EXHIBIT 21.1 ------------ LIST OF SUBSIDIARIES OF THE REGISTRANT Below is a list of the direct and indirect subsidiaries of Equity One, Inc., a Maryland corporation, and the corresponding states of organization: Name of Entity State of Organization -------------- --------------------- Bandera Festival GP, LLC Texas Bandera Festival Partners, LP Texas BC Center Partners, LP Texas Beechnut Centre Corp. Texas Beechnut Centre I L.P. Texas Benbrook Centre Corp. Texas Bend Shopping Centre Corp. Texas Bend Shopping Centre I L.P. Texas Boca Village Square, Inc. Florida Boca Village Square, Ltd. Florida Boynton Plaza Shopping Center, Inc. Florida Cashmere Developments, Inc. Florida CDG (Park Place) LLC Texas Centerfund (US), LLC Delaware Centerfund Development Group, LLC Delaware Centrefund (PGA) LLC Delaware Centrefund Acquisition (Texas) Corp. Texas Centrefund Acquisition Corp. Florida Centrefund Development (Gainesville) LLC Delaware Centrefund Development Group II LLC Delaware Centrefund Realty (U.S.) Corporation Delaware Colony GP, LLC Texas Copperfield Crossing, Inc. Texas East Townsend Square, Inc. Texas Eastbelt Centre Corp. Texas Eastbelt Centre I L.P. Texas Equity (Landing) Inc. Texas Equity (Park Promenade) Inc. Texas Equity One (147) Inc. Florida Equity One (Alpha) Inc. Florida Equity One (Atlantic Village) Inc. Florida Equity One (Beauclerc) Inc. Florida Equity One (Beta) Inc. Florida Equity One (Clematis) LLC Florida Equity One (Commonwealth) Inc. Florida Equity One Construction Inc. Florida Equity One (Coral Way) Inc. Florida Equity One (Delta) Inc. Florida Equity One (El Novillo) Inc. Florida Equity One (Eustis Square) Inc. Florida Equity One (Forest Edge) Inc. Florida Equity One (Forest Village Phase II) Inc. Florida Equity One (Forest Village) Inc. Florida Equity One (Gamma) Inc. Florida Equity One (Lake Mary) Inc. Florida Equity One (Lantana) Inc. Florida Equity One (Losco) Inc. Florida Equity One (Mandarin) Inc. Florida Equity One (Mariner) Inc. Florida Equity One (Monument) Inc. Florida Equity One (North Port) Inc. Florida Equity One (Oak Hill) Inc. Florida Equity One (Olive) Inc. Florida Equity One (Pine Island) Inc. Florida Equity One (Point Royale) Inc. Florida Equity One (Sky Lake) Inc. Florida Equity One (Summerlin) Inc. Florida Equity One (Walden Woods) Inc. Florida Equity One (West Lake) Inc. Florida Equity One Acquisition Corp. Florida Equity One Properties, Inc. Florida Equity One Realty & Management SE, Inc. Georgia Equity One Realty & Management Texas, Inc. Texas Equity One Realty & Management FL, Inc. Florida Equity Texas Properties, LLC Florida FC Market GP, LLC Texas FC Market Partners, LP Texas Florida Del Rey Holdings II, Inc. Florida Forrestwood Equity Partners GP, LLC Texas Forrestwood Equity Partners, LP Texas Garland & Barns, LLC Texas Garland & Jupiter, LLC Texas Gazit Meridian Inc. Florida Grogan Centre Corp. Texas Grogan Centre I L.P. Texas Harbor Barker Cypress GP, LLC Texas Hedwig GP, LLC Texas Hedwig Partners, LP Texas Homestead Market Center, Inc. Florida KirkBiss GP, LLC Texas Kirkwood-Bissonnet Partners, LP Texas Leesburg DrugStore, LLC Florida Marco Town Center, Inc. Florida Mariner Outparcel, Inc. Florida Mason Park GP, LLC Texas Mason Park Partners, LP Texas McMinn Holdings, Inc. Tennessee North American Acquisition Corp. Florida North Kingwood Centre Corp. Texas Oakbrook Square Shopping Center Corp. Florida Parcel F, LLC Florida Park Northern/Centennial Partners, L.P. Texas Plymouth East One Acquisition Corp. Texas Plymouth East Two Acquisition Corp. Texas Plymouth North Acquisition Corp. Texas Plymouth South Acquisition Corp. Texas Plymouth Story North Acquisition Corp. Texas Plymouth West Acquisition Corp. Texas Prosperity Shopping Center Corp. Florida PSL Developments, Inc. Florida Ryanwood Shopping Center, L.L.C. Florida SA Blanco Village Partners GP, LLC Texas SA Blanco Village Partners, LP Texas Salerno Village Shopping Centre, LLC Florida Sawgrass Promenade, Inc. Florida Shoppes at Jonathan's Landing, Inc. Florida Shoppes at Westbury Shopping Center, Inc. Florida Shoppes of Ibis, Inc. Florida Skipper Palms Property, Inc. Florida South Kingwood Centre Corp. Texas Spring Shadows GP, LLC Texas St. Charles Outparcel, Inc. Florida Steeplechase Centre Corp. Texas Steeplechase Centre I L.P. Texas Sterling Shopping Centre, Inc. Texas Southwest 19 Northern, Inc. Arizona Texas CP Land, LP Texas Texas Equity Holdings LLC Florida Texas Spring Shadows Partners, LP Texas The Bluffs Shopping Center Corp. Florida The Harbour Center, Inc. Florida The Meadows Shopping Center, LLC Florida The Shoppes of Eastwood, LLC Florida The Shoppes of North Port, Ltd. Florida Turkey Lake Shopping Center, Inc. Florida UIRT GP, L.L.C. Florida UIRT Highland Square, Inc. Texas UIRT I - Centennial, Inc. Texas UIRT LP, L.L.C. Florida UIRT, Ltd. Florida UIRT - University Park, Inc. Texas UIRT - Benchmark, Inc. Texas UIRT - Big Curve, Inc. Arizona UIRT - Colony Plaza, Inc. Texas UIRT - Lake St. Charles, LLC Florida UIRT - Melbourne Plaza, Inc. Texas UIRT - Northwest Crossing, Inc. Texas UIRT - Rosemeade, Inc. Texas UIRT - Skipper Palms, L.L.C. Florida UIRT/University Park-I, L.P. Texas United Investors Pembroke, Inc. Florida Walden Woods Village, Ltd. Florida West Hills Shopping Center, Inc. Florida West Townsend Square, Inc. Texas Wickham DrugStore, LLC Florida Wimbledon Center Corp. Texas Wurzbach Centre, LLC Texas IRT Partners, L.P. Georgia IRT Capital Corporation II Georgia IRT Alabama, Inc. Alabama IRT Management Company Georgia The Rudderson Company South Carolina IRT Coral Springs, LLC Delaware IRT Heritage Walk, LLC Delaware IRT MacLand Pointe, LLC Delaware IRT Parkwest Crossing, LLC North Carolina