When the auditorium was slated for demolition, the local consortium who owned the St. Louis Blues, Kiel Center's main tenant, promised to rehabilitate the opera house as well.

In June 2009, the St. Louis Board of Aldermen voted 25–1 to subsidize the renovation and reopening of the theatre under the direction of the Blues' new owners, Sports Capital Partners.

The show featured personalities such as Jay Leno, Aretha Franklin, and Chuck Berry and was attended by a full house of 3,100.

[10] Since its reopening, it has played host to a diverse variety of performing acts, including touring musicians, comedians, live theatre and dance, and social and political events.

On June 20, 1965, Frank Sinatra, Dean Martin, and Sammy Davis Jr. with Johnny Carson as the emcee (subbing for Joey Bishop who was out with a bad back) performed their only televised concert together during the heyday of the Rat Pack.