Crestwood Festival Center: Difference between revisions
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* [[Phar-Mor]] (1989–), [[Goody's]] (1994–2001) | * [[Phar-Mor]] (1989–), [[Goody's]] (1994–2001) | ||
* [[Lechmere]] (1989) | * [[Lechmere]] (1989) | ||
* [[Shoe Carnival]] (1994–) | * [[Shoe Carnival]] (1994–) | ||
* [[Stein Mart]] (1993–1996) | * [[Stein Mart]] (1993–1996) | ||
==Outparcels== | ==Outparcels== | ||
Revision as of 19:58, 4 May 2012
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 $3 million. The company announced plans for a multi-million renovation, including space for a Birmingham Police Department substation and community outreach center.
Tenants
- America's Best Contacts & Eyeglasses
- Anna's Linens
- Burlington Coat Factory (1998–)
- Computers Doctor
- Dollar Tree
- Dress Code
- Edge 12
- Honeybaked Ham
- H & R Block
- Jimmy's Barber & Style Shop
- Radio Shack
- S & K Menswear
- Stylz Men's Ware
Former tenants
- Alfredo's Pizza Cafe (1995–2012)
- Barnhill's Restaurant
- Children's Palace (1989-90)
- Discovery Zone FunCenter (1995–)
- Phar-Mor (1989–), Goody's (1994–2001)
- Lechmere (1989)
- Shoe Carnival (1994–)
- Stein Mart (1993–1996)
Outparcels
- Cabinets To Go (outparcel)
- Campo Electronics, Festival Head Start Center
- Festival Head Start Center
- Home Depot (1995–)
- New China Buffet
- Western Supermarket (-2001), Food$mart (2001–)
References
- Underwood, Jerry (November 17, 1993) "Shops' opening may boost strip." Birmingham News
- "Citicorp sells Eastwood Festival." (November 28, 1995) Birmingham News
- Bryant, Joseph D. (June 17, 2010) "Closed cinema in Birmingham's Crestwood neighborhood to reopen." Birmingham News
- Hansen, Jeff (December 27, 2011) "Rowdy Christmas Day crowd forces early closing of east Birmingham's Edge 12 Movie Theater." Birmingham News
- Diel, Stan (April 29, 2012) "Canadians buy Eastwood Festival Centre." Birmingham News
- Poe, Ryan (May 4, 2012) "Crestwood Festival Center's new owner is 'making offers'." Birmingham Business Journal