Colonial Promenade Alabaster Explained

Colonial Promenade Alabaster
Location:Alabaster, Alabama, United States
Coordinates:33.2345°N -86.8025°W
Opening Date:2005
Manager:Colonial Properties
Owner:Colonial Properties
Number Of Stores:approx. 44
Number Of Anchors:13 (5 south, 8 north)
Floor Area:1000000square feet, with 685326square feet in the first phase and 355269square feet in the second phase
Floors:1
Website: Official Website
Parking:Parking lot

The Colonial Promenade Alabaster is a lifestyle center that opened in 2005 and is located in Alabaster, Alabama, United States.[1] The 1000000square feet 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.

Tenants

South Promenade

North Promenade

Ownership changes

In December 2007, Colonial Properties sold Colonial Promenade Alabaster II and 2 outparcels but continued to manage the property.[2]

In December 2009, Colonial Properties reacquired Colonial Promenade after a joint venture was dissolved.[3]

In December 2012, Huntsville-based Propst Properties acquired the North Promenade.[4]

Opposition to construction

The project was opposed by some of the property owners whose land was needed for the development.[5] 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".[6] 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.[7] 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.[8] The case was cited by Alabama state legislators who passed legislation severely restricting the scope of public uses allowed in eminent domain cases.[9] 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.[10]

External links

Notes and References

  1. News: Alabaster's Colonial Promenade filling up fast. July 21, 2005. Birmingham Business Journal. February 7, 2011.
  2. News: Colonial completes sale of properties. https://web.archive.org/web/20121105130512/http://pqasb.pqarchiver.com/montgomeryadvertiser/access/1718290071.html?FMT=ABS&FMTS=ABS:FT&type=current&date=Dec+27,+2007&author=&pub=Montgomery+Advertiser&desc=Colonial+completes+sale+of+properties&pqatl=google. dead. November 5, 2012. December 27, 2007. Montgomery Advertiser. February 7, 2011. Montgomery, Alabama.
  3. News: Colonial Properties Trust exits joint venture. Cooper. Lauren B.. December 15, 2009. Birmingham Business Journal. February 7, 2011.
  4. News: North Promenade under new ownership. Wagner. Neil. December 27, 2012. Shelby County Reporter. March 7, 2015.
  5. News: Alabaster, Ala., Homeowners Fight City Hall's Eminent Domain Claim.. https://web.archive.org/web/20121105130523/http://www.highbeam.com/doc/1G1-109094305.html. dead. November 5, 2012. Bond. Patti. October 21, 2003. The Atlanta Journal-Constitution. Knight Ridder/Tribune Business News. February 7, 2011.
  6. April 2004. Geography, forestry, conservation, and planning. Review of A CASE STUDY IN THE USE OF EMINENT DOMAIN POWERS BY THE CITY OF ALABASTER, ALABAMA. Nicholas Nene, and William K. McAllister, Department of Community Planning and Urban Studies., Alabama A & M Univ. Normal, AL 35762. Journal of the Alabama Academy of Science.
  7. News: Eminent domain settlement reached - Eight of 10 landowners agree to sell. Guarino. Fred. January 1, 2004. Shelby County Reporter. February 7, 2011 . https://web.archive.org/web/20040126161624/http://www.shelbycountyreporter.com/articles/2004/01/08/news/news04.txt . January 26, 2004.
  8. News: Anderson Cooper 360 Degrees. Cabell. Brian. September 30, 2003. CNN. 7 February 2011.
  9. News: Riley To Support Eminent Domain Bill. June 29, 2005. Times Daily. 1B. 7 February 2011. Florence, Alabama.
  10. News: Battle ahead over eminent domain. Rachel Tobin Ramos, Ryan Mahoney and Justin Rubner. June 30, 2005. Atlanta Business Chronicle. 7 February 2011.