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The Arcade Restaurant Review: Hot breakfasts and simple sandwich plates are served up on kitschy boomerang tabletops at this South Main Arts District eatery. Founded in 1919 and redesigned in the 1950s, The Arcade has stood the test of time and seen the area around it go from bustling to seedy to bustling again. At breakfast, try the plate of egg, hash browns, and biscuits and sausage smothered in country-style gravy. Midday fare varies from burgers and grilled sandwiches (some named after movies filmed inside The Arcade) to gourmet pizzas. For a true taste of Memphis, try the fried peanut butter and banana sandwich, a favorite of Elvis Presley. As dessert, we suggest the beignets with powdered sugar. The Arcade is only open for breakfast and lunch most days, but it’s open late on Thursdays, Fridays and Saturdays when it offers a build-your-own Bloody Mary bar and a cocktail list.