Originally, movies ran for three days, and vaudeville performers were on stage Thursdays, Fridays and Saturdays.
[1] In 1938, the theatre was renovated to accommodate sound films, with the original murals replaced with acoustic tiles.
With rising competition from suburban multiplexes,[4] the theatre closed on Nov. 27, 1978, with a showing of Bruce Lee’s Fists of Fury.
After many unsuccessful attempts to renovate and revive the theatre, the City of Charlotte acquired the building in 1986[7] and sold it to Foundation For The Carolinas in April 2013.
In March 2017, it was announced that, as part of the theatre's restoration, a 257-room InterContinental[11] hotel would be built atop the structure.
[14][15] The hotel project was put on hold in November 2020,[16] when the developers lost their financing, due to the economic impact of the COVID-19 pandemic.