Inaugurated in 1896, the major part of the material utilized on its construction was imported from Europe. Pieces of cast iron and the glass roof from the cupola were imported from France, and the mirrors from Italy.
The Italian Domenico de Angelis painted the beautiful panels that decorate the ceilings of the auditorium and of the audience chamber. The capacity of the theater is 700 people, 450 in staterooms and 250 on the audience.