Update: Ace Hotel reveals plans for United Artists Theatre in Downtown LA

In a recent announcement, Councilmember Jose Huizar confirmed Ace Hotel’s purchase of the iconic United Artists Theatre. The theatre’s 13 floors will be redeveloped into 180 hotel rooms, as well as a pool, restaurant, and bar. The theatre will be reactivated and serve as the main attraction point for the hotel.

Located on Broadway & 9^th Street, the Spanish-Gothic-styled building was originally built by the U.A. to host premieres. It is rumored that much of the inspiration for the design of the building came from U.A. co-founder Mary Pickford’s love of European castles. Judging from the L.A. Historic Theatre Foundation's virtual tour, it does seem fit for a king. What do you think?

The hotel is scheduled to open summer 2013. We can’t wait!