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The dust that lay mostly undisturbed for years in this old Federal Boulevard movie house has begun to fly. The Industrial Arts Theatre Company, homeless after the demise of its latest roost at the Denver Civic, is tearing down walls and reconfiguring seats in the eighty-something building in an effort to bring the place back to vivid life. Plans for a gallery show and theater opening are already in the works for this spring; if all goes well, IAT will host everything from dance performances and concerts to improv comedy nights in the near future. It looks like the nomadic IAT has finally found a permanent home.