Opening date 2005 Management Colonial Properties No. of anchor tenants 12 Number of stores and services 44 Number of anchor tenants 12 | Developer Colonial Properties No. of stores and services approx. 44 Opened 2005 Owner Colonial Properties | |
Location Alabaster, Alabama, USA Address 300 Colonial Promenade Pkwy, Alabaster, AL 35007, USA Similar Pinnacle at Tutwiler Farm, The Mall at Westlake, High Point Town Center, Southgate Mall, Wildwood Centre | ||
The Colonial Promenade Alabaster is a lifestyle center that opened in 2005 and is located in Alabaster, Alabama, United States. The 1,000,000-square-foot (93,000 m2) shopping center is the largest in Shelby County and it was developed by Colonial Properties Trust. It was at the center of a nationally publicized controversy over the use of eminent domain to facilitate private commercial development.
Contents
Tenants
North Promenade
Ownership changes
In December 2007, Colonial Properties sold Colonial Promenade Alabaster II and 2 outparcels but continued to manage the property.
In December 2009, Colonial Properties reacquired Colonial Promenade after a joint venture was dissolved.
In December 2012, Huntsville-based Propst Properties acquired the North Promenade.
Opposition to construction
The project was opposed by some of the property owners whose land was needed for the development. A group of ten owners sued the City of Alabaster and Colonial Properties to prevent the controversial use of eminent domain to force them to sell approximately 10 of the 400 acres needed. In June 2003, the Alabaster City Council voted 6–0 (with 1 abstention) to adopt the I-65, 238 Urban Renewal and Urban Redevelopment Plan which determined that the property in question was a "blighted area". The city subsequently entered into an agreement to condemn and seize the land, and then exchange it and certain infrastructure improvements for the construction of new facilities to be provided by Shelby Land Partners, a limited-liability corporation established to negotiate with the city for the development. At the time, Wal-Mart and Belk had already been announced as prospective tenants.
Lily Spence, a landowner whose property had been condemned for the development, appeared on CNN to voice her objections to having her property condemned and to the price offered. The case was cited by Alabama state legislators who passed legislation severely restricting the scope of public uses allowed in eminent domain cases. The July 2005 law followed a Supreme Court decision in Kelo v. City of New London, a Connecticut dispute, that the matter was for states to decide.