Palace Theater—Waterbury Connecticut Built in 1922 by Silvester E.Poli and designed by Thomas Lamb of New York one of America's foremost Theater architects the Palace Theater carries the flare of the Second Renaissance Revival and produced high-classed vaudeville shows, touring plays and movies. During the 70's the 2700 seat theater was a major touring venue for bands such as The Grateful Dead, Pink Floyd, Bob Dylan, Tony Bennett, Bruce Springsteen, Queen, just to name a few. In June 1983 The Palace Theater was entered into the National Register of Historic Places. For over a decade the Theater has been dormant. Although structurally sound the interior of the Palace which has been described as "embellished almost beyond description" was in a state of almost disrepair. The Naugatuck Valley Development Corporation has taken on the task to completely restore the Palace Theater back to its authenticity and add a completely new Theater/Arts Magnet School in the same complex.