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Dollarhide’s Music Center, a longtime staple in downtown Pensacola, announced Monday that the store will close by May.

Owners Bill and Margaret Dollarhide are retiring after 41 years in the piano business, 28 in Pensacola, 24 of them spent on Palafox Place.

“We will begin our going-out-of-business sale this Thursday, March 10,” said Bill Dollarhide. “We need to sell our entire inventory, including all new and used pianos and organs. We will be offering deep discounts over the coming weeks and will close our doors when everything has been sold, or by May 31.”

Dollarhide’s has been the exclusive area dealer for sales and service of Yamaha pianos and Clavinovas, Allen organs for churches and Roland digital pianos. The business also has one of the largest print music departments in the Southeast for pianists, organists, students, and teachers.

The Dollarhides opened a small store on South Palafox Street in the spring of 1988, when downtown Pensacola was in decline with boarded up storefronts and empty buildings. “We’re proud to have been a small part of the resurgence of downtown Pensacola,” said Dollarhide. “We thank our thousands of customers over the years for making it possible.”

“We’d also like to thank One Palafox Place owner Bobby Switzer for making this an easy transition by allowing us to terminate our lease early,” he furthered.

In April of 2015, One Palafox Place, LLC, led by managing partner Bobby Switzer, purchased the 4.5-acre historic city block on the southwest corner of Palafox and Garden streets with plans to redevelop and reimagine the property into a mixed-use community of restaurants, retail shops and offices working in partnership with residential living.

“We hope that the next establishment to move into this location will contribute as much to the Pensacola community as Dollarhide’s has,” said Switzer.

The Dollarhides have steadily supported and provided pianos and organs for non-profits such as the Pensacola Symphony, the Pensacola Music Teachers Association, the American Guild of Organists, the Pensacola Civic Band, the Pensacola Opera, the Choral Society of Pensacola, the Jazz Society, the University of West Florida, Pensacola State College, Pensacola Christian College, and schools and churches across the Gulf Coast.

In addition, the Dollarhides have been active in the community, including founding the SpringFest music festival in 1991, partnering in the startup of Bravo for Kids to provide musical instruments for deserving middle school students, and serving on area boards and committees including the Symphony, the Better Business Bureau, the Gulf Coast Arts Council and the Downtown Improvement Board.

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