Jump to content

The Arcade

skirby

Recommended Posts


  • Replies 53
  • Created
  • Last Reply
bchris02 Hamlet

bchris02

Posted
Posted

This sign has appeared in the parking lot where Moses Tucker tried to build an Aloft Hotel on Clinton Avenue. I saw a news story the other night on TV and it said construction would begin when a lease is signed for the project.

p1050344.jpg

Looks amazing. I wonder what all it will contain? Will be a heck of a lot better than the parking lot the city wanted to put there.

Link to comment
Share on other sites
Architect Town

Architect

Posted
Posted

I think this end result was ideal, with a retail/mixed use project on Clinton Avenue and the aLoft one block south - stretching development to other blocks (I think this will end up being a great thing).

Regarding the Arcade, I like the idea of a movie theater...I hope it pans out, but I know the theater at Peabody Place in downtown Memphis has struggled (if it's still open).

Link to comment
Share on other sites
skirby Town

skirby

Posted
  • Author
Posted

I think this end result was ideal, with a retail/mixed use project on Clinton Avenue and the aLoft one block south - stretching development to other blocks (I think this will end up being a great thing).

Regarding the Arcade, I like the idea of a movie theater...I hope it pans out, but I know the theater at Peabody Place in downtown Memphis has struggled (if it's still open).

I think the problem with the Peabody Place theater was it started off with too many screens(20). On top of that there are not a lot of people that live near the theater. A theater in the River Market would draw from the Heights, Riverdale, Midtown and sections of North Little Rock.

Link to comment
Share on other sites
ArkansasTraveler Whistle-Stop

ArkansasTraveler

Posted
Posted

Peabody Place's Muvico 22 closed in late 2007, I believe. It did seem an ambitious amount of screens, even for a tourism-driven city like Memphis, in the downtown area.

It's doubtful that The Arcade would incorporate that big of a movie theater, which I agree would pull customers from several areas including Riverdale. It would likely be at the expense of the Riverdale 10 (should it still be operating by then), currently set in a center where fortunes look less than bright at the moment.

Link to comment
Share on other sites
Mith242 Gigalopolis

Mith242

Posted
Posted

There might have been just too many movie theaters for Memphis to support. That's where Malco has it's offices and at least a couple of their 'flagship' theaters. At one time Malco was mainly an Arkansas based movie theater company. Although their main focus seems to Memphis they still have a number of theaters in Arkansas. They've been very aggressive in NWA. There's only two theaters in NWA that's not owned by them, one in Fayetteville and one in Bella Vista. But anyway I think another company could have a hard time going up against them in Memphis.

Link to comment
Share on other sites
Architect Town

Architect

Posted
Posted

Peabody Place's Muvico 22 closed in late 2007, I believe. It did seem an ambitious amount of screens, even for a tourism-driven city like Memphis, in the downtown area.

It's doubtful that The Arcade would incorporate that big of a movie theater, which I agree would pull customers from several areas including Riverdale. It would likely be at the expense of the Riverdale 10 (should it still be operating by then), currently set in a center where fortunes look less than bright at the moment.

I went to a movie there on a weekday evening in Spring 2007, and I swear, we must have been the only people in it. No lie. It was eerie...the place was huge. It must have been bleeding cash.

Link to comment
Share on other sites
  • 8 months later...
  • 10 months later...
thewizard16 Hamlet

thewizard16

Posted
Posted

I've heard (solid) rumors of an impending mixed-use mid-rise. I've been assuming it's this project.

I hope so. I really like Moses Tucker as a developer and think they're most likely to be the spark that helps get the momentum of the River Market revitalization to spread more effectively outside of the President Clinton/Markham corridor. They're the ones that put it on the line for the River Market, so hopefully other developers will follow their cue and jump in on Main Street and nearby projects if The Arcade becomes a reality.

Link to comment
Share on other sites
skirby Town

skirby

Posted
  • Author
Posted

I've heard (solid) rumors of an impending mixed-use mid-rise. I've been assuming it's this project.

What do you consider to be a mid-rise building? I have not been able to find a clear definition for mid-rise. Some claim a mid-rise starts at 7 or 8 floors and at 4 this would not be one?

Link to comment
Share on other sites
  • 2 weeks later...
thewizard16 Hamlet

thewizard16

Posted
Posted

I've heard - from separate sources - that a mid-rise, mixed-use building is moving ahead. Glad to hear about the hotel as well. I'm assuming you're referring to the aLoft?

I assume so. I specifically brought up aLoft and was told the hotel is moving ahead (hopefully later this year) without any correction on the name, so it seems that is still the plan. It sounds like it is more of a short-term likelihood for the hotel to get underway than the Arcade actually (the hotel was mentioned as hopefully later this year and "maybe the Arcade too"), but I do know it's being actively worked on. I would certainly assume that this is the same mid-rise mixed use building you have heard about too, and it would seem likely finances/pre-leasing interest are what they would need to be working on to get the project moving along.

Link to comment
Share on other sites
  • 3 weeks later...
jcmcclure77 Crossroads

jcmcclure77

Posted
Posted

I assume so. I specifically brought up aLoft and was told the hotel is moving ahead (hopefully later this year) without any correction on the name, so it seems that is still the plan. It sounds like it is more of a short-term likelihood for the hotel to get underway than the Arcade actually (the hotel was mentioned as hopefully later this year and "maybe the Arcade too"), but I do know it's being actively worked on. I would certainly assume that this is the same mid-rise mixed use building you have heard about too, and it would seem likely finances/pre-leasing interest are what they would need to be working on to get the project moving along.

There will be a new hotel built on the lot across from Dizzy's, and rumored to start later this year, but it will not be an Aloft property. It has been decided that brand would not do well in this market. Cannot disclose hotel brand at this time...

Link to comment
Share on other sites
Architect Town

Architect

Posted
Posted

There will be a new hotel built on the lot across from Dizzy's, and rumored to start later this year, but it will not be an Aloft property. It has been decided that brand would not do well in this market. Cannot disclose hotel brand at this time...

WHAT?!!!! Major disappointment (if this is true). So an aLoft works in a suburban strip area of Rogers, but not in a hip, urban downtown are of Little Rock? Wow.

Link to comment
Share on other sites
  • 2 months later...
thewizard16 Hamlet

thewizard16

Posted
Posted

Does anyone know about the status of this project or another four story project that will include 15,000 sq.ft. of retail and the remainder residential?

It's still alive as previously mentioned, I was told a while back that there should be some news/announcement by the end of the year. I haven't heard anything to indicate there had been any change of plans, anyway.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.