The Arcade Providence reopened to the public after a five-year hiatus Oct. 21.
Ten new shops and one restaurant began serving customers. Those businesses are expected to be joined by six more on the first floor of the Arcade in the next few months. The redeveloped 1828 building also includes 48 “microloft” apartments where second- and third-floor commercial spaces used to be.
Is the loss of commercial space a sign that the downtown is no longer the business draw it once was?
Or does the historic building’s reopening signal renewed interest in the area among businesses and investors?