The Tricycle Theatre has been successful in the first stage of application for the Arts Council's capital funding programme.
Over £3 million has been pledged to the Kilburn venue, on approval of stage two of the application, enabling plans for "building improvements, a smaller carbon footprint and renewed engagement with the communities served by the venue".
Artistic director Indhu Rubasingham, who took the reins last year after Nicolas Kent left in protest at the Tricycle's funding cuts, said: "I'm delighted that our application for a capital bid to the Arts Council was successful. This is the next stage in what has already proved to be a thrilling first year in my role as artistic director."
A total of 20 organisations have been successful in the first stage of the second round of its large capital programme for grants over £500,000. Other venues in line to receive grants include the National Theatre, Roundhouse and Chichester Festival Theatre.
The majority of the projects focus on the refurbishment or extension of existing arts buildings. This ranges from the replacement of critical equipment to large scale renovations and improvements.
Rubasingham adds: "Our plan opens the way to attract and engage a larger and more diverse public in outstanding artistic and education experiences. We will reduce our carbon footprint. We will refocus the theatre as a local facility at the heart of global exchange and debate – something at the heart of my mission, theatre programming and vision for the Tricycle's future."
Final funding will be received on successful receipt of developed proposals to the Arts Council within the next 18 months.
The Tricycle also announced today a new 'triumvirate' leadership structure, with the appointment of Kate Devey as executive director and Bridget Kalloushi as director of finance and operations. According to a statement from the venue, "Both have a wealth of experience and the triumvirate will represent a new leadership style, which will be collaborative, challenging and empowering."