Farish Street’s Palace Auditorium was constructed c. 1911. In 2014, the Business Journal reported
The circa 1911 Palace Auditorium, 318 North Farish Street, is the lone building on the 300 block deemed to “contribute” to the cultural and historic value of the Farish Street Historic District. (Close to collapse: Engineers warn of dangerous structural deficiencies of Farish Buildings, November 7, 2014)
The second floor has fallen, resulting in the loss of bracing for the exterior walls, according to engineer Alfred Luckett. Tony Dennis of Dennis Brothers Shoe Repair on the opposite side of the street from the Palace said the former nightclub was “one of the hottest spots on the block”–he ought to know as his family opened the shoe repair shop in 1938.
According to journalist Jesse Yancy, since 1981, the Farish Street Financial Timeline reached $21,082,000 by 2011. That figure includes the actual restorations of the Alamo Theatre, Scott Ford house, “rehab” of 37 historic houses, Farish Street revitalization, infrastructure, Farish St/Scott-Ford Museum, and the Medgar Evers House Museum. There is no mention of specifically what was achieved in the ‘revitalization’ expenditures of $12 million.