The Clyde Theatre, a restored movie theater in Fort Wayne, Ind., is scheduled to open as a GA concert venue in May. (Courtesy Clyde Theatre)

As main streets around the nation look to boost their bottom lines with refurbished venues and attractions, Fort Wayne, Ind., has thrown its hat into the ring with a world-class general-admission theater that has drawn some high-profile bookings months before the first ticket has been scanned.

The Clyde Theatre, a 1951 movie palace that had falle...

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