713 Congress Avenue. Austin, Texas.
Built in 1915.
Since its creation as the Gaiety Theater, the Paramount has hosted vaudeville, musicals, live stage productions, Hollywood-sized premiers, and, of course, movies.
In the early-70's, downtown Austin was facing a slew of murder and crime that essentially closed down the streets after 5:30PM. Repairs at the Paramount stopped, and it was slated to shut down and become a Holiday Inn. Luckily the tides turned and the Paramount is thriving, screening over 100 films and hosting over 250 performances each year.