Sale of Metro Arts dismays artists but offers hope for the future

Proceeds from the sale of the Brisbane organisation’s heritage-listed home will be invested in a fund designed to seed arts projects and initiatives for decades to come.
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Brisbane’s Metro Arts, photo by Siggi Slater

In the lead-up to its 40th anniversary in 2020, the Board of Brisbane’s Metro Arts has made the decision to sell their State Heritage-listed building at 109 Edward Street.

Proceeds of the sale will be used to establish a Public Ancillary Fund, with interest and dividend payments from ethical investments invested in future arts projects and initiatives in the years to come.

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Richard Watts is ArtsHub's National Performing Arts Editor; he also presents the weekly program SmartArts on Three Triple R FM, and serves as the Chair of La Mama Theatre's volunteer Committee of Management. Richard is a life member of the Melbourne Queer Film Festival, and was awarded the status of Melbourne Fringe Living Legend in 2017. In 2020 he was awarded the Sidney Myer Performing Arts Awards' Facilitator's Prize. Most recently, Richard was presented with a Lifetime Achievement Award by the Green Room Awards Association in June 2021. Follow him on Twitter: @richardthewatts