It was constructed in 1924 and replaced the existing neo-Baroque Romanischen Hauses designed by Franz Heinrich Schwechten.
It became a common location for Berlin premieres of new films.
In 1943 the cinema was gutted by a fire caused by an Allied bombing raid during the Second World War.
Other prestige cinemas located in the area included the Marmorhaus.
[1] In 2017 the redevelopment of the cinema was approved and it was demolished the following year.