It's going towards revamping its buildings and facilities.
Part of the money will be used to build a balcony in the main auditorium to increase its capacity and there'll also be improvements to its bar area.
Part of the Phoenix will also be converted into a new digital cinema and screening space.
North Molton storm overflows halved
Water storage tank added at treatment works
Devon County Council elections - all the candidates, all the wards, all the key dates
All the information you need
Exmoor Coaster service coming back under different name
'Explorer' subsidised by county councils
Bodmin Moor fires are suspicious
Police asking for help over blazes on Saturday
Storm overflow prevention work set for Plymouth
But it will take five years
Help needed to find Exminster pensioner
Concerns for Charles Fulton, 74
