It's survived a lot of near misses with rumored demolition over the years, but the Galaxy Palace Theater's luck has finally ran out. The Theater used for Magical Music Days and Mickey's 'Twas the Night Before Christmas has now been permanetly closed and is in the progress of demolition. It isn't confirmed what future the cleared land has, but in the short term, it is speculated to become backstage parking.
The photos below show the current state of the theater. The roof material canopy has been removed, along with the seating and much of the stage. From the TTA the viewing portals have also been blocked off closing off that small glimpse to backstage.