Watford Borough Council, owner of Watford Colosseum, has taken back control of the venue after its previous operator, HQ Theatres, ended its 10-year contract a few months earlier than planned.
The Council has pledged to invest around £5m to secure the future of the building as an "iconic venue for future generations".
Although currently closed due to the pandemic, the venue, which is home to the BBC Concert Orchestra, will undergo a major refurbishment. The Council is considering how else the building can be used, including offering new opportunities for local professional artists and creative community projects.
Published: 08-01-2021