Crestwood Festival Center: Difference between revisions

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In early [[2012]] the shopping center was sold by DDR to Skyline International Development Inc. and Mark Gold of Toronto, Canada for $3 million. The company announced plans for a multi-million renovation, including space for a [[Birmingham Police Department]] substation and community outreach center. Occupancy rates increased quickly, despite the closure of [[Anna's Linens]], and the developers added a [[Steel City Jump Park]] trampoline park inside the cinema and a separate [[Off the Wall]] family fun center.
In early [[2012]] the shopping center was sold by DDR to Skyline International Development Inc. and Mark Gold of Toronto, Canada for $3 million. The company announced plans for a multi-million renovation, including space for a [[Birmingham Police Department]] substation and community outreach center. Occupancy rates increased quickly, despite the closure of [[Anna's Linens]], and the developers added a [[Steel City Jump Park]] trampoline park inside the cinema and a separate [[Off the Wall]] family fun center.


In late [[2018]] Gold and his partners sold Crestwood Festival Center to a subsidiary of Toronto's Timbercreek Asset Management for $11 million. CityWide Properties of Baltimore, Maryland acquired it in August [[2022] for $9.39 million. That company announced plans for $1.5 million in capital improvements.
In late [[2018]] Gold and his partners sold Crestwood Festival Center to a subsidiary of Toronto's Timbercreek Asset Management for $11 million. CityWide Properties of Baltimore, Maryland acquired it in August [[2022]] for $9.39 million. That company announced plans for $1.5 million in capital improvements. The center is presently leased and managed by [[NAI Chase Commercial]].


