Exchange have exciting plans for how we use new investment to make the physical venue even better.
They can give the venue a broader appeal by making it a place that is also a café and bar, rather than a gig venue with a café and bar on the side.
They will develop the outside seating area to make the venue more inviting to the many people who pass by in the busy central location. They would also like to alter the internal layout on the ground floor so that there is a separate box office for ticketed events which would allow the bar/café to be always open to the public.
Exchange already have a very good reputation for sound quality and the gig experience at the venue, but this could be improved with better lights, PA, moving the sound booth, changing the stage layout. These measures would help increase revenues by slightly increasing their capacity and enhancing our ability to attract artists who want to play Exchange even when they could sell out a larger but less attractive venue.
Exchange would also like to reduce the carbon footprint of the building and transform the heating and air quