Exhibit 23






                          Independent Auditors' Consent



The Board of Directors
Regency Realty Corporation:

     We consent to  incorporation  by reference in the  registration  statements
(No. 33-86886, No. 333-930, No. 333-2546, and No.333-52089) on Form S-3 and (No.
333-24971) on Form S-8 of Regency Realty  Corporation,  and to  incorporation by
reference in the  registration  statements  (No. No.  333-72899) on Form S-3 and
(No.  333-63723)  on Form S-4 of Regency  Centers,  L.P.,  of our reports  dated
February  1,  1999,  except  for Note 13 as to which the date is March 1,  1999,
relating to the consolidated  balance sheets of Regency Realty Corporation as of
December  31,  1998  and  1997,  and  the  related  consolidated  statements  of
operations,  stockholders'  equity,  and cash flows for each of the years in the
three year period ended December 31, 1998, and related  schedule,  which reports
appear in the December 31, 1998,  annual  report on Form 10-K of Regency  Realty
Corporation.



                                                 KPMG LLP



Jacksonville, Florida
March 12, 1999