==Tenants==
==Tenants==
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* Suite 108: [[Dress Code]]
* Suite 108: [[Dress Code]]
* Suite 112: [[Groome Transportation]], former location of [[Computers Doctor]]
* Suite 112: [[Groome Transportation]], former location of [[Computers Doctor]]
* Suite 114: former location of [[God & Country]] (1991), [[Honeybaked Ham]]
* Suite 114: [[Honey Baked Ham]] (March 25, 2023–), former location of [[God & Country]] (1991), [[Honey Baked Ham]] (closed 2022)
* Suite 116: former location of [[Radio Shack]] (1991-2015)
* Suite 116: former location of [[Radio Shack]] (1991-2015)
* Suite 118: [[First Choice Personnel]], former location of [[U.S. Agencies Direct Insurance Company]]
* Suite 118: [[First Choice Personnel]], former location of [[U.S. Agencies Direct Insurance Company]]
* Suite 120: [[Cash Connection]]
* Suite 120: [[Cash Connection]]
* Suite 200: [[Magic City ePLEX]] (November 2019-), former location of [[Michaels]] (1991), [[Anna's Linens]] (-2013)
* Suite 200 (17,690 sf): [[Armor Gym]] (March 2024–), former location of [[Michaels]] (1991), [[Anna's Linens]] (-2013), [[Magic City ePLEX]] (November 2019-2023)
* Suite 210: [[Los Arcos]] restaurant
* Suite 210: [[Los Arcos]] restaurant
* Suite 300: [[Bargain Hunt]]
* Suite 300: [[Bargain Hunt]], former location of Office Max
* Suite 410: [[Sneaker Lounge]], former location of [[Elaine's Boutique]]
* Suite 410: [[Sneaker Lounge]], former location of [[Elaine's Boutique]]
* Suite 414: [[Napoleon's Event Center]]
* Suite 414: [[Napoleon's Event Center]]
* Suite 416: [[Evol Ink Studio]]
* Suite 416: [[Cloud 9 Tattoo & Piercing Studio]], former location of [[Evol Ink Studio]]
* Suite 418: [[Stylz Men's Wear]]
* Suite 418: [[Stylz Men's Wear]]
* Suite 500: [[Dollar Tree]]
* Suite 500: [[Dollar Tree]]
* Suite 600: [[Dover's Furniture]]
* Suite 600: [[Dover's Furniture]]
* Suite 602: [[Home Hunters Real Estate]] / [[Administration Auto Sales]]
* Suite 602: [[Home Hunters Real Estate]] / [[Administration Auto Sales]]
* Suite 604: former location of [[McClure Trading Co.]] (2012-2015)
* Suite 604: [[Double Beauty]] ([[Imari Anderson|Imari]] and [[Iman Anderson]] 2022–), former location of [[McClure Trading Co.]] (2012-2015), [[Superior Comics & Games]] (2017–December 2019)
* Suite 606: [[Sushi Village]], former location of [[Golden Palace]]
* Suite 606: [[Sushi Village]], former location of [[Golden Palace]]
* Suite 610: [[HealthMarkets]], former location of [[Diverse Community Network]]
* Suite 610: [[HealthMarkets]], former location of [[Diverse Community Network]]
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* Suite 820: [[All Around Heating & Cooling]], former location of [[Mail Room]] (1991), [[Crestwood Mail Center]] (2015)
* Suite 820: [[All Around Heating & Cooling]], former location of [[Mail Room]] (1991), [[Crestwood Mail Center]] (2015)
* Suite 822: [[Alabama Regional Medical Services]] / [[Crestwood Medical Center]]
* Suite 822: [[Alabama Regional Medical Services]] / [[Crestwood Medical Center]]
* Suite 900: [[Burlington Coat Factory]] (1998–)
* Suite 900 (69,082 sf): [[Crestwood Pickers]] antique mall (2024–), former location of [[Burlington Coat Factory]] (1998–February 2024)
* Suite 1000: [[Bella Fashions]]
* Suite 1000: [[Bella Fashions]]
* Suite 1004: [[Birmingham House of Cuts]], former location of [[Jimmy's Barber & Style Shop]]
* Suite 1004: [[Birmingham House of Cuts]], former location of [[Jimmy's Barber & Style Shop]]
* Suite 1006: former location of [[Gold Coins Antiques]] (2015)
* Suite 1006: former location of [[Gold Coins Antiques]] (2015)
* Suite 1010: [[Metro PCS]]
* Suite 1010: [[Metro PCS]]
* Suite 1012: [[Sam's Cafe]] (2017-), former location of [[Alfredo's Pizza Cafe]] (1995–2012), [[Wings & Waffles]] (2012-), [[TD's Brochette Style Restaurant]] (2014), [[Shark's]] (2015)
* Suite 1012: [[O'Taste & See]] ([[Timothy Powell]] 2022–), former location of [[Alfredo's Pizza Cafe]] (1995–2012), [[Wings & Waffles]] (2012-), [[TD's Brochette Style Restaurant]] (2014), [[Shark's]] (2015), [[Sam's Cafe]] (2017-)
* Suite 1014: [[America's Best Contacts & Eyeglasses]] (1991–)
* Suite 1014: [[America's Best Contacts & Eyeglasses]] (1991–)
* Suite 1100: [[Edge 12]] cinema, formerly [[Festival 18]]
* Suite 1100 (55,300 sf): [[Fun City Adventure]] (2024–), former location of [[Festival 18]] cinema (May 1989–May 2006), [[Edge 12]] cinema (2010–April 2023)
** Suite 1100A: [[Steel City Jump Park]]
** Suite 1100A: former location of [[Steel City Jump Park]]
* Suite 1202: [[Earthly Delights]]
* Suite 1202: [[Earthly Delights]]
* Suite 1204: [[Miracle Works Alterations]] (2015)
* Suite 1204: [[Miracle Works Alterations]] (2015)
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* Godwin, Brent (October 24, 2018) "Canadian entity buys Irondale area retail properties." {{BBJ}}
* Godwin, Brent (October 24, 2018) "Canadian entity buys Irondale area retail properties." {{BBJ}}
* Parker, Illyshia (September 12, 2022) "Crestwood shopping center to undergo renovations." {{BBJ}}
* Parker, Illyshia (September 12, 2022) "Crestwood shopping center to undergo renovations." {{BBJ}}
* Thornton, William (September 15, 2022) "Birmingham’s Crestwood Festival Centre sells for $9.3 million, new grocery store eyed." {{AL}}
* Byington, Pat (January 31, 2024) "3 new tenants moving into Crestwood Festival Shopping Center." {{BNow}}


==External links==
==External links==

Latest revision as of 12:10, 1 February 2024

The Edge 12 cinema at Crestwood Festival Center

The Crestwood Festival Center (formerly Eastwood Festival Centre) is a 352,280-square foot shopping center located on a 41-acre site cut into Red Mountain at 7001 Crestwood Boulevard (U. S. Highway 78) in Birmingham.

