In September 2015, Langley Properties, the development's most recent management company, sold Pelican Place to RCG Ventures of Atlanta, Georgia, for more than $18 million.
The city would lease the acreage back to Colonial Properties Trust if they successfully developed an upscale open air mall two years after the sale.
The developer initially sought retailers such as Ann Taylor LOFT, American Eagle Outfitters, Coldwater Creek, and Swim & Sport as tenants.
These include a 60,000-square-foot (5,600 m2) fourteen screen Cobb Theatres multiplex, a 15,676-square-foot (1,456.3 m2) Books A Million, and 25,344-square-foot (2,354.5 m2) Bed Bath & Beyond.
[1] Pelican Place was developed as a retail and entertainment component of the Craft Farms golf community, from which it is separated via a landscaped man-made retention pond.