**Exhibit      21.1**

**LIST      OF SUBSIDIARIES OF EQUITY ONE, INC.**

| **Name                of Entity**                             | **State                of Organization** |
|---------------------------------------------------------------|------------------------------------------|
| Boca                Village Square, Inc.                      | Florida                                  |
| Boca                Village Square, Ltd.                      | Florida                                  |
| Boynton                Plaza Shopping Center, Inc.            | Florida                                  |
| Cashmere                Developments, Inc.                    | Florida                                  |
| Centrefund                (US), LLC                           | Delaware                                 |
| CDG                Park Place LLC (1)                         | Delaware                                 |
| Centrefund                Development Group LLC (1)           | Delaware                                 |
| Centrefund                Realty (U.S.) Corporation           | Delaware                                 |
| Dolphin                Village Partners, LLC (2)              | Florida                                  |
| Equity                (Park Promenade) Inc.                   | Texas                                    |
| Equity                One (Alafaya Village) Inc.              | Florida                                  |
| Equity                One (Andros) Inc.                       | Florida                                  |
| Equity                One (Belfair) Inc.                      | South                Carolina            |
| Equity                One (Bridgemill) Inc.                   | Georgia                                  |
| Equity                One (Commonwealth) Inc.                 | Florida                                  |
| Equity                One (Delta) Inc.                        | Florida                                  |
| Equity                One (Florida Portfolio) Inc.            | Florida                                  |
| Equity                One (Forest Village) Inc.               | Florida                                  |
| Equity                One (Lake Mary) Inc.                    | Florida                                  |
| Equity                One (Louisiana Portfolio) LLC           | Florida                                  |
| Equity                One (Mariner) Inc.                      | Florida                                  |
| Equity                One (Midpoint) Inc.                     | Florida                                  |
| Equity                One (North Port) Inc.                   | Florida                                  |
| Equity                One (Northeast Portfolio) Inc.          | Massachusetts                            |
| Equity                One (Pine Island) Inc.                  | Florida                                  |
| Equity                One (Point Royale) Inc.                 | Florida                                  |
| Equity                One (Presidential Markets) Inc.         | Georgia                                  |
| Equity                One (Sky Lake) Inc.                     | Florida                                  |
| Equity                One (Southeast Portfolio) Inc.          | Georgia                                  |
| Equity                One (Southpoint) Inc.                   | Florida                                  |
| Equity                One (Sparkelberry Kohl’s) Inc.    | South                Carolina            |
| Equity                One (Sparkelberry Kroger) Inc.          | South                Carolina            |
| Equity                One (Summerlin) Inc.                    | Florida                                  |
| Equity                One (Sunlake) Inc.                      | Florida                                  |
| Equity                One (Walden Woods) Inc.                 | Florida                                  |
| Equity                One (Webster) Inc.                      | Massachusetts                            |
| Equity                One (Westport) Inc.                     | Florida                                  |
| Equity                One Acquisition Corp.                   | Florida                                  |
| Equity                One Realty & Management FL, Inc.    | Florida                                  |
| Equity                One Realty & Management NE, Inc.    | Massachusetts                            |
| Equity                One Realty & Management SE, Inc.    | Georgia                                  |
| Equity                One Realty & Management Texas, Inc. | Texas                                    |
| EQY                Realty & Management Texas, LP          | Texas                                    |
| EQY                Realty & Management Texas GP LLC       | Florida                                  |
| EQY                (Southwest Portfolio) Inc.                 | Texas                                    |
| EQY                Texas Capital I LLC                        | Texas                                    |
| West                Hills Shopping Center, Inc | Florida       |
|------------------------------------------------|---------------------------------------------|

----

|  Name              of Entity                        |  **State              of Organization**            |
|----------------------------------------------------------|---------------------------------------------------------|
| Gazit                (Meridian) Inc.                     | Florida                                                 |
| IRT                Alabama, Inc.                         | Alabama                                                 |
| IRT                Capital Corporation II                | Georgia                                                 |
| IRT                Coral Springs, LLC                    | Delaware                                                |
| IRT                MacLand Pointe, LLC                   | Delaware                                                |
| IRT                Management Company                    | Georgia                                                 |
| IRT                Parkwest Crossing, LLC                | North                Carolina                           |
| IRT                Partners L.P.                         | Georgia                                                 |
| Louisiana                Holding Corp.                   | Florida                                                 |
| Marco                Town Center, Inc.                   | Florida                                                 |
| Parcel                F, LLC                             | Florida                                                 |
| Prosperity                Shopping Center Corp.          | Florida                                                 |
| Sawgrass                Promenade, Inc.                  | Florida                                                 |
| Shoppes                at Jonathan’s Landing, Inc. | Florida                                                 |
| Skipper                Palms Properties, Inc.            | Florida                                                 |
| Southeast                U.S. Holdings B.V.              | The                Netherlands                          |
| Southeast                U.S. Holdings Inc.              | Florida                                                 |
| Sunlake                - Equity One LLC (3)              | Delaware                                                |
| The                Bluffs Shopping Center Corporation    | Florida                                                 |
| The                Meadows Shopping Center, LLC          | Florida                                                 |
| The                Shoppes of Eastwood, LLC              | Florida                                                 |
| The                Shoppes of Ibis, LLC                  | Florida                                                 |
| The                Shoppes of North Port, Ltd.           | Florida                                                 |
| Turkey                Lake Shopping Center, Inc.         | Florida                                                 |
| UIRT                - Lake St. Charles, L.L.C.           | Florida                                                 |
| UIRT                - Rosemeade, Inc.                    | Texas                                                   |
| UIRT                - Skipper Palms, L.L.C.              | Florida                                                 |
| United                Investors Pembroke, Inc.           | Florida                                                 |
| Walden                Woods Village, Ltd.                | Florida         |