Managua of a new cathedral located in another part of Managua. Restoration of the old cathedral has appeared to be possible. The Rubén Darío National Theatre is Nicaragua's most important theater, and is one of the most modern theaters in Central America. Both national and international artists present shows, concerts, exhibitions, and cultural performances such as El Güegüense among many others. The National Theatre is one of the few buildings that survived the 1972 earthquake that destroyed 90% of Managua. The National Palace is one of Managua's oldest buildings, undamaged by the 1972 earthquake. It was commissioned by President Juan Bautista
Managua and reconstruction programs were expanded. New governmental buildings, galleries, museums, apartment buildings, squares, promenades, monuments, boat tours on Lake Managua, restaurants, nighttime entertainment, and broad avenues have resurrected part of downtown Managua's former vitality. Commercial activity, however, remains low. Residential and commercial buildings have been constructed on the outskirts of the city, in the same locales that were once used as refuge camps for those who were homeless after the earthquake. These booming locales have been of concern to the government because of their close proximity to Lake Managua. The construction of a new sewer system and the redirecting of