Built in 1926 out of part of the grand Massasoit House hotel[2] at a cost of over $1 million, the Paramount Theater was the most ornate picture palace in Western Massachusetts.

As of 2011, The Paramount is in the midst of a $1.725 million renovation to once again become a theater after decades as a disco and concert hall, (the Hippodrome), when it was the center of Springfield's club scene.

[4] However, the New England Farm Workers Council would subsequently announced plans to sell the building on July 30, 2024.

[5][6][7] From 1926 until the 1960s, The Paramount changed names several times—including a brief stint as the Julia Sanderson Theater, honoring a famous actress from Springfield.

In 1999, the venue was purchased and restored by Steven Stein and Michael Barrasso of Paramount Realty Investment LLC/Creative Theater Concepts.