Arcade Asheville, a College Street bar that opened downtown three years ago, is closing, according to messages posted on the bar’s Facebook page. For example, here’s a post from Arcade Asheville on its page:

The count down to New Year’s Is here! Stop bye The Arcade to pick up your tickets to our final throw down ever! Check out the event page for details!

Commenters on various posts are saying that a new restaurant is planned for the location at the corner of College and Spruce streets, but that is unconfirmed. There is a new Brazilian streakhouse going in around the corner at the former Magnolia’s restaurant. And there’s a new piano bar going in at the former Cinjade’s location nearby.

Arcade Asheville, also affectionately known as the “barcade,” opened to a lot of hoopla in December 2010 with food and a wide selection of vintage video games and pinball machines. Not sure why the decision now to close. I’ve left a message with Leonard Poe, a local attorney and an owner of the business.