280 shopping plaza seeing growth
Brook Highland Plaza is seeing changes, with new tenants arriving, old tenants leaving and others getting makeovers.
The property was built in 1994 and last renovated in 2003. It features nearly 550,000 square feet of retail space and is at U.S. 280 South at Brook Highland Drive.
New restaurant tenants Zoe’s Kitchen and The Boot at Brook Highland have opened this year, and Outback Steakhouse is undergoing a renovation.
Two more dining options are on the way: Las Trojas Mexican Cantina is slated to open in the vacant space next to Party City, and Domino’s Pizza is opening a new location next to Mattress Firm.
Bargain Hunt has taken over the space formerly occupied by Big Lots. The new location will offer more than 23,000 square feet of sales space that will house an assortment of brand-name apparel, bed-and-bath accessories, electronics, home decor, small kitchen appliances and more. Its Best Bargains Discount Program discounts the price on participating items based on how long items have been in the store. After a month from the date on the price tag, the marked price discounts 10 percent, then it drops an additional 10 percent every Markdown Day (1st, 10th and 20th of every month) until it reaches 90 percent off.
The discount store had a grand opening in June. Located in seven states, the franchise said operating out of this tight geographic region allows them a competitive advantage of providing new merchandise selections to customers often two to three times a week.
“Bargain Hunt selected Brook Highland for their newest Birmingham area store location because of the tremendous traffic on 280 in front of the center and the very strong co-tenants,” said Peter Adams, vice president of real estate and business development for Bargain Hunt Stores. “Our customers can expect amazing deals. Our savings are 30 percent to 50 percent or more off regular retail, and our unique and constantly changing product selection [includes] new merchandise arriving every week.”
Adams said the company plans to open more stores in greater Birmingham in the next year or two.
Hancock Fabrics is closing, leaving an opening between Dick’s Sporting Goods and Home Goods. The other large space available is the former Ross Dress for Less location next to Petco.
The property, managed by DDR, has eight available rental units ranging from 1,400 square feet to more than 30,000 square feet.
DDR’s leasing team said they were unable to confirm any new tenants at this time, but said they were negotiating with national retailers.