As part of the historic district of Richmond, VA, Tarrant’s Downtown, located at 1 West Broad Street, has long been a community staple. In the 1800s, the area was dramatically transformed due to a massive fire in April 1865, which caused many Main Street businesses to relocate to Broad Street. The width of the street provided a central area for transportation that was key to Richmond's recovery over the course of the following years. In 1883, the building that now houses Tarrant’s was home to a drugstore owned by Harrison and Pierce. In 1905, it was taken over by William G. Tarrant, who started the Tarrant Drug Company. This corner drug store sold glasses and all kinds of medicinal remedies. Physicians could write prescriptions and customers could purchase remedies on-site. After Tarrant died in 1961, the drug store was taken over by his son Bill, who ran it until 1987.