202 |  | (904) 598-7000              
|(Address of principal executive offices) (zip code)          |  | (Registrants telephone No.)





Securities registered
pursuant to Section 12(b) of the Act:

None

(Title of Class)

Not Applicable

(Name of exchange on which registered)

Securities registered pursuant to
Section 12(g) of the Act:

Class B Units of Partnership Interest





Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    YES  x    NO   ̈

Indicate by check mark if the
registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    YES   ̈    NO  x

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 and (2) has been subject to such filing requirements for the past 90 days.    YES  x    NO   ̈

Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K.   ̈

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of
the Exchange Act. (Check One):



|                                              |  |   |  |  |  |                           |  |  
|--------------------------------------------- |  | - |  |  |  | ------------------------- |  | -
|Large accelerated filer                       |  | x |  |  |  | Accelerated filer         |  |  ̈
|Non-accelerated filer                         |  |  ̈ |  |  |  | Smaller reporting company |  |  ̈
|(Do not check if a smaller reporting company) |  |   |  | 

Indicate by check mark whether the registrant is a shell company.    YES   ̈    NO  x

The aggregate market value of
the voting and non-voting common stock held by non-affiliates of the Registrant and the number of shares of Registrants voting common stock outstanding is not applicable.

Documents Incorporated by Reference

Regency Centers Corporation is the general partner of
Regency Centers, L.P. Portions of Regency Centers Corporations Proxy Statement in connection with its 2008 Annual Meeting of Shareholders are incorporated by reference in Part III.









---

EXPLANATORY NOTE

The Registrant is filing this Amendment No. 1 to the Registrants Annual Report on Form 10-K for the fiscal year ended December 31, 2007 (the Form 10-K) to amend Item 6 to correct the ratio
of earnings to fixed charges for the years ended December 31, 2006, 2005, 2004, and 2003 as well as to revise Item 15 to incorporate into the Form 10-K the audited combined financial statements of Regency Retail Partners, a significant fifty
percent-or-less owned person accounted for by the equity method by the Registrant, which is required to be filed by the Securities and Exchange Commission (the SEC) pursuant to Rule 3-09 of Regulation S-X. The financial statements of
Regency Retail Partners were not available at the time the Registrant filed its Form 10-K on February 29, 2008.

The Registrant has amended the Form
10-K to provided a currently-dated consent from KPMG LLP, which is required to be filed by the SEC pursuant to Item 601(b)(23) of Regulation S-K.

Pursuant to the rules of the Securities Exchange Act of 1934, as amended (the Exchange Act) Rule 12b-15, the Registrant has also amended the Form 10-K to provide currently-dated certifications from the Registrants chief
executive officer, chief financial officer, and chief operating officer, as required by Exchange Act Rule 13a-14(a) or Rule 15d-14(a), as adopted under Section 302 of the Sarbanes-Oxley Act of 2002, and Section 1350 of Title 18 of the
United States Code, as adopted under Section 906 of the Sarbanes-Oxley Act of 2002.

Except for the correction to the ratio of earnings to fixed
charges, the filing of the financial statements under Rule 3-09 of Regulation S-X, the revised consent, and the revised certifications, this Amendment No. 1 does not amend the Registrants previously filed Form 10-K.

PART II



|Item 6. | Selected Financial Data (in thousands, except per unit data and number of properties)
|------- | -------------------------------------------------------------------------------------

The following table sets forth Selected Financial Data for RCLP on a historical basis for the five years ended December 31, 2007. This information should be read in conjunction with the consolidated financial
statements of RCLP (including the related notes thereto) and Managements Discussion and Analysis of the Financial Condition and Results of Operations, each included elsewhere in this Form 10-K. This historical Selected Financial Data has been
derived from the audited consolidated financial statements and restated for discontinued operations.



