Info from Wikipedia
The Phantasy Entertainment Complex, consisting of the Phantasy Nite Club, The Chamber, Symposium, and Phantasy Theater, first opened in 1918 when it was known as the Homestead Theater. The theater played movies until 1979 and at one point was referred to as the Detroit Theater. Between the years 1976-1977 it was called The Last Picture Show. In the eighties, the theater was renamed the Phantasy, with a focus on alternative, goth and industrial rock groups.
In 2010, a fire swept through the complex.
In 2015, the De Frasia family announced that the Phantasy Nite Club complex was for sale. A deal to sell the venue fell through at the last minute in 2018. As of June 2020, plans for the Phantasy to become an LGBTQ community hub and entertainment complex were nearing completion.