In April 2004, RED Development, LLC announced intent to purchase 38 acres from Deltic Timber Corporation (now
PotlatchDeltic) to develop the Promenade in west Little Rock's Chenal Valley. The sale between the two parties was closed in September 2006 and construction began in 2007. The Promenade at Chenal was completed in May 2008, with final construction costing $79 million. The Promenade was originally planned to be a center anchored by
Dillard's, but due to construction delays, Dillard's did not become a tenant at the Promenade. Instead, the Promenade consists of and Dillard's remains at its
flagship location in
Park Plaza Mall, further east in
Midtown. Original tenants at the Promenade included the state's first IMAX theater and the state's first
J. Crew. In August 2011,
Apple opened its first
Apple Store location in the state at the Promenade. As of 2022, the Little Rock location is the only Apple Store location in Arkansas. In December 2019, a non-disclosed private group based out of the Northeast United States announced they had purchased the Promenade and will retain the local group Moses Tucker Partners to manage the site. The next month,
Arkasnsas Democrat-Gazette reported the Promenade exchanged owners for $10 cash and other unspecified considerations "in lieu of foreclosure." Sullivans Steakhouse opened a Little Rock location at the Promenade in April 2022, with Executive Chef Michael Brown. Arkansas-based and family-run jeweler, Sissy's Log Cabin, chose the Promenade for its sixth location, which opened in July 2022. == See also ==