1 EXHIBIT 21.1 LIST OF SUBSIDIARIES -------------------- OF -- DEVELOPERS DIVERSIFIED REALTY CORPORATION ----------------------------------------- STATE OF -------- INCORPORATION OR ---------------- SUBSIDIARY ORGANIZATION ---------- ------------ 1. Developers Diversified Finance Corporation Ohio 2. Developers Diversified of Alabama, Inc. Alabama 3. Community Centers One, L.L.C. Delaware 4. Community Centers Two, L.L.C. Delaware 5. Community Centers Three, L.L.C. Delaware 6. Shoppers World Community Center, L.P. Delaware 7. DD Community Centers One, Inc. Ohio 8. DD Community Centers Two, Inc. Ohio 9. DD Community Centers Three, Inc. Ohio 10. Arizona Crossing Limited Liability Company Ohio (fka Arrowhead Crossing Company Ltd.) 11. Highland Grove Limited Liability Company Ohio 12. Merriam Town Center Ltd. Ohio 13. DOTRS Limited Liability Company Ohio 14. Developers Diversified of Pennsylvania, Inc. Ohio 15. Pedro Community Centers, Inc. Ohio 16. DDRA Community Centers Four, L.P. Texas 17. Developers Diversified Cook's Corner LP Ohio 18. Developers Diversified Centennial Promenade LP Ohio 2 STATE OF -------- INCORPORATION OR ---------------- SUBSIDIARY ORGANIZATION ---------- ------------ 19. DDRC PDK Hagerstown LLC Ohio 20. DDRC PDK Salisbury LLC Ohio 21. Developers Diversified of Indiana, Inc. Ohio 22. DDR Nassau Park II Inc. Ohio 23. DDR Nassau Pavilion Inc. Ohio 24. Developers Diversified of Mississippi, Inc. Ohio 25. DDRC Michigan LLC Ohio 26. Coon Rapids Riverdale Village LLC Ohio 27. DDR Nassau Pavilion Associates LP Georgia 28. DDR Continental LP Ohio 29. DDR Continental Inc. Ohio 30. Hendon/DDR/BP, LLC Delaware 31. DDR Hendon Nassau Park II LP Georgia 32. DDRC P&M Deer Park Town Center LLC Ohio 33. DDR OliverMcMillan LP Delaware 34. DDR OliverMcMillan Inc. Delaware 35. DDR Industrial Realty Corporation Delaware 36. DDR Office Flex Corporation Delaware 37. DDR Office Flex LP Ohio 38. DDR Realty Company (fka DDR Realty Trust, Inc.) Maryland 39. ORIX Sansone Brentwood L.L.C. Illinois 40. The Plaza at Sunset Hills, L.L.C. Missouri 41. The Shoppes at Sunset Hills, L.L.C. Missouri 3 STATE OF -------- INCORPORATION OR ---------------- SUBSIDIARY ORGANIZATION ---------- ------------ 42. DDR Family Centers LP Delaware 43. DDR Family Centers I Inc. Ohio 44. DDRC Gateway LLC Delaware 45. DDRC Salem LLC Delaware 46. DDR DB Opportunity Sub, Inc. Ohio 47. DDR DB Development Ventures LP Texas 48. DDRA Community Centers Five, L.P. Delaware 49. DD Community Centers Five Inc. Ohio 50. Easton Market Limited Liability Company Ohio 51. Continental Sawmill Limited Liability Company Ohio 52. Continental Sawmill Limited Partnership Ohio 53. Sun Center Limited Ohio 54. Drexel Washington Limited Liability Company Ohio 55. Drexel Washington Limited Partnership Ohio 56. Lennox Town Center Limited Ohio 57. Hermes Associates Utah 58. Hermes Associates, Ltd. Utah 59. University Square Associates, Ltd. Utah 60. Vidalakis Investment Company, Ltd. Utah 61. Vidalakis Investment Company II, Ltd. Utah 62. Big V Associates, Ltd. Utah 63. Riverdale Retail Associates L.C. Utah 64. TFCM Associates, LLC Utah 65. Fort Union Associates, L.C. Utah 4 STATE OF -------- INCORPORATION OR ---------------- SUBSIDIARY ORGANIZATION ---------- ------------ 66. Rocky Mountain Real Estate L.L.C. Utah 67. Sansone Group/DDR LLC Missouri 68. DDR Sansone Development Ventures LLC Missouri 69. DDR OliverMcMillan Management Services, Inc. Delaware 70. Coventry Real Estate Partners, Ltd. (fka Retail Value Management Ltd.) Ohio 71. Retail Value Investment Program Limited Partnership I Delaware 72. Retail Value Investment Program Limited Partnership II Delaware 73. Retail Value Investment Program Limited Partnership III Delaware 74. Retail Value Investment Program Limited Partnership IV Delaware 75. Retail Value Investment Program Limited Partnership V Delaware 76. Retail Value Investment Program Limited Partnership VI Delaware 77. DDR Michigan II LLC Ohio 78. Town Center Plaza, L.L.C. Delaware 79. DD Development Company, Inc. Ohio 80. Plainville Connecticut L.L.C. (fka DDR Connecticut L.L.C.) Ohio 81. Plainville Development L.P. (fka DDR Plainville Development L.P.) Ohio 82. DDRC Great Northern Limited Partnership Ohio