Hayes Marketplace

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Hayes Marketplace was a proposed retail "lifestyle center" planned by AIG Baker for a 157-acre site between U.S. Highway 31 and I-65 at Shelby County Highway 52 in Pelham.

Originally proposed as a $110 million development in 2002, the 850,000 square-foot center was to have been named for former Mayor of Pelham Bobby Hayes. Delays in the development due to complications in leveling the site and upgrading adjacent roads for sufficient access allowed the Colonial Promenade Alabaster to pick off potential tenants. AIG Baker reduced the scale of the proposal to 500,000 square feet before dropping it altogether in the wake of the Great Recession.

The site is now being marketed for sale by Cincinnati, Ohio's Fifth Third Bank.

References

  • Tomberlin, Michael (June 9, 2010) "Pelham retail property back on market." Birmingham News