Arcade Post Office to close and relocate
U.S. Postal Service seeks replacement space in as-yet-finalized downtown location
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U.S. Postal Service seeks replacement space in as-yet-finalized downtown location
Manny’s, Percy’s, Peanut Shop asked to stay as downtown retail structure undergoes upgrade
Also: Acquisition price finalized for east side deal; Midtown parcel sells for $2.6M
Effort comes after iconic downtown building sold in April for $28M
As the Post reported Friday, local real estate industry veteran Rob Lowe and various silent investors closed on the purchase at last week’s end. Nashville-based FirstBank has provided a loan of $22,560,000, according to the Register of Deeds document. The seller was an entity affiliated with Arcade Company. Listed on the National Register of Historic Places since 1973, The Arcade opened in 1902 and offers an address of 65 Arcade Alley. Spanning Fourth and Fifth avenues north, it was Nashville's first “shopping center,” as it replaced what was called Overton Alley as the city’s retai...