|                                                                   |  |      |           |      |           |      |           |   |      |           |      |          
|------------------------------------------------------------------ |  | ---- | --------- | ---- | --------- | ---- | --------- | - | ---- | --------- | ---- | ---------
|                                                                   |  | 2007 |           | 2006 |           | 2005 |           |   | 2004 |           | 2003
|Operating Data:                                                    |  |      |           |      |           |      |           |   |      |           |      |          
|Revenues                                                           |  | $    | 451,508   |      | 416,968   |      | 383,623   |   |      | 346,947   |      | 321,575  
|Operating expenses                                                 |  |      | 256,764   |      | 239,360   |      | 205,259   |   |      | 194,939   |      | 174,328  
|Other expenses (income)                                            |  |      | 30,279    |      | 14,170    |      | 67,559    |   |      | 40,802    |      | 33,545   
|Minority interests                                                 |  |      | 990       |      | 4,863     |      | 263       |   |      | 319       |      | 501      
|Equity in income (loss) of investments in real estate partnerships |  |      | 18,093    |      | 2,580     |      | (2,908    | ) |      | 10,194    |      | 11,276   
|Income from continuing operations                                  |  |      | 181,568   |      | 161,155   |      | 107,634   |   |      | 121,082   |      | 124,477  
|Income from discontinued operations                                |  |      | 27,458    |      | 63,957    |      | 66,402    |   |      | 37,654    |      | 39,183   
|Net income                                                         |  |      | 209,026   |      | 225,112   |      | 174,036   |   |      | 158,735   |      | 163,659  
|Preferred unit distributions and original issuance costs           |  |      | 23,400    |      | 23,400    |      | 24,849    |   |      | 28,462    |      | 34,001   
|Net income for common unit holders                                 |  |      | 185,626   |      | 201,712   |      | 149,187   |   |      | 130,273   |      | 129,658  
|                                                                   |  |      |           |      |          
|Income per common unit  diluted:                                  |  |      |           |      |           |      |           |   |      |           |      |          
|Income from continuing operations                                  |  | $    | 2.26      |      | 1.97      |      | 1.23      |   |      | 1.48      |      | 1.48     
|Net income for common unit holders                                 |  | $    | 2.65      |      | 2.89      |      | 2.23      |   |      | 2.08      |      | 2.11     
|                                                                   |  |      |           |      |          
|Balance Sheet Data:                                                |  |      |           |      |           |      |           |   |      |           |      |          
|Real estate investments before accumulated depreciation            |  | $    | 4,398,195 |      | 3,901,633 |      | 3,775,433 |   |      | 3,332,671 |      | 3,166,346
|Total assets                                                       |  |      | 4,143,012 |      | 3,671,785 |      | 3,616,215 |   |      | 3,243,824 |      | 3,098,229
|Total debt                                                         |  |      | 2,007,975 |      | 1,575,386 |      | 1,616,386 |   |      | 1,493,090 |      | 1,452,777
|Total liabilities                                                  |  |      | 2,194,244 |      | 1,734,572 |      | 1,739,225 |   |      | 1,610,743 |      | 1,562,530
|General partners capital                                          |  |      | 1,614,302 |      | 1,591,634 |      | 1,525,517 |   |      | 1,320,852 |      | 1,220,863
|                                                                   |  |      |           |      |          
|Other Information:                                                 |  |      |           |      |           |      |           |   |      |           |      |          
|Distributions per unit                                             |  | $    | 2.64      |      | 2.38      |      | 2.20      |   |      | 2.12      |      | 2.08     
|Common units outstanding                                           |  |      | 70,112    |      | 69,759    |      | 69,218    |   |      | 64,297    |      | 61,227   
|Series B Preferred Units outstanding                               |  |      | 500       |      | 500       |      | 1,040     |   |      | 2,290     |      | 4,640    
|Combined Basis gross leasable area (GLA)                           |  |      | 51,107    |      | 47,187    |      | 46,243    |   |      | 33,816    |      | 30,348   
|Combined Basis number of properties owned                          |  |      | 451       |      | 405       |      | 393       |   |      | 291       |      | 265      
|Ratio of earnings to fixed charges                                 |  |      | 2.1       |      | 2.3       |      | 2.1       |   |      | 2.1       |      | 1.7      

PART IV



|Item 15. | Exhibits and Financial Statement Schedules
|-------- | ------------------------------------------



| | (a) | Financial Statements and Financial Statement Schedules:
| | --- | -------------------------------------------------------

Regency Centers, L.P. 2007 financial statements and financial statement schedule, together with the report of KPMG LLP are listed on the index immediately preceding the financial statements in Item 8, Consolidated Financial Statements
and Supplemental Data.



| | (b) | Exhibits:
| | --- | ---------



|3. | Articles of Incorporation and Bylaws
|-- | ------------------------------------



| | (a) | Restated Certificate of Limited Partnership of Regency Centers, L.P. (incorporated by reference to Exhibit 3(ii) to Regency Centers, L.P.s Form 10-K filed March 15,
2004).
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Fourth Amended and Restated Agreement of Limited Partnership of Regency Centers, L.P., as amended (incorporated by reference to Exhibit 10(l) of Regency Centers Corporations
Form 10-K filed March 12, 2004).
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i) | Amendment to Fourth Amended and Restated Agreement of Limited Partnership of Regency Centers, L.P. relating to 6.70% Series 5 Cumulative Redeemable Preferred Units, effective as of
July 28, 2005 (incorporated by reference to Exhibit 3.3 to Regency Centers Corporation Form 8-K filed August 1, 2005).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (ii) | Amended and Restated Amendment dated January 1, 2008 to Fourth Amended and Restated Agreement of Limited Partnership Relating to 7.45% Series 3 Cumulative Redeemable Preferred
Units (incorporated by reference to Exhibit 10.1 of Regency Centers, L.P.s Form 8-K filed January 7, 2008).
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (iii) | Amended and Restated Amendment dated January 1, 2008 to Fourth Amended and Restated Agreement of Limited Partnership Relating to 7.25% Series 4 Cumulative Redeemable Preferred
Units (incorporated by reference to Exhibit 10.1 of Regency Centers, L.P.s Form 8-K filed January 7, 2008).
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



