In 2012, the Eldorado cinema closed after 100 years of operation. Today, there is a bookstore in the venerable building, but according to the owners, this can not continue in today's form.
 
"Today bookshops are operated as an open arena for the city's population, and contribute positively to cultural dissemination and open discussion. Today's concept is not economically sustainable, and it is therefore necessary to further develop the property to give it a realistic economic basis,” writes Arcasa Architects to the Planning and Building Agency (PBE).
 
The property Torggata 9B is located inside the block bounded by Torggata, Kirkeristen, Storgata and Pløens gate. According to the architectural firm, the property is well retracted from conservative peripheral buildings, and the project will not affect street images in the aforementioned streets.
 
”Prepared sketch proposals enable a rebuilding and development of the Eldorado property. The interior of the quarter is expected to open to the public, and it is thought to create a network of public spaces connected with passenger. This will increase public accessibility to the building mass,” writes Arcasa to PBE.
 
The architectural company also shows that there has been dialogue with Thon Eiendom, "which is positive to carry on overall thinking in the eventual development of own property".
 
In the illustration book attached to the order of the start-up meeting, a table of proposed area allocation for Torggata 3-9 is shown. This shows a building on seven floors plus the lower floor. The total area is 21,040 square meters, of which Thon's share is 13,640 square meters.