Iconic Historic Event Venue in theHeart of Downtown New Albany. The Grand is a premier 12,000 SF event venue located at 138 E Market St in the vibrant and growing downtown New Albany district. Originally built in 1909 as a vaudeville theater, this beautifully restored property seamlessly blends timeless architectural details with modern amenities. Featuring soaring 32-foot ceilings, ornate chandeliers, and elegant finishes, the venue offers a versatile layout that can accommodate up to 1,200 guests. Ideal for weddings, corporate events, galas, and large-scale productions, the space is fully equipped for a wide range of event formats — including theater-style, strolling receptions, and formal seated dinners.