The building was designed by architect Francis Bent Rolfson and was begun in 1928.
The building has a Y-configuration with a central rotunda; it was completed in 1939 and was dedicated as an LDS Church meetinghouse on 5 November 1939.
Extensive renovations were conducted and the building was opened as the Raymond Community Centre on 1 June 1996.
The Community Centre houses the Broadway Theatre, the Raymond Public Library and offices for several businesses.
In 1989, the building was designated as a Provincial Historic Resource and listed on the Alberta Register of Historic Places as the Latter Day Saints Park Avenue Chapel.