Salford City Council has approved £1.5million of support for Lowry, should it be successful in its Creative Foundations Support bid.
The decision was made at the Full Council meeting on Wednesday 17 September where councillors chose to assign £1.5 million from allocated reserves.
The funding support will only be released if Lowry’s application for £8.5 million from the Creative Foundations Fund is successful.
The gallery has been invited to bid for £8.5m from Arts Council England’s Creative Foundations Fund, but only on the condition a partner is found for the additional £1.5m.
Salford City Mayor, Paul Dennett said: “Lowry is not just a building, it’s a cornerstone of Salford’s cultural identity. For 25 years, it has inspired creativity, brought communities together, and welcomed millions of visitors to our city.
“Much of the building infrastructure has reached the end of its lifecycle and is in need of financial investment. So, we are extremely hopeful of a successful application to the Creative Foundations Fund. Lowry has the full support of Salford City Council.”
The Lowry has been working on a project entitled ‘Safeguarding the Future of Lowry’ which aims to raise £10 million in capital.
The building requires substantial investment to continue operating according to reports with the money spent on “urgent infrastructure needs” which would safeguard the future of the arts complex.
