Built in 1932, The Paramount Theater was Amarillo's finest movie theater. The building was designed by architect, W Scott Dunne and constructed by Charles S. Lambie. The two story, Terra cotta-clad building showed movies until March 20, 1975, and was later converted into office spaces in 1978. The lobby has been restored to include some of the original light sconces and the original water fountain. The 33.5-foot neon lighted sign was restored in 2006. The building now houses offices of the second floor, while the first floor is an upscale sushi bar, Rain and a nationally known coffee shop, Palace coffee.