It was built as a movie palace and ballroom in 1927 and today is the home of the Indiana Repertory Theatre.

The main feature of the facade is the curving triangular arch with churrigueresque framing that fills the central bay above the marquee.

The basement originally contained bowling alleys and billiard rooms.

The auditorium was distinguished by elaborate plaster ornamentation based on Spanish Baroque motifs.

[2] The building was restored and the auditorium was extensively remodeled in 1979–80 to accommodate the needs of the Indiana Repertory Theatre.