High Quality Content by WIKIPEDIA articles! The Venetian Theatre is a movie theater, performing arts venue, and restaurant in downtown Hillsboro, Oregon, United States. Formerly the Town Theater, the building re-opened in 2008 after more than a decade of inactivity and revitalization plans. Built in 1888 as a bank, later mayor Orange Phelps converted the property into a theater in 1911 and in 1925 converted it into a two-story Italianate building with a larger auditorium. Prior to renovation the theater was owned by the city of Hillsboro who purchased it from Act III Theaters.