One of the lead pieces today in the Trib was regarding the first steps of returning the historic New Granada Theater back to its old Glory. As the piece states no one is really sure what the final project will come out looking like (and given it's 10 year time frame, what does it really matter at this point?), but it is very nice to know they aren't knocking the place down.
Here's a picture along Centre in the Hill district from 1954. Notice the New Granada Theater toting that they have air conditioning. Needless to say this corner was in a lot better shape back then than it is now.