The architectural outline for this arcade was originally drawn by George Feltham. Feltham mapped out construction designs for many other significant buildings in the area, including Ponce de Leon Hotel, First Baptist Church, and Sunset Hotel. The arcade was first purchased in 1923 for 1.2 million dollars by John B. Green and William Richman due to Real Estate intentions. In 1934, the building was renamed as the Seventh Street Arcade. However, when the arcade was purchased by Parsley and Stone, Inc., it was renamed again to the Parsley and Stone Arcade.
The utilization of this building transformed throughout the years since construction. It initially served as a Real Estate location and, later, moved on to become a shopping hub. Today, this arcade serves as an office space, as well as a location for a new science program called, Hands On.
Features of this 1.2 million dollar arcade include 877 square feet of flooring. Its Mission Revival style of design encompasses low roofing and Spanish decorations. The location of this arcade, Downtown St. Petersburg, is in the heart of the city and attracts historians and tourists wishing to discover the past.