5th Street Arcades welcomes a windfall of new retail

As recently as last year, the historic Colonial and Euclid Arcades downtown suffered from 40 percent vacancy. But oh, how fortunes have changed. The once-moribund properties, rebranded as 5th Street Arcades, have gone from half-empty to almost completely full. Much of the thanks goes to Dick Pace of Cumberland Development, who has lured numerous new tenants boasting fresh concepts.

Read the full story, and watch the slide show, HERE.