Louie Olivos Jr. brought talent of Mexican cinema to the Yost including Antonio Aguilar, and Vicente Fernández to name some.

The Chase Family, developers of the Fiesta Marketplace shopping district, purchased the Yost from the City of Santa Ana in 1986.

In 2007, the Los Angeles Times reported that the Yost Theater would be reopened for the benefit of the community at large.

Following the reopening, the Centro Cultural de México began programming concerts and related events, including an appearance of Dolores Huerta, Director of United Farm Workers, and a lecture on Frida Kahlo by Mexican art connoisseur Gregorio Luke.

On August 23, 2010, the City of Santa Ana Planning Commission voted unanimously to approve Conditional Use Permits No.