Today, the Arena Theatre remains one of Houston's most intimate and enduring boutique concert spaces, hosting a diverse mix of pop, rock, country, comedy, Latin, and regional Mexican acts. A fun piece of trivia is that famous comedian Bob Hope was one of the original financial investors when the building first opened. Additionally, the adjacent office towers—known as Arena Place—were developed by Melvin Lane Powers, who famously built a personal penthouse on top of one tower complete with a rooftop swimming pool and a helicopter pad.