Earlier this year, the historic Formosa Cafe in West Hollywood was resurrected from permanent closure after owners Bobby Green, Dimitri Komarov, and Dima Liberman partnered up with preservationist company The 1933 Group, which is well-known for reviving long-standing bars throughout Los Angeles. Since then, the still-vacant restaurant has stayed relatively quiet, while raising money for a major renovation.

After months of planning, the Formosa Cafe recently received a hefty grant of $150,000 from the National Trust for Historic Preservation. Per Curbed LA, the Los Angeles Conservancy took responsibility for the establishment’s revamping campaign and will receive the funds with the goal of preserving the red landmark. According to National Trust, the shuttered trolley portion of the restaurant, which was primarily used between 1902-1906, will be reformatted as a centerpiece of Formosa.

Although much of the bar, including its distinctive neon sign and rooftop deck, will remain intact, The 1933 Group plans on restoring the Formosa’s trademark Chinese lanterns, vinyl red booths, and even put up some decorative vintage pictures. The company has already redone a number of period-style bars throughout LA such as Idle Hour in Hollywood, Thirsty Cow in Silver Lake, and Highland Park Bowl in Highland Park

The Formosa Cafe competed against 24 other historic establishments vying to receive the grant in a campaign called Partners in Preservation. An online vote determined the winners.