PICCADILLY Theatre’s future is looking bleak after Perth council’s sponsorship committee refused to grant developers funds at a meeting on Thursday night.
The iconic art deco cinema building, located in Hay Street mall, opened in 1938.
Mellen Events were seeking $1.7 million over 10 years in city sponsorship to proceed with a $3 million-plus redevelopment.
Mellen said the funding would help activate Hay Street mall at night and allow the council to use the venue for up to four events a year.
The meeting was chaired by Cr Janet Davidson, who moved for a refusal of the sponsorship deal.
Her move was supported by Cr Keith Young.
Cr James Limnios was the only committee member who supported the revival of the historic venue and said the community would benefit from its redevelopment.
“The item was well researched and analysed by administration, demonstrating strong positive social, financial and activation outcomes for the city and Hay Street mall precinct,” Cr Limnios said.
Perth CBD has been without a cinema since the iconic picture house closed its doors in 2013, after leasers defaulted on rent payments.
The item will come before full council later this month.
by CHARLIE SMITH