Colonial Properties Trust opened Colonial Promenade Tannehill on July 25, 2008. At 550,000 square feet, a 127,307-square-foot Target, as well as Publix, Premiere Cinemas and PetSmart anchor the center. Located just off I-459 in the Birmingham suburb of Bessemer, Alabama, the $75 million project came to fruition partially because Colonial successfully combined 35 different parcels of land.