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The '''Riverchase Promenade''' is a 228,000 square foot shopping center located across [[U. S. Highway 31]] from the [[Riverchase Galleria]], between [[I-459]] and [[Alabama Highway 150]]. It was constructed in [[1989]] and remodeled in [[2005]]. In [[2009]] the center was put up for sale by its owner, Macquarie DDR Trust of Sydney, Australia.
The '''Riverchase Promenade''' is a 164,003 square-foot shopping center located at 1705-1731 [[Montgomery Highway (Hoover)|Montgomery Highway]] ([[U.S. Highway 31]]), at [[Arnold Road]] between [[I-459]] and [[Alabama Highway 150]], across from the [[Riverchase Galleria]]. It was constructed in [[1989]] and remodeled in [[2005]].
 
In [[2009]] the center was put up for sale by its owner, Macquarie DDR Trust of Sydney, Australia. RCG Ventures of Atlanta, Georgia purchased the Riverchase Promenade from DDR Corp. of Beachwood, Ohio in [[2015]] for $20.5 million.
 
In October [[2022]] the shopping center was acquired for $26.85 million by 5Rivers CRE from affiliates of DRA Advisors of New York City.
 
The Ollie's Bargain Outlet store occupies a separate parcel owned by National Retail Properties of Orlando, Florida.


==Tenants==
==Tenants==
===Current===
* 1705:
* After Hours Formalwear
** Suite 101 (11,295 SF): [[Boot Barn]] (2023–), former location of [[Tuesday Morning]] (2015–2023)
* Coconuts Music
** Suite 111: [[2nd & Charles]] (2011–), former location of [[Goody's]] (–2008)
* David's Bridal
* 1707: [[Sprint]] (2015–), former location of [[Casual Male XL]] (2011)
* Hancock Fabrics
* 1709: [[JoAnn Fabrics]] (2009–), former location of [[Marshall's]] (–2009)
* Kirkland's (2006-)
* 1711: [[Payless Shoe Source]]
* McDonald's
* 1713:
* Pier One Imports
** Suite 101: [[The Vitamin Shoppe]] (2011–), former location of [[Coconuts]]
* Rack Room Shoes
** Suite 103: [[Phenix Salon Suites]] (2015–), former location of [[Plato's Closet]] (2011)
* Toys'R'Us
** Suite 105: [[LifeWay Christian Store]]
* West Marine
** Suite 109: [[Sophisticated Strands]] hair salon
** Suite 131: [[OnMark Physical Therapy]] (2015–), former location of [[We Buy Gold]] (2011), [[BenchMark Physical Therapy]]
** Suite 139-141: [[F45]] team training (2018)
*** Suite 139: former location of [[HobbyTown USA]], [[Painted BYU]] (2011), [[Do It Yourself Crafts]] (2015)
*** Suite 141: former location of [[Jackson Hewitt]] tax service (2011)
* 1717:
** Suite 101: [[Merle Norman]] (2015–)
** Suite 103: [[Charles Cash]] photography studio (2018)
** Suite 105: [[Faith N Moore]] alterations (2015–), former location of [[Honors Full-Service Salon]] (2011), [[Angel Hair]] family hair salon
** Suite 111: former location of [[Men's Wearhouse|Men's Wearhouse and Tux]] (2011–2015)
** Suite 113: [[Games Workshop]] (2015–)
** Suite 117: [[Play It Again Sports]] (2011–)
* 1721: [[Ulta Beauty Supply]] (2018), former location of [[Hancock Fabrics]] (2011–2015)
* 1723:
** Suite 101: former location of [[David's Bridal]] (2011–2023)
** Suite 111: [[DXL]] men's apparel (2015–), former location of [[West Marine]]
* 1725
** Suite 101: [[Plato's Closet]] (2015–), former location of [[Rack Room Shoes]] (2011)
** Suite 110: [[Creative Nail Spa]] (2011–)
** Suite 115: former location of [[Sikes Shoe Company|Sikes' Children's Shoes]] (1993–2006)
** Suite 125: [[Five Below]], former location of [[Kirkland's Home]] (2006–2011)
** former location of [[Baskin-Robbins]] ice cream
* Outparcels (owned separately)
** 1715: [[Ollie's Bargain Outlet]], former location of [[Toys'R'Us]] / [[Babies'R'Us]] (1989–2018)
** 1727: [[Whataburger]] (built 2022), former location of [[Pier 1 Imports]] (–2020, demolished 2021)
** 1731: [[McDonald's]] restaurant (1991–)


===Former===
<!--* After Hours Formalwear-->
* Baskin Robbins
* Goody's (closed 2009)
* HobbyTown USA
* Kids'R'Us
* Marshall's (closed 2009)
* [[Sikes Shoe Company|Sikes Children's Shoes]] (1993-2006)


==References==
==References==
* Tomberlin, Michael (April 15, 2009) "Riverchase Promenade for sale." {{BN}}
* Tomberlin, Michael (April 15, 2009) "Riverchase Promenade for sale." {{BN}}
* Anderson, Jon (May 6, 2009) "JoAnn Fabrics to open Superstore in Riverchase Promenade." {{BN}}
* Davis, Bryan (July 16, 2015) "Hoover's Riverchase Promenade sold for $20 million." {{BBJ}}
* Anderson, Jon (March 16, 2018) "Customers lament Toys R Us closings at Riverchase, The Summit." ''Hoover Sun''
* Parker, Illyshia (October 31, 2022) "Riverchase shopping center property sells for nearly $27M." {{BBJ}}
==External links==
* [http://rcgventures.com/properties/riverchase-promenade/ Riverchase Promenade] at RCGventures.com


[[Category:Riverchase Promenade|*]]
[[Category:Riverchase Promenade|*]]
[[Category:1989 buildings]]
[[Category:1989 buildings]]

Latest revision as of 10:34, 15 November 2023

The Riverchase Promenade is a 164,003 square-foot shopping center located at 1705-1731 Montgomery Highway (U.S. Highway 31), at Arnold Road between I-459 and Alabama Highway 150, across from the Riverchase Galleria. It was constructed in 1989 and remodeled in 2005.

In 2009 the center was put up for sale by its owner, Macquarie DDR Trust of Sydney, Australia. RCG Ventures of Atlanta, Georgia purchased the Riverchase Promenade from DDR Corp. of Beachwood, Ohio in 2015 for $20.5 million.

In October 2022 the shopping center was acquired for $26.85 million by 5Rivers CRE from affiliates of DRA Advisors of New York City.

The Ollie's Bargain Outlet store occupies a separate parcel owned by National Retail Properties of Orlando, Florida.

Tenants


References

  • Tomberlin, Michael (April 15, 2009) "Riverchase Promenade for sale." The Birmingham News
  • Anderson, Jon (May 6, 2009) "JoAnn Fabrics to open Superstore in Riverchase Promenade." The Birmingham News
  • Davis, Bryan (July 16, 2015) "Hoover's Riverchase Promenade sold for $20 million." Birmingham Business Journal
  • Anderson, Jon (March 16, 2018) "Customers lament Toys R Us closings at Riverchase, The Summit." Hoover Sun
  • Parker, Illyshia (October 31, 2022) "Riverchase shopping center property sells for nearly $27M." Birmingham Business Journal

External links

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