Vancouver civic theatre rental rates set to increase
Vancouver city council is preparing to raise civic theatre rental rates this fall, but theatre rental grant allocations will not be raised accordingly.
A city staff report is recommending a two percent increase in rental rates for all civic venues apart from the Orpheum Annex.
The changes would see the Orpheum and the Queen Elizabeth Theatre’s flat rate rise to 12,240 per evening from $12,000; and the Playhouse’s flat evening rate would rise to $3,230 from $3,170. The report notes that the proposed flat rates for the QET and Playhouse—which work out to $4.40 per seat and $4.55 per seat respectively—are within range of the average comparable rental rate of $4.56 per seat. Commercial rates for the venues range from $2.90 to $5.61 at the QET and $3.00 to $5.80 at the Orpheum.
Because the Orpheum Annex is in its first year of operations, staff recommend maintaining its existing flat rate of $5.18 per seat—a rate that includes the costs of one technician and two front of house staff.
The report states that the new rates would result in an increase in gross revenues of about $31,000 based on current bookings from September 1 to December 31.
Still, the increase is not out of line with inflation—according to the report, CPI (consumer price index) inflation is currently at 1.9 percent. And the rate of increase is half what it was last year, when rates went up by four percent.