Councillors have approved additional funding to complete the restoration of Stockton’s famous Globe theatre.
£6.5 million has been approved for use on the Grade 2 music and comedy venue to bring the Art Deco building back to life. Once restored, the 3,000 capacity live entertainment venue will be the biggest between Newcastle and Leeds.
Work on the building had temporarily halted in early 2019 as the severity of its damaged structure became more apparent. In the months that followed 100 specialist sub-contractors and independent cost analysts determined that additional funds would be necessary to resume work.
Following months of debate between councilors, local government and Stockton residents, the money was approved for use. ATG, a global leader in live entertainment, has signed up to operate the Globe for 25 years and once open it is expected to bring up to 200,000 visitors and £18 million a year into the local economy.
Those discussions resulted in major changes to how the agreed designs can be delivered in light of the urgent structural stabilisation work completed earlier this year. These include changes to the foundations, steel work and roof structures along with access and logistics complexities and the protection of the building’s historic features.
Project Director, Paul Dobson, said “Restoration projects are notoriously complex and we’ve had a number of setbacks but we’ve remained focused on the end goal, which is to deliver a project that will bring hundreds of millions of pounds into the Borough’s economy in the coming years.”
ATG’s Group Operations Director, Stuart Beeby, added “No theatre has been restored in this way, from a historic venue into a home for live music and entertainment for a modern audience.”
“This is ground-breaking and what makes it a challenging and exciting project. We’re very excited to be bringing household names, the top talent of music and comedy to Stockton – renowned acts the people will recognise.”
The additional funding brings the Council’s contribution to the cost of £22.25 million, with the remaining £4.5 million coming from a National Lottery grant secured through the National Lottery Heritage Fund’s Heritage Enterprise scheme.
Cafes and restaurants near the venue are expected to open in the next year to provide concert goers with a dining and social experience.
The Globe is expected to open in late 2020.