It was erected in 1900, across the street from the Palazzo Manganelli, and designed in a Liberty style (Italian Art Nouveau).
When it was inaugurated in 1900 as mainly a stage for live opera during a summer season, the complex included a cafe, restaurant, and even a small hotel.
The opening performance was La bohème di Giacomo Puccini.
It was commissioned by Mario Sangiorgi to serve a lighter open air fare and entertainment than the opulent Teatro Massimo Bellini.
The theater was not roofed till 1907, and further decoration was provided in the atrium by the painter Salvatore De Gregorio.