In 1982 the Kyabram Youth Club set about bringing the theatre back from its dilapidated state. The owners of the theatre were approached
and told of the Youth Club's dream. Because of the poor state of repair it was decided that the Youth Club would get the theatre back
into operation, at no cost to the owner, in return for a free six-month lease from the date of the first movie showing.
Initially, the Youth Club inherited an empty building. They managed to source projection equipment from the old Eildon Theatre,
which had closed in 1978. They sourced raked seating from the former Metro Theatre of Collins St, Melbourne.
All the wiring, plumbing, building of the fire escape, setting up of projection equipment and sound system, laying of carpet and setting
up of seats, kiosk, etc. was done voluntarily by local tradespeople and the committee. Another generous committee member, Mr Reg Fletcher,
donated $1000 towards painting the theatre.
After 7 months of constant work the old building was ready for a trial run before opening for the public in October 1983 with the
screening of "Superman: The Movie." While the audience was small, about 60 people directly involved with the restoration of the building,
it was the first movie shown for 17 years in Kyabram. The building is now named the Plaza Theatre.
In 1988, the Theatre Committe asked the Shire of Campaspe to buy the theatre, which they did, making the Committee a Committee of Management
under the Council. The Victorian Ministry for the Arts was petitioned to have the theatre upgraded, since the Goulburn Valley lacked a
top-class performing arts venue.
In the following seven years the theatre underwent a complete transformation. A full-sized stage house and fly tower were built with the
addition of two well-appointed dressing rooms. The stage was constructed to be able to take the weight of a car while being a sprung stage
suitable for ballet.
An orchestra pit was constructed and the raked seating was removed to be re-upholstered. At the same time the entire theatre
interior was repainted and new carpet was laid. In 1994 a state-of-the-art lighting and sound-reinforcement system was installed,
making the Plaza Theatre one of the most technically well-equipped theatres in Australia.
The Plaza Theatre had indeed been reborn from the ruins.