Colony Theater The beautiful Art Deco-Style Colony Theatre, located at 1040 Lincoln Rd. is in the heart of South Beach. The Theatre opened January 25, 1935 as part of Paramount Pictures' movie theater chain. One of South Florida's most popular entertainment venues, the Colony hosts a wide variety of programs, including music, dance, theater, opera, comedy, performance art and film. Proudly managed by Global Spectrum, the Colony Theatre has recently emerged from a dramatic three-year, $6.5 million renovation/restoration to reclaim its place as the region's premiere mid-sized performance space. The entrance, facade and lobby have been returned to their original Art Deco grandeur, and the interior features a larger stage, additional lighting, and state-of-the-art theatrical rigging and sound systems. The completely refurbished auditorium has a seating capacity of 430, which includes disabled-accessible seating. Every seat in the house has a perfect visual angle to the complete stage.