The steel frame and reinforced concrete building was designed to serve as a base for an unbuilt skyscraper.

The building occupies a full city block and housed one of America's first indoor shopping malls.

[1] In 1997, the City of Asheville acquired the title to the building under the National Monument Act.

The city then signed a 198-year lease with the Grove Arcade Public Market Foundation, a group founded to preserve the building's structural and historical integrity.

This article about a property in Buncombe County, North Carolina on the National Register of Historic Places is a stub.