A third -and final- renovation was done in 1982 and '83. Charlotte-based Ivey's added a store in front of the center's main entrance. COLONIAL PLAZA now encompassed approximately 967,000 leasable square feet, with a tenant list of 105 stores and services.
 

The relentless over-malling of Orlando had sent COLONIAL PLAZA into a downward spiral by the early 1990s. The complex was redeveloped as an open-air power center. Structures left standing are surrounded in blue. The new shopping center spanned 487,700 leasable square feet, with a tenant list and fifty-two.
Original drawing from www.weingarten.com / Weingarten Realty Investors