Dallas Landmark Granada Theater to Close Permanently
The historic concert venue and its sister restaurant, Sundown at Granada, are shutting down after being sold to new owners.
Updated on Oct. 23, 2026 in Openings & Closings

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The Granada Theater and the adjacent Sundown at Granada are closing after being sold to new owners. The venues in the Lower Greenville area of Dallas will cease operations in phases over the coming months.
Why it matters
The closure highlights the challenges independent venues face due to rising operational costs and increased corporate consolidation within the entertainment industry. Owners also cited a need to improve their personal work-life balance as a primary motivation for the sale.
The Granada Theater served as a cultural hub for 80 years, hosting more than 3,000 events during its lifetime. Mike Schoder oversaw the theater for 22 years and managed the Sundown at Granada for 15 years.
The players
Mike Schoder
He is the long-time owner and operator who revitalized the Granada Theater as a premier concert venue starting in 2004.
Granada Theater
This historic Dallas performance space in Lower Greenville has hosted thousands of live music acts since its initial opening in 1946.
Sundown at Granada
Located adjacent to the theater, this restaurant and venue has served as a dining and event space in the Dallas community since 2012.
The details
The property has been acquired by new owners who plan to transform the space into a Bathhouse by late 2028. Operations at the facilities are winding down, with the restaurant closing first followed by the conclusion of events at the historic concert space.
Timeline
The Granada Theater first opened its doors in 1946.
Mike Schoder reopened the venue as a concert hall in August 2004.
Sundown at Granada originally opened to the public in 2012.
Sundown at Granada will close for regular restaurant service on Nov. 1, 2026.
The Granada Theater will stop hosting events on April 17, 2027.
Market Landscape
The closure of the Granada Theater follows a pattern set by the national trend of independent venues struggling against corporate consolidation. This shift reflects a broader environment where independent operators find it increasingly difficult to compete with major entertainment conglomerates.
Patrons should note that the Sundown at Granada restaurant will stop serving regular meals starting in November 2026. Private events will remain available at the restaurant through the end of that year before the site undergoes its transition to a new business.
The takeaway
The sale marks the end of an era for the Lower Greenville entertainment district, which has relied on these venues for decades. Residents and music fans should plan their final visits to the historic theater well ahead of the April 2027 cutoff date.
Further reading
For more news on local business changes, see our Dallas Openings & Closings section.
Source note: This article includes information reported by Dallas Observer.
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