The Colonnades Leisure Park or Croydon Colonnades is an out-of-town leisure park located in the Purley Way retail and industrial district of the London Borough of Croydon, South London. It opened in the late 1990s on the former site of the Croydon Water Palace, an indoor water park complex that operated from 1990 to 1996. It lies alongside the Purley Way Playing Fields, and opposite the former Croydon Airport site.

Purley Way is a section of the A23 trunk road in the London Borough of Croydon, in the areas of Purley, Waddon and Broad Green, and has given its name to the out-of-town shopping area alongside it with a catchment area covering most of South London.