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<p>Partners from Baltimore, Maryland is interested in the property. Initial estimates state that the mixed-use renovation of the Arcade may cost up to $60 million to complete. An article by Lewis Wallace at WYSO stated that "The [Miller-Valentine Group] hasn't necessarily agreed to pursue that larger project, but these first steps are a glimmer of hope after a long time in limbo. "</p>

<p>According to Petitjean, Cross Street Partners and Miller-Valentine have collaborated on past projects and "bat 1,000" on redevelopment projects of local properties.</p><p>
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