ACT's New Lyric Theatre: Boosting Economy & Culture
Update: 2025-12-12
Description
The Australian Capital Territory is set to unveil a new 2,000-seat lyric theatre, projected to inject nearly $34 million annually into the local economy. This ambitious project, expected to open in 2028, will significantly enhance Canberras cultural scene and attract major national and international performances. The $317 million construction contract has been awarded to Multiplex, with work commencing in early 2026. The theatre is anticipated to create hundreds of jobs and contribute $33.7 million annually in direct spending by its fifth year, supporting the night-time economy and boosting tourism.
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