The Promenade at Chenal explained

The Promenade at Chenal
Logo Alt:The Promenade at Chenal logo
Location:Little Rock, Arkansas, United States
Coordinates:34.7668°N -92.4589°W
Address:17711 Chenal Parkway
Opening Date:May 2008
Developer:RED Development, LLC
Manager:Moses Tucker Partners
Architect:The Preston Partnership
Number Of Stores:44
Floor Area:340000square feet
Floors:1
Parking:3,152

The Promenade at Chenal is an upscale, open-air lifestyle center located in Little Rock, Arkansas, at the corner of Chenal Parkway and Rahling Road in Chenal Valley. The Promenade displays French Gothic architecture and was designed to replicate a nostalgic Main Street shopping district.[1] The center features an IMAX theater, Lululemon, Kendra Scott, Sephora, Anthropologie,[2] the state's only Apple Store location,[3] and local merchants among its tenants.

History

In April 2004, RED Development, LLC announced intent to purchase 38 acres from Deltic Timber Corporation (now PotlatchDeltic) to develop the Promenade in west Little Rock's Chenal Valley.[4] The sale between the two parties was closed in September 2006 and construction began in 2007. The Promenade at Chenal was completed in May 2008, with final construction costing $79 million.[5]

The Promenade was originally planned to be a 485000square feet center anchored by Dillard's, but due to construction delays, Dillard's did not become a tenant at the Promenade. Instead, the Promenade consists of 340000square feet and Dillard's remains at its flagship location in Park Plaza Mall, further east in Midtown.[6] Original tenants at the Promenade included the state's first IMAX theater and the state's first J. Crew.[7]

In August 2011, Apple opened its first Apple Store location in the state at the Promenade.[8] As of 2022, the Little Rock location is the only Apple Store location in Arkansas. In 2018, AMC Theatres took ownership of the Promenade's Chenal 9 IMAX theater and proceeded with $3 million of renovations to the venue. AMC upgraded the theater's seats and speakers, as well as expanded its concessions.[9]

In December 2019, a non-disclosed private group based out of the Northeast United States announced they had purchased the Promenade and will retain the local group Moses Tucker Partners to manage the site.[10] The next month, Arkasnsas Democrat-Gazette reported the Promenade exchanged owners for $10 cash and other unspecified considerations "in lieu of foreclosure."[5]

Summer of 2021 saw Urban Outfitters open its first Arkansas location at the Promenade.[11] Sullivans Steakhouse opened a Little Rock location at the Promenade in April 2022, with Executive Chef Michael Brown.[12] Arkansas-based and family-run jeweler, Sissy's Log Cabin,[13] chose the Promenade for its sixth location, which opened in July 2022.[14]

References

  1. Web site: 1 August 2022 . New Ownership and Management Announced at the Promenade at Chenal . 1 August 2022 . Moses Tucker Partners.
  2. Web site: 1 August 2022 . Merchants . 1 August 2022 . The Promenade at Chenal . en-US.
  3. Web site: 1 August 2022 . Store List . 1 August 2022 . Apple Store . en-US.
  4. Web site: 2008 . Deltic Timber Corporation 2008 Annual Report . 1 August 2022 . Deltic Timber.
  5. Web site: Omen . Noel . 26 January 2020 . Value of Park Plaza mall, 2 other retail centers sees steep fall; Promenade at Chenal sold for $10, other considerations . 1 August 2022 . Arkansas Online . en.
  6. Web site: 1 August 2022 . Dillard's Little Rock, Arkansas at Park Plaza Center . 1 August 2022 . Dillard's.
  7. Web site: Stevens . Laura . 9 November 2007 . List of stores growing for Promenade . 1 August 2022 . Arkansas Online . en.
  8. Web site: Johnson . Allyson . 27 August 2011 . Large Crowd Welcomes Apple Store to Little Rock . 1 August 2022 . KATV . en.
  9. Web site: McAlester . Lydia . 17 May 2018 . AMC Chenal 9 Theater Opens May 18 . 1 August 2022 . Little Rock Soiree.
  10. News: Moreau . Andrew . 20 December 2019 . Sale of Promenade at Chenal disclosed . Arkansas Democrat Gazette . subscription . 1 August 2022.
  11. Web site: Hale . Tyler . 2 December 2020 . Urban Outfitters Setting Up Shop in Promenade at Chenal . 1 August 2022 . Arkansas Money & Politics . en-US.
  12. Web site: 7 April 2022 . Sullivan’s Steakhouse Opens Doors to New Little Rock Restaurant . 1 August 2022 . Business Wire . en.
  13. Web site: 8 July 2022 . Sissy's Celebrates Official Grand Opening in West Little Rock . 1 August 2022 . AY Magazine . en-US.
  14. Web site: 1 August 2022 . Sissy’s Log Cabin . 1 August 2022 . Sissy's Log Cabin . en.