Arcade Micro-Lofts Coming On Line

arcade Trying to be optimistic about the whole Arcade renovation and as you drive down Weybosset Street it is clear that things are happening. According to this morning’s ProJo, Arcade owner Evan Granoff is working first to get businesses into the first floor. But it’s the residential portion of the program that intrigues.

He now says the top two floors, which will become 48 “micro-lofts,” are the component that makes the Arcade self-sustaining. Geared to attract young business professionals and commuters, most of these apartments — priced as low as $550 a month and including all utilities — will be less than 270 square feet, and include a private bath, small kitchen, built-in bed and seating. Ten others will be larger, from 500 to more than 800 square feet, with two or three bedrooms. The first floor will also include common areas for the residents, such as a lounge area with a big-screen television and a game room.

Great price point — this could be kinda cool. A model apartment will be finished in a month or so, and the lofts may be ready for tenants by February 1st. Windows on the side of the building are being reopened.

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