Creative New Zealand is taking the unusual step of investing in a theatre.
It's announced it will stump up $3 million over two years for Auckland's Waterfront Theatre Project.
Arts Council Chairman Alastair Carruthers says while it is unusual for Creative New Zealand to invest in a capital project, it's an exceptional opportunity to help fill a large gap in Aucklandâ s arts infrastructure.
He says many theatre companies in Auckland are hampered by a lack of mid-sized venues.
The Waterfront Theatre Project includes a 600 seat theatre, designed specifically for drama and dance.
Creative New Zealand's investment is possible thanks to one-off New Zealand Lottery Grants Board income.
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