---

|4. | (a)    See Exhibit 3(b) for provisions of the Partnership Agreement of Regency Centers, L.P. defining rights of security holders.
|-- | ---------------------------------------------------------------------------------------------------------------------------------



| | (b) | Indenture dated March 9, 1999 between Regency Centers, L.P., the guarantors named therein and First Union National Bank, as trustee (incorporated by reference to Exhibit 4.1 to
the registration statement on Form S-3 of Regency Centers, L.P., No. 333-72899).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Indenture dated December 5, 2001 between Regency Centers, L.P., the guarantors named therein and First Union National Bank, as trustee (incorporated by referenced to Exhibit
4.4 of Form 8-K of Regency Centers, L.P. filed December 10, 2001, File No. 0-24763).
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | Indenture dated July 18, 2005 between Regency Centers, L.P., the guarantors named therein and Wachovia Bank, National Association, as trustee (incorporated by referenced to
Exhibit 4.1 of Form S-4 of Regency Centers, L.P. filed August 5, 2005, No. 333-127274).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|10. | Material Contracts
|--- | ------------------



| | (a) | Second Amended and Restated Credit Agreement dated as of February 9, 2007 by and among Regency Centers, L.P., Regency, each of the financial institutions initially a signatory
thereto, and Wells Fargo Bank, National Association (incorporated by reference to Exhibit 10.1 to Regency Centers Corporation Form 10-Q filed May 9, 2007).
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Amended and Restated Limited Liability Company Agreement of Macquarie CountryWide-Regency II, LLC dated as of June 1, 2005 by and among Regency Centers, L.P., Macquarie
CountryWide (US) No. 2 LLC, Macquarie-Regency Management, LLC, Macquarie CountryWide (US) No. 2 Corporation and Macquarie CountryWide Management Limited (incorporated by reference to Exhibit 10.3 to Form 10-Q of Regency Centers Corporation
filed August 8, 2005).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Purchase Agreement and Amendment to Amended and Restated Limited Liability Agreement relating to Macquarie CountryWide-Regency II, L.L.C. dated as of January 13, 2006 among
Macquarie CountryWide (U.S.) No. 2 LLC, Regency Centers, L.P., and Macquarie-Regency Management, LLC (incorporated by reference to Exhibit 10.1 to Form 10-Q of Regency Centers Corporation filed May 8, 2006).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | Limited Partnership Agreement dated as of December 21, 2006 of RRP Operating, LP (incorporated by reference to Exhibit 10(u) to Form 10-K of Regency Centers Corporation filed
February 27, 2007).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|21. | Subsidiaries of the Registrant. (1)
|--- | -----------------------------------



|23. | Consent of KPMG LLP. (2)
|--- | ------------------------



|31.1 | Rule 15d-14 Certification of Chief Executive Officer. (2)
|---- | ---------------------------------------------------------



|31.2 | Rule 15d-14 Certification of Chief Financial Officer. (2)
|---- | ---------------------------------------------------------



|31.3 | Rule 15d-14 Certification of Chief Operating Officer. (2)
|---- | ---------------------------------------------------------



|32.1 | Section 1350 Certification of Chief Executive Officer. (2)
|---- | ----------------------------------------------------------



|32.2 | Section 1350 Certification of Chief Financial Officer. (2)
|---- | ----------------------------------------------------------



|32.3 | Section 1350 Certification of Chief Operating Officer. (2)
|---- | ----------------------------------------------------------



|99 | Audited Financial Statements of Regency Retail Partners. (2)
|-- | ------------------------------------------------------------



|(1) | Filed on February 29, 2008 as an exhibit to Form 10-K for the year ended December 31, 2007.
|--- | -------------------------------------------------------------------------------------------

|(2) | Filed herein.
|--- | -------------



---

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.



|               |  |                      |  |                                                                        
|-------------- |  | -------------------- |  | -----------------------------------------------------------------------
|               |  | REGENCY CENTERS, L.P
|               |  |                     
|               |  | By:                  |  | REGENCY CENTERS CORPORATION                                            
|               |  |                      |  | General Partner                                                        
|               |  |                     
|               |  |                      |  | /s/ Martin E. Stein, Jr.                                               
|March 28, 2008 |  |                      |  | Martin E. Stein, Jr., Chairman of the Board
and Chief Executive Officer