The idea behind the Monarch Theatre is great and they attract a lot of top talent. There needs to be some serious changes, however, and I don't see myself going back again unless I was desperate to see a music artist.
The worst part of the venue is the sound setup. It's simply too loud and I'm surprised they haven't seen all the feedback about it. The bass was so intense (no matter what was playing) that I could barely hear the rest of the spectrum of sounds. They need to seriously tweak the EQ and drop the volume because it ruins otherwise good experiences.
The physical split in the middle of the room is annoying and there are metal poles on the dance floor that obstruct your view. You can't have something like that in a concert situation. Both of those things hurt the experience.
The second worst part about Monarch is probably the drink prices. Don't even think about ordering anything. Two tiny shots of tequila in plastic cups ran me $14.
They have to take a serious look at the venue and how they conduct business there. Getting numbers in with big names is only going to take you so far. I would never go on a regular night after that experience even though I love EDM.