After decades of falling into disrepair, The Parkway was acquired from the city by Maryland Film Festival. In the months that followed, MdFF began implementing their proposal to make The Parkway a year-round film center by restoring the original auditorium and building two additional new screens on an adjacent property. On May 3, 2017 these plans will come to fruition, as the three-screen MdFF Stavros Niarchos Foundation Parkway hosts its very first screening, the Opening Night Gala of the 19th annual Maryland Film Festival.