It was located in Downtown Ottawa at the corner of O'Connor and Argyle Streets, today the site of the Taggart Family YMCA.
Built primarily for ice hockey, the arena was also used for sports events, assemblies and musical concerts.
Gorman sold his share to Ahearn, picking up ownership of the Connaught race track in Aylmer, Quebec.
The Auditorium Limited debts to the Ahearn family would lead to the Senators NHL team suspending operations, then starting up again when capital was raised in 1932.
In 1936, the Auditorium went into receivership and was controlled by the Royal Securities Corporation until 1945, when Gorman returned and purchased the building and the Senators.
The Senators won the 1927 Stanley Cup in the Auditorium, the decisive game on April 13, 1927, against the Boston Bruins.
After the Senators folded in 1954, attributed to the rise of televised ice hockey matches, the professional Hull-Ottawa Canadiens played in the Auditorium.
The arena hosted games of the 1931 and 1958 Memorial Cup Canadian men's junior ice hockey championship finals.
[11] On April 24, 1965, The Rolling Stones performed one show at the Auditorium, by then owned by the YM-YWCA, attended by "3,400 screaming teenagers.
On April 23, 1924, actress Louise Brooks appeared as one of the dancers of the Denishawn Dance Company at the Auditorium.
[16] Other rock stars who appeared at the Auditorium included Buddy Holly, Bob Dylan, Brenda Lee, Ray Charles, Fats Domino, The Everly Brothers and Paul Anka.
[18] The Auditorium held its final event on October 1, 1967; a concert by Guy Lombardo and his Royal Canadians.