▁T win ▁C ities ' ▁most ▁beautiful ▁and ▁modern ▁neighborhood ▁theatre " ▁and ▁the ▁" in com par able ▁show place ▁of ▁the ▁North west ", ▁it ▁was ▁not ▁finan cially ▁successful . ▁ ▁It ▁went ▁through ▁a ▁series ▁of ▁ownership ▁changes ▁until ▁it ▁closed ▁in ▁ 1 9 8 7 . ▁ ▁The ▁the ater ▁was ▁designated ▁as ▁a ▁local ▁land mark ▁by ▁the ▁Min ne apolis ▁Heritage ▁Pres ervation ▁Commission ▁in ▁ 1 9 9 0 . ▁ ▁It ▁was ▁unable ▁to ▁comp ete ▁with ▁video ▁stores ▁and ▁multiple xes . ▁ ▁Despite ▁the ▁historic ▁design ation , ▁a ▁number ▁of ▁development ▁propos als ▁for ▁the ▁property ▁have ▁f izz led ▁since ▁its ▁closing . ▁ ▁A ▁ 1 9 8 9 ▁proposal ▁hint ed ▁at ▁converting ▁the ▁the ater ▁into ▁four teen ▁apart ments , ▁and ▁another ▁proposal ▁in ▁ 1 9 8 9 ▁included ▁converting ▁the ▁building ▁to ▁a ▁photograph ▁and ▁film ▁production ▁studio . ▁The ▁Min ne apolis ▁Community ▁Development ▁Agency ▁bought ▁the ▁the ater ▁in ▁ 1 9 9 3 . ▁In ▁ 1 9 9 8 , ▁they ▁considered ▁propos als ▁for ▁reuse , ▁such ▁as ▁a ▁full ▁rest oration , ▁a ▁partial ▁re h abil itation ▁such ▁as ▁the ▁lo bb y ▁area , ▁or ▁completely ▁demol ishing ▁the ▁the ater . ▁At ▁the ▁time , ▁concerns ▁included ▁d eter ior ation ▁of ▁the ▁brick ▁walls ▁and ▁water ▁in ▁the ▁bas ement . ▁In ▁ 2 0 0 9 , ▁the ▁city ▁bought ▁an ▁adjacent