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ProJo: $7-million Arcade revival taking shape

Seven months after unveiling a plan to transform the landmark Arcade building into a mix of retail and loft apartments, the owner of America’s oldest indoor mall says the project is taking shape.

Evan Granoff, of 130 Westminster Street Associates LLC, says four “unique” restaurants and 14 other small retail shops may occupy the first floor of the 1828 granite building as early as the end of September.

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