The $118 million renovation of the historic Arcade high-rise downtown is on track to be completed in December, developer Dominium said Wednesday.聽
Minneapolis-based Dominium said the first of 282 apartments at the 聽at 8th and Olive streets was completed at the end of May.聽
The rehab of the Arcade, a property that includes two buildings, will add more than 13,000 square feet of artist studio space and a 19th floor rooftop terrace.聽
"We are pleased with the progress to date and expect to open the Arcade on time,鈥 Jeff Huggett, vice president and project partner at Dominium, said in a statement. 鈥淐ompleting the first apartment is a major milestone in the renovation process.鈥
Once completed, Webster University will occupy the first two floors and mezzanine. The university's space includes a 170-seat auditorium, administrative offices and art gallery.