Colonial TownPark Draws Shoppers to Smyrna
Published Jul 17, 2008
There’s a new place to shop in Smyrna, and it’s bigger than any retail development the town has ever seen.
“The Colonial TownPark project will be a big asset for citizens for shopping as well as to the sales tax base of our town,” says Kevin Rigsby, Smyrna town planner.
Located off Interstate 24 along Sam Ridley Parkway, the project will include 400,000 square feet of retail space that will house 24 stores.
The project is being developed by Colonial Properties Trust in Birmingham.
Colonial Properties has identified more than 79,000 homes with average household income of nearly $67,000 within a 10-mile radius of the development.
Anchoring the project is a 175,000-square-foot Super Target. The center also is home to Kohl’s, Staples and PetSmart. Other popular retail outlets such as Ross Dress for Less, Maurice’s, Lane Bryant, New York & Company, Dollar Tree and Bath & Body Works are scheduled to open in 2008.
Situated on a 66-acre site, the development will incorporate not only retail, including some locally owned businesses, but also new restaurants and hotels. Applebee’s and IHOP are two of the restaurants already approved for the complex.
“We expect there to be lots of spinoff development as far as out-parcel restaurants and hotels that will want to be near the center,” Rigsby says.
Story by Jessica Mozo
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