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                                                                      EXHIBIT 23




                       CONSENT OF INDEPENDENT ACCOUNTANTS




We hereby consent to the incorporation by reference in the Prospectuses
constituting part of the Registration Statements on Form S-3 (Nos. 333-37067 and
333-05565) of Developers Diversified Realty Corporation of our reports dated
January 18, 1998 relating to the combined statement of revenue and certain
expenses of The Columbus Properties and the statement of revenue and certain
expenses of Lennox Town Center, Sun Center, Dublin Village Center and Washington
Park Plaza and our report dated April 14, 1998 relating to the statement of
revenue and certain expenses of Belair Centre, all of which appear in the
Current Report on Form 8-K of Developers Diversified Realty Corporation dated
February 25, 1998.








PRICE WATERHOUSE LLP
Cleveland, Ohio
April 23, 1998