Luckily, though the interior was destroyed, a lot of the exteriors could be salvaged. Railings, banisters, turrets, columns and flooring from the balconies were all put in storage. Key Westers were promised that, when rebuilt, the building would look as it always had.

The million-dollar reconstruction of the historic building began in 1988 when the City granted permission to build a modern structure on the site. To recreate the spirit of the old building and to add historical flavor, the architect imported the long-stored pieces salvaged after the fire.

The new building's facade is a historical restoration of the original. If you visit the building and look around, it's easy to differentiate the old from the new. The old decking of the porches requires a close look. Those indents in the wooden floors, the size of BBs, what are they? Could they be indentations made by high heels worn by dancers at those parties of old?