Promenade Alabaster (formerly Colonial Promenade Alabaster and Probst Promenade) is the second and southern half of a major two-part retail center at the intersection of U.S. Highway 31 and Interstate 65 (Exit 238) in Alabaster.
The center is traversed by South Colonial Drive and bisected by South Colonial Parkway. The shopping center was developed by Colonial Properties Trust and constructed by Brasfield & Gorrie and Walter Schoel Engineering Company to architectural designs by Crawford McWilliams Hatcher Architects. It opened in July 2007, approximately two years after Phase I.
In late 2012, the larger Phase I of the shopping center was sold to Huntsville's Propst Properties and subsequently renamed Propst Promenade. In late 2015 Merchants Retail Partners completed a $13 million redevelopment and expansion of the shopping center.
The smaller second phase, on 55 acres on the east side of I-65 and south of Highway 31 is anchored by Target, Best Buy, T. J. Maxx, PetSmart and Dick's Sporting Goods, which was added in the center's redevelopment.
- 100 South Colonial Drive (N to S):
- #400: Anderson Dental
- #500: Great Clips
- #600: Honeybaked Ham
- #800: Canales Orthodontics
- Nails Model
- #1000: Bedzzz Express
- #1200: Firehouse Subs
- #1400: Campus Spirit
- #1600: Sanctuary Christian books & gifts
- #2100: Don Walker's Western Wear
- #2200: GNC
- #2400: Ulta Beauty (2015-), former location of Maurice's (2007-)
- Best Buy
- 200 South Colonial Drive:
- Dick's Sporting Goods (2014-)
- 250 South Colonial Drive:
- 300 Colonial Promenade Parkway
- #100: Moe's Southwest Grill
- #200: Supercuts
- #300: Paul's Diamond Center (closed 2019)
- #400: Claire's
- #500: Kirkland's Home
- #600: Sleep Outfitters
- #800: Hibbett Sports
- #900: Ross
- #1100: Dollar Tree
- #1500: Bath & Body Works
- #2000: Merle Norman
- #2100: Belk
- #2200: Books-A-Million / Yogurt Mountain
- #2300: Old Navy
- #2400: Bed Bath & Beyond
- #2800: The Shoe Dept.
- #3000: Sally Beauty Supply
- #3100: Game Stop
- 320 South Colonial Drive
- 340 South Colonial Drive
- Boortz, Neal (August 21, 2003) "Draw the line in Alabaster." Nealz Nuze - accessed June 17, 2006.
- Daniels, Malcomb (August 25, 2003) "Shelby court may hear land case." The Birmingham News.
- Guarino, Fred (January 6, 2004) "Eminent domain settlement reached - eight of 10 landowners agree to sell." Shelby County Reporter.
- Wilkinson, Kaija (July 21, 2005) "Alabaster's Colonial Promenade filling up fast." Birmingham Business Journal.
- Guarino, Fred (September 20, 2005) "Alabaster starts process for Colonial Promenade South." Shelby County Reporter.
- Daniels, Malcomb (June 17, 2006) "Retail center lineup unveiled." The Birmingham News
- Cooper, Lauren B. (June 5, 2007) "Colonial Properties shareholders to get special cash payout after $1.7B deal." Birmingham Business Journal
- "Colonial sells to joint venture." (December 27, 2007). The Birmingham News.
- Wagner, Neal (December 27, 2012) "North Promenade under new ownership." Shelby County Reporter.
- Wagner, Neal (February 5, 2013) "Promenade shopping center gets new name." Shelby County Reporter
- Reed, Martin J. (January 23, 2015) "Ulta Beauty planning Alabaster opening with sales tax rebates for developer." The Birmingham News
- Goodwin, Brent (December 7, 2015) "Merchants Retail Partners completes redevelopment of Promenade Alabaster." Birmingham Business Journal