[1][2] It was also one of the venues of now-defunct Metropolitan Basketball Association (MBA) as the home court of the Manila Metrostars during the inaugural season in 1998.
[6] Part of its restoration are the repainting of the coliseum's color back into its original which is based from using paint scraping of the building, removals of add-on canopy that was added during the 1970s, metal dividers at the entrance, and wire mesh that separated the spectator area, discoveries of some of its original designs that were covered or removed during its previous renovations (such as the porthole windows and two side rooms at the lobby, and grillworks that bears the letters "T" and "S", referring the coliseum's original name), replacement of faux marble into a real marble, replacement of grillworks to floor-to-ceiling glass at the entrances, the addition of the art-deco style elements on its locker and comfort rooms and the addition of a replica of the original lightning fixtures at the main entrance which was removed during its previous renovations.
[4] As for the installation of the air conditioning system for the first time, Lico and his team removed the building's blowers, vents, and exhaust fans and covered the ceiling with a two-inch foaming insulation to absorb outdoor noise.
[6][4] The restoration work of the coliseum is in accordance to the plan by the NHCP, the agency which declared the complex as a "National Historical Landmark".
[10] On November 22, 2016, then-Manila Mayor Joseph Estrada announced that the city government is making a partnership with businessman Enrique Razon to convert the Rizal Memorial Sports Complex (which includes a coliseum) into a commercial center which will include a mall and cinemas.
[11] The plan was to build-up contemporary buildings and commercial structures with modern smart technologies and amenities, as well as more greener open spaces within the property.
[1][16] On August 7, 2019, both the PSC and the Manila City government (now under the administration of Mayor Isko Moreno) agreed to not selling the complex.
The Rizal Memorial Coliseum exhibits an Art Deco style architecture, particularly Streamline Moderne.