Vancouver Civic Theatres Rental Rates 2023-2024
Motion 4 · Standing Committee on Policy and Strategic Priorities, November 22, 2022
Summary
- Approved a 4% rental rate increase for commercial users and a 3% increase for not-for-profit organizations, Theatre Rental Grant recipients, and VCT Grant recipients at Vancouver Civic Theatres for the September 2023 to August 2024 performing arts season.
- Rate increases reflect inflationary cost pressures and are benchmarked against comparable facilities locally, nationally, and internationally.
- Revenue from higher commercial rates at large venues (Queen Elizabeth Theatre, Orpheum) helps subsidize lower rates at smaller community venues (Annex, Vancouver Playhouse).
- Estimated additional rental revenue from the increases: approximately $184,210 for the season.