The shopping center was constructed in 1988 and opened in 1989 with Home Depot and Cobb Festival 12 cinemas as anchor tenants. During construction, which involved cutting into Red Mountain, a landslide occurred, causing damage to several buildings at the adjacent Mountain Top Apartments. Settlements for damages topped $8 million.

The center struggled to fill vacancies over the next several years and suffered from the loss of anchors Lechmere, Children's Palace and Phar-Mor shortly after opening. The property fell into the hands of Citicorp and eventually got a boost in 1993. That year saw the addition of Stein Mart, the announcement that Goody's would open there, and construction of six additional screens at the cinema multiplex.

Developers Diversified Realty (DDR) of Beechwood, Ohio purchased the complex in November 1995 for $21.5 million.

The "Crestwood-Oporto District Redevelopment Plan", commissioned from KPS Group by the City of Birmingham and completed in January 2006, envisioned a redevelopment of the Festival Centre site for residential uses with retail/office buildings facing Crestwood Boulevard

On the evening of December 25, 2011 a large group of unsupervised youths disrupted theater operations, roamed around the theaters and shopping center in unruly packs, and looted the open candy shelves in the lobby. Operators closed the cinema and Birmingham Police dispersed the crowds. Similar gatherings reportedly have occurred near multiplexes in Trussville and Vestavia Hills.

In early 2012 the shopping center was sold by DDR to Skyline International Development Inc. and Mark Gold of Toronto, Canada for $3 million. The company announced plans for a multi-million renovation, including space for a Birmingham Police Department substation and community outreach center. Occupancy rates increased quickly, despite the closure of Anna's Linens, and the developers added a Steel City Jump Park trampoline park inside the cinema and a separate Off the Wall family fun center.

In late 2018 Gold and his partners sold Crestwood Festival Center to a subsidiary of Toronto's Timbercreek Asset Management for $11 million. CityWide Properties of Baltimore, Maryland acquired it in August 2022 for $9.39 million. That company announced plans for $1.5 million in capital improvements. The center is presently leased and managed by NAI Chase Commercial.

Tenants

Former tenants

Outparcels

References

  • Underwood, Jerry (November 17, 1993) "Shops' opening may boost strip." The Birmingham News
  • "Citicorp sells Eastwood Festival." (November 28, 1995) The Birmingham News
  • Bryant, Joseph D. (June 17, 2010) "Closed cinema in Birmingham's Crestwood neighborhood to reopen." The Birmingham News
  • Hansen, Jeff (December 27, 2011) "Rowdy Christmas Day crowd forces early closing of east Birmingham's Edge 12 Movie Theater." The Birmingham News
  • Diel, Stan (April 29, 2012) "Canadians buy Eastwood Festival Centre." The Birmingham News
  • Poe, Ryan (May 4, 2012) "Crestwood Festival Center's new owner is 'making offers'." Birmingham Business Journal
  • Poe, Ryan (May 21, 2012) "Crestwood Festival Center gets 10 new tenants." Birmingham Business Journal
  • Godwin, Brent (October 24, 2018) "Canadian entity buys Irondale area retail properties." Birmingham Business Journal
  • Parker, Illyshia (September 12, 2022) "Crestwood shopping center to undergo renovations." Birmingham Business Journal
  • Thornton, William (September 15, 2022) "Birmingham’s Crestwood Festival Centre sells for $9.3 million, new grocery store eyed." AL.com
  • Byington, Pat (January 31, 2024) "3 new tenants moving into Crestwood Festival Shopping Center." Bham Now

External links