The Palace Theatre To Close In May Much loved Melbourne venue The Palace appears to have succumbed to developers after a hard battle, with the General Manager Greg Young confirming that the venue will no longer be after this May, “Numerous requests to the landlord to extend our lease have been rejected,” reads the statement. “The landlord has made this decision while still awaiting approval of planning and building permits which to date, have been rejected by both the State Government and Melbourne City Council. “Palace Theatre management had requested assistance from both state and local government to seek alternative locations to ensure the ongoing success of the Victoria’s thriving live music industry and to continue to provide live music. Regretfully, to date, this avenue of relocating the operations of the Palace Theatre has been unsuccessful.” When news first broke of the venue’s sale to China-based Jinshan Investments, many passionate music lovers in the Melbourne scene rose against the plans to turn the iconic venue into highrise hotel and apartments. The venue began its trade in 1860 and has been the home of a few venues including Apollo Theatre, St James Theatre and Metro Theatre. It has been host to some incredible international and national acts and will be sorely missed within the Melbourne scene. There are still shows in the lead up to the close with shows scheduled for Karnivool, Dizzee Rascal and RUFUS throughout the month of May. Leave a Reply Cancel Reply Your email address will not be published.CommentName* Email* Website Notify me of follow-up comments by email. Notify me of new posts by email.