It hosts a number of western chains (including
Caribou Coffee,
Costa Coffee and
Starbucks), as well as local shops and restaurants. The appropriately named Cafe Hamra is a restaurant celebrating the historic street with an old street graffiti decor and international and Lebanese food as well as hookah smoking. Its main landmark is the Crowne Plaza. Before the
Lebanese civil war, Hamra Street was known as Beirut's "Champs Elysées" as it was frequented by tourists all year round.
Beirut's Piccadilly Theatre was one of the major theaters in the
Middle East. Hamra no longer functions as the cosmopolitan bastion of sectarian Lebanon. The Lebanese civil war and the ensuing government regulation that enforced rent control on all of the buildings removed the neighborhood's elite, pre-war cachet. However, the neighborhood remains profitable because of: • the historical significance of the neighborhood; • the attraction of "authentic" Beirut; • the historic Hamra
red light / supernightclub district, and the present acceptability of opening pubs, bars, and public cafes that serve alcohol in the district; • the locations of the Lebanese Central Bank (Banque Du Liban), private banks, major newspapers (As-Safir, the wartime and pre-war headquarters of An-Nahar, and the near neighbors Al-Akhbar and Al-Mustaqbal), and Lebanese government ministries (including the Ministries of Interior, Information, Tourism, and Economy and Trade), which have existed in Hamra since before the civil war; • the proximity and economic focal points of four of Lebanon's most significant universities: the American University of Beirut, the Lebanese American University, and Haigazian University. • the commercial scene in Hamra St. Although it has yet to revive fully its pre-war legacy, Hamra Street has undergone many renovations. While it is no longer the nightlife and commercial center of Beirut, it has become one of many pocket areas and streets scattered throughout the city. ==Hamra Street Festival==