207 West Colorado Avenue,
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The Nugget Theatre opened in 1935 when the 1895 L.L. Nunn building was renovated. It has operated as a movie theatre ever since. Modern 35mm equipment was installed by the Telluride Film Festival which has used it as one of their now eight venues for their annual Labor Day Weekend event. It presently shows commercial and independent films nightly.
In 2000, the Nugget building was purchased by Bill and Katrine Formby, of Austin, TX, with plans to renovate the entire building and providing space for two screens. This renovation is on-going, with stone-work stabilization and the facade completed in 2004. Total interior renovation and the return of a tower to the SE corner of the building are expected to start in the next two years.
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