This should be an interesting mini Loft Project. The Arcade is the country’s first indoor shopping mall. On Wednesday, developers announced that it’s being transformed into a mix of retail shops, restaurants and lofts.
The ground level of the 180-year old building will hold three restaurants and a dozen new shops. The top two floors will become home to 48 micro-lofts, mostly studio spaces with an average of 250 square feet.
The Arcade was built in 1828 and is a National Historic Landmark. The building closed in 2008 because of the poor economy.