In June1944, "O.L. Allen of Houston was awarded the bid for the new theater, will cost about $35,000 and seat 500" which was designed by Alden Dow, according to The Lake Jackson Chronicles:  A History of Lake Jackson, Texas.  Then, on February 1, 1945, the Lake Theater opened by J.R. Hollomon and B.C. Gibson with the first showing of Tahiti Nights.  Curtis Alford and wife Sabra operated the theater.   

"The theater originally ran second run films.  These were films first run by larger movie theaters, according to John Huebel owner from 1952-1997.  According to Huebel, first run films went to the theater that simply paid the most to rent it.  The Lake Theater was a source of family entertainment.  On Saturday, a string of cartoons, Huebel called a cartoon carnival, along with an adventure story was run as a double bill.  Kids would stay as long as they had a penny in their pockets."  A twist of fate occured when Huebel had the opportunity to run Giant on a first run.  After that, the theater ran first-run films.

In the early 70's, the theater was remodeled with a plantation facade (according to the Lake Jackson Historical Museum), and Lake II was added to the complex.  In 1997, however, the theater closed.  It was then purchased by a local entertainer, Bobby Reed and his wife Carolyn in order to be a live performance theater.