It was one of the most popular venues in the city, site of concerts, lectures, meetings, and political speeches.
It opened on January 8, 1856, with a "grand operatic concert".
[1] While it existed, from 1856 to 1873, it was the main venue in Philadelphia for speakers for abolitionism and other progressive causes.
In 1873 it was turned into a theatre by J. H. Johnson & Co., and opened October 21st, under the name of the Olympic Theater.
Two firemen were killed when a wall of the burning building collapsed on them.