[2] Built in 1913-14 and opened on 9 February 1914 as the Pantages Theatre, the building is located in Winnipeg's Exchange District.

The theatre was designed by architects George W. Northwood and B. Marcus Priteca and built for the Pantages Company.

The conversion to live theatre was not successful, and it eventually reverted to a format of vaudeville, tabloid musicals and motion pictures.

[2] The Royal Winnipeg Ballet made its premier performance on the building's stage in June 1940 and continued there until the Manitoba Centennial Concert Hall was constructed in 1967.

[2] The City of Winnipeg agreed to sell the theatre to Alex Boersma and Lars Nicholson in 2019 for $530,000,[5] although the sale was held up on account of negotiations for easements to retain a monument to the 1919 Winnipeg general strike on the corner of Main Street and Market Avenue.