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PRESS RELEASE: BOOKINGS OPEN FOR THEATRES TRUST CONFERENCE 15: VALUING THEATRES

14/04/2015 08:04 HRS

Bookings open today for The Theatres Trust’s annual Conference, taking place this year on Tuesday 23 June 2015 at Milton Court Theatre in London, part of the Guildhall School of Music & Drama.

What value do theatres bring to regeneration, commercial development and mixed use schemes?

Conference 15: Valuing Theatres considers ways in which we can work with the property sector to achieve shared cultural, social and economic returns and create new partnerships with developers to build and protect the theatres of the future.

How do we engage with developers who are playing an increasingly important role as theatre builders and capital investors?

Valuing Theatres is chaired by Jim Beirne MBE, Chief Executive of Live Theatre who is leading Live Works, a new £10 million capital scheme in Newcastle to purchase and develop Quayside frontage and land and buildings adjacent to the theatre.

A full day of presentations and debate will feature leading-edge projects including the proposed Factory Manchester; Sadler’s Wells new dance theatre in Olympicopolis – the culture and education quarter at Queen Elizabeth Olympic Park; Harvey Goldsmith on his new Wembley Theatre; the Nine Elms Vauxhall Partnership and Battersea Power Station; Bradford Live; and the redevelopment of Riverside Studios in London. Contributors also include representatives from Shaftesbury PLC, Land Securities and Cathedral Group PLC. From the artist’s perspective, Theatre Peckham and Theatre Delicatessen will talk about how they have secured theatre and performance facilities through planning obligations and working with developers. Contributors will also cover valuation methodologies, including the Treasury’s guidance on economic appraisals and valuing well-being in the Green Book and market valuations such as the recently completed valuation of York Theatre Royal for its transfer from York City Council to York Conservation Trust.

Jim Beirne MBE, Conference Chair says, “Theatres are usually placed at the heart of a town or a city, and often take a lead role in the regeneration of the physical and social assets of a place. As a result they bring a cultural, financial and social return to their many partners. I am delighted to be chairing this conference, which examines the different approaches theatres can take to developing their assets, and working with commercial and social investors to increase their financial sustainability.”

The Theatres Trust Conference is now in its ninth year and continues to provide an important platform for debate amongst thought-leaders and key decision makers in the theatre sector.

Delegate bookings are now open.
There are generous Earlybird discounts, and further discounts for companies who are Corporate Supporters of The Theatres Trust. Earlybird discounts close on the 22 May 2015. For full details go to Conference 15: Valuing Theatres.

Sponsors
This year the Conference is sponsored by leading architects and designers, theatre suppliers and manufacturers to the theatre sector including: ETC, Aedas Arts Team, Stage Electrics, Unusual, Artifax Software, BuroHappold Engineering, Charcoalblue, EM Acoustics, Nimax Theatres, Northern Light, ShowTex, State Automation, GDS, Harlequin, Page\Park Architects, Purcell, SSE Audio Group, Theatre Projects Consultants, Wigwam Acoustics, ABTT, Hawthorns, Lighting&Sound International, The Stage and UK Theatre.

ETC is returning as the Grand Circle Sponsor. Mark White, General Manager, ETC Ltd says, “ETC is very pleased to again be a Grand Circle Sponsor for Valuing Theatres. The value of theatres is multi-faceted and has many strands beyond the simple monetary value of bricks and mortar. We welcome the line-up of speakers and contributors in a world-class teaching institution at Milton Court. The Theatres Trust conferences are interesting, informative, and well worth attending. They provide great opportunities for knowledge, and networking for those who develop and maintain places of entertainment.”

Supporting the Conference for the first time this year is Aedas Arts Team as Balcony Sponsor. Aedas Arts Team is responsible for the ground-breaking architecture of Milton Court Theatre, where the Conference is being held.

Barry Pritchard, Executive Director, Aedas Arts Team says “Aedas Arts Team believes that arts and cultural activities and theatre buildings bring social, cultural and economic values to the community, as well as developers. This is superbly demonstrated by our successful Milton Court project; working with Heron International and the City of London we created world class facilities for the GSMD. A cornerstone of our design approach is that everyone should have the opportunity to enjoy and participate in the arts. Aedas Arts Team applauds The Theatres Trust for addressing the issue of the value of theatres in their upcoming Conference, and we are delighted to be a major sponsor.”

Valuing Theatres
The Theatres Trust’s Director, Mhora Samuel says, “We want to look at the way we currently value theatres and how we can work more effectively with developers to ensure that the ‘total value’ of a theatre is fully understood by commercial and public sectors interested in investing and achieving a return on their investment. In the current climate theatres are successfully making their case for their wide reaching cultural value and contribution to place-making. At the same time public authorities driving growth are obliged to ‘have regard to economic, social and environmental well-being’, and developers looking to secure the viability of their schemes are increasingly combining leisure and cultural venues with office, retail, hotel and residential developments. I hope that at Conference 15 we can take the first steps towards understanding how we can all get the best value from our theatres.”

The full Conference 15 programme can be viewed at www.theatrestrust.org.uk/events/conference-15/programme #valuingtheatres #conf15vt

Book now to benefit from the Earlybird Delegate Rate. Go to Conference 15: Valuing Theatres to book online.

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