After spending the day bored and digging around online... I've noticed that Jim Wilson's website now lists Gateway Towne Center (Moody, AL) as a development of theirs. The last time I looking at jwamalls.com I don't recall seeing it listed. They also have gone ahead and listed tenants which include Belk, Dillards, Dicks Sporting Goods, Barnes and Noble, Circuit City among others. That tenant mix falls right about in line with what I would expect to see considering other large developments by Colonial around the metro area. I'm just surprised this isn't a Colonial development instead of Jim Wilson.
Digging around further I ran across a leasing plan on the St. Clair County Economic Development site.Leasing Plan
The leasing plan shows three large Dept. store tenants at 80k sq. ft. or larger. The two 80k sq. ft. stores would most likely be Dillards and Belk. The 127k sq. ft., in my opinion, is the long rumored Target for the area. That size is right in line with the other area Targets (not supercents) and with Wal-Mart being across the interstate, we know it's not Wal-Mart. Also shown on the leasing plan is a movie theater. I haven't heard any mention of the theaters yet however.
Moving one exit up the interstate to Grand River. I've started hearing rumors of some of the additional retail looking to locate there. Two stores I've heard mentioned were BJ's (a warehouse shopping chain like Sam's and Costco) and Saks. I can only imagine if the Saks rumor holds true that it is actually an Off 5th outlet store for Saks. I've heard over and over that the retail portion of Grand River has been described as upscale outlets or premium outlets and an Off 5th store would certainly fit the bill there as an ideal upscale tenant. Alabama doesn't have any true "upscale" outlets and quite honestly doesn't have that many "good" outlet centers anymore. Boaz leaves a lot to be desired now and Watermark place just never really took off like it could have. If Grand River ends up to be something like the Chelsea Premium Outlets located north of Atlanta or in Orlando, then that will definitely be a huge positive.
I've seen several mentions from people in various forums about "how can two large retial developments both survive in the St. Clair county area" and that right there is exactly how. Position one as an upscale outlet center an the other as a regional lifestyle center. They could then feed off each other with little to no overlap in stores. And I don't think anyone will argue that the eastern metro is very underserved when it comes to retail compared to areas like Hoover/Pelham/Alabaster, Trussville, Gardendale/Fultondale and even the McCalla/Bessemer area now. Both of these developments will benefit greatly as well from the Pell City area as people from Pell City have to choose to drive to Oxford or Birmingham now to get deparment store shopping (both about 30 to 40 minutes or more). Moody/Leeds is only about 15 from Pell City.
Ok, I've rambled on enough now...