Built by Auguste Bluysen [fr] in 1925 in Art Deco style, it has a tradition of showing boulevard theatre.

Around the place where the Gaillon gate stood at the enclosure of Louis XIII, in 1925, the architect Auguste Bluysen [fr] built a theatre in the Art Deco style.

Decorated by Jacques-Émile Ruhlmann, the red and gold auditorium could accommodate 800 spectators, but in the 21st century, it has only 700 seats left.

Inaugurated on 16 November 1925 under the management of Gustave Quinson, from 1927 to 1977 it was run by actor-managers who made the success of its shows: Victor Boucher, Yvonne Printemps, Pierre Fresnay, François Périer, with works by Édouard Bourdet, André Roussin, Jean Anouilh, Marcel Achard and Françoise Dorin.

[3] The theatre went into receivership, and after a brief period of being run by ATECA association, was bought from the receivers in September 1981 by Jacques Crepineau, who, unlike his predecessors, was not an actor, but still performed the role of artistic director.