Melbourne Lord Mayor Nicholas Reece plans to sell the Regent Theatre to fund a revamped White Night festival and support local creative hubs.

Re-elected Melbourne Lord Mayor Nicholas Reece plans to sell the heritage-listed Regent Theatre, valued at $40-$50 million, to fund a revamped White Night festival and bolster local creative hubs. The City of Melbourne holds a 51% stake in the theatre. Proceeds will support grants for artists and not-for-profits, a new winter festival, and community markets, with a condition ensuring 1,000 tickets annually are set aside for public school students.

September 07, 2024
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