The Grand is one of the few remaining theatres of its era in Texas and is listed in the National Register of Historic Places. As further recognition of its importance to the citizens of Texas, in 1993 the 73rd Texas Legislature proclaimed The Grand "The Official Opera House of Texas."
When $8 million was raised for the Grand's restoration between 1974 and 1990, it was a remarkable community effort which included the volunteer efforts of literally thousands of residents from Galveston county, the greater Houston area and the state of Texas.