It has been announced that ‘The Venue’ erected as a concert and event facility for the UK City of Culture celebrations, is to be dismantled.
The announcement was made this morning, Thursday, by the Department of Social Development announcement.
The Venue is to be taken down in January after it was announced that there had been “a lack of private sector interest in its retention”.
Among the first to express dismay at the decision was Foyle MP Mark Durkan, who said: “I regret that private sector interest in using or taking on The Venue has not been forthcoming. The Venue has been a huge asset to Derry during the City of Culture year.
“People have seen the real difference it has made and the range of events it has been able to accommodate and attract. It would seem, at this particularly difficult economic time, that the numbers and prospective revenue for such private sector players have not stacked up.
“However, I am one of those who firmly believes that Derry needs a venue of such scale and capacity as a permanent fixture in the city.”