The Light House cinema in Dublin's Smithfield was re-launched today, Tuesday January 17, and will reopen to the public on Friday January 20.
The cinema will be run by Element Pictures and will "screen the best of international arthouse and Irish cinema, as well as re-runs of classics and special events".
This weekend's programme includes The Artist, Shame and J. Edgar.
The Minister for Arts, Heritage and the Gaeltacht, Jimmy Deenihan, said: "The Programme for Government committed us to seek to capture some public good from NAMA buildings for arts and culture facilities. The reopening of the Light House is a tangible expression of that commitment.
"I believe that this outcome is hugely positive for the arthouse cinema sector, for the Smithfield area and for employment and economic regeneration locally."
Directors of Element Pictures Andrew Lowe and Ed Guiney said: "We are opening the cinema at the earliest possible opportunity and have lots of ideas, which we will implement over the coming months.
"We really appreciate the warm support and goodwill we have received following the news and look forward to ensuring that a visit to the Light House is a unique and wonderful experience.
"We would also like to extend our thanks to the Minister, Jimmy Deenihan, the Arts Council and Bord Scannán na hÉireann/Irish Film Board for their support in getting the Light House up and running again."