Stockton’s Globe Theatre is to receive a grant of nearly £4 million from the Heritage Lottery Fund to help re-open the venue.
The grade-II listed art deco theatre in Stockton-on-Tees will be redeveloped using £3,992,000 to create a 2,500-capacity live music and comedy venue.
It opened in 1935 and played host to bands such as the Beatles, the Rolling Stones and Buddy Holly from the 1950s to 1970s before closing in 1997.
The Globe Stockton Foundation will oversee the restoration project, working in partnership with Stockton Council and the building’s owner, developer Jomast Leisure and Property.
It is estimated that the works will cost around £8 million in total. Jomast has agreed to pay £2 million and Stockton Council will provide £1.15 million.
Bob Cook, leader of Stockton Council, said: “We have formed a close working partnership with Jomast to help them bring this wonderful grade-II listed venue back into use as we believe it can become a huge asset for Stockton High Street.”
He added: “It [the HLF funding] is very exciting news as it means the stunning, art deco elements of the building are one step closer to being restored to create a spectacular music venue that would again attract the kind of big names that will bring thousands of visitors into a bustling and lively Stockton town centre.”