We have eaten at the Colonnade several times and love it over and over. Yes, it's on Bayshore, and, yes, we still have four children. It doesn't get any better for our money though! Especially when you're talking about quality seafood and price! We eat here for the same price of +LongHorn Steakhouse or +Red Lobster. The wait staff is always professional and courteous even when our kids are not.
It doesn't get any better for fine dining and again, family friendly, than The Colonnade. Repeat customers here!!