I think that something like a community arcade would be a grand idea! I am pretty new to the area myself, and asked around the college folk what there was to do around town, usually getting bland answers like "nothing" or "partying" came up and about though. Not very constructive answers it seems.
But the idea of an Arcade or some sort of Recreation Hall would be a great and constructive "hang out" spot to allow the young folk in town to mingle and stay out of trouble. Gives something to do on days where activity seems scarce. Maybe have games, like pool, board games, card games and what have you (but not so much Bar related), and have like a community movie night every week and maybe club or organisation meetings for people to get more interactive into the community!