The Tote. Source: The Last Chance Rock and Roll Bar / Instagram
After a legendary gig comes the encore.
So too in the campaign to save Melbourne’s The Tote hotel, as its current owners declare the $3 million raised by a history-making crowdfunding campaign may not be enough to protect the live music venue from redevelopment.
The Tote’s co-owners Jon Perring and Sam Crupi said on Saturday that an attempt to take over the venue remains under discussion, just hours after the completion of a crowdfunding campaign pledging to preserve one of the nation’s most notable live music venues.
The Tote, a decades-old home to local and touring acts, went up for sale in March, with owners Perring and Crupi saying the financial and personal toll of COVID-19 restrictions left them with “no petrol left in the tank.
ABOUT THE AUTHOR
Handpicked for you
#SaveAussieProsecco gains steam as winemakers fight EU’s attempt to restrict the grape’s variety
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.