Great news! The funding shortfall on the Goods Shed Arts project has been bridged.
It means that refurbishment and conversion work will start early in the New Year.
All being well, Tetbury's brand new community Arts Centre will be open for business in summer 2016.
Tetbury Town Councillors voted unanimously on 16 November to bring the project's funding up to the £530,000 needed in order to appoint a contractor.
"It's fantastic news," said Will Cook, chairman of Tetbury Rail Lands Regeneration Trust, after the meeting. "Thanks to the council's decision, the next phase of the project can now begin."
The total includes £136,000 in grants secured by Tetbury Rail Lands Regeneration Trust group since 2013; £111,000 in Section 106 monies1; and £250,000 contributed by the town council, which owns the building.
The Trust will continue to raise funds through events and grant applications so that the new centre will have the best possible facilities and equipment.
When the building and fit-out is done, the rejuvenated GWR goods shed will offer local people, community groups and visiting artists a multi-purpose space for music, drama, events, functions and exhibitions.
The plans incorporate a state-of-the-art digital cinema system with full surround sound, able to present live streaming of plays, ballet and opera as well as near-to-release-date movies.
Raked seating is part of the plan - the 185 seats retracting fully against the end wall when not in use.
Expect to see construction work starting in January or February!
1 Section 106 payments are made by developers towards the costs of providing community and social infrastructure