The first step was the taking down the sixteen sign from on top of the building.
It is scheduled to open in early 2013, as a Cinemark XD theater.
Plans are for the theater to be turned into an "extreme digital" experience, with ceiling to floor screens.
Costs for the remodel will be near one million dollars.
The theater was the location of a mass shooting, in July, that saw thirteen killed.
There has been no word on whether there will be any kind of memorial at the site.
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