In the late 1980s, a towering hotel was built above the theater, supported by two super-columns located behind the original auditorium structure. Today the theater façade is almost entirely hidden behind a wall of enormous billboards. Only the marquee is visible. The interior was renovated in early 2014 prior to the opening of "Holler If Ya Hear Me". In 2015, The Nederlander Organization and Maefield Development announced another $2 billion renovation plan which would include a new lobby and entrance on 47th Street as well as dressing rooms and other patron amenities. The theatre would be raised and the area occupied by the current lobby would be filled by retail space that would extend three additional levels below ground. The New York City Landmarks Preservation Commission approved the plan on November 24; however, many preservationists expressed concern over the idea. The City Council approved the plan on June 28, 2018.