L.A.’s Ace Hotel Closing Jan. 31; Historic Theater In Building Will Remain Open

The Ace Hotel, which operated in a historic 13-story Spanish gothic-style building in downtown Los Angeles, recently announced that it will close its doors at the end of the month.

The boutique hotel announced on Instagram last month that it will “cease operations” after 10 years of business as one of the trendiest spots in L.A. An Ace Hotel representative told the Los Angeles Times that the owners of the building will “convert the property to a limited-service, rooms-only operation managed via a tech platform.” The rep also said that the beloved 1,600-capacity Theatre At Ace Hotel located in the building, “long a beacon for performance and cultural happenings, will be managed separately” and remain open.

“There’s no place like this,” the Ace Hotel wrote on its social media page. “We could fill a library with our love for Los Angeles and, in particular, 929 S. Broadway — our magical home, which was really yours. The Spanish Gothic-style rooftop crown, a beacon — summoning mavericks, mystics, sun-seekers and four-on-the-floor dancers. Since 2014, you’ve answered the call with fervor and feeling and so much love.

“It’s been an honor to inhabit these hallowed halls and The Theatre for ten golden years, which feels as good a run as any. We hope to be back before long and leave remembering something Mary Pickford, metaphorical matriarch of Ace DTLA, said: The future is yet in your power. Thank you Los Angeles, and goodnight.”

Ace Hotel opened in 2014 with 182 rooms, a rooftop bar and The Theater, a venue that has been a cultural hub for L.A. hosting numerous entertainment events, including movie premieres and performances from artists such as Coldplay, Larry David, Van Morrison, Pixies and Katy Perry. The building, however, has been around for nearly a century and is a historic landmark in the City of Angels. The Theater was built as a flagship venue for United Artists, a movie studio founded by Mary Pickford, Douglas Fairbanks, D.W. Griffith and Charlie Chaplin, and the building, which was the tallest skyrise in the area when it was built, served as the office for the California Petroleum Corporation. Televangelist Gene Scott leased the property in 1989 and later purchased it, using the theater for church services, before the iconic building was renovated by Ace Hotel in 2012.

The Theatre At Ace Hotel is a popular destination for stars, especially musicians and comedians. The Pollstar Boxoffice has 153 box office reports from performances at the storied venue dating back to Feb. 14, 2014, totaling $11,647,059 in grosses and selling 215,767 tickets.