The Fourth Avenue Theatre famously withstood the devastating 1964 Good Friday Earthquake. Many buildings in downtown Anchorage suffered severe damage or collapsed. Though its active life as a cinema eventually ended, its distinctive architecture and historical significance made it a treasured landmark, often discussed for potential restoration and reuse. The theater has been demolished.
Source: National Park Service, National Register of Historic Places documentation for Fourth Avenue Theatre (1982); U.S. Geological Survey, historical accounts of the 1964 Alaska earthquake; Alaska Public Media, reporting on Fourth Avenue Theatre preservation efforts and demolition (2022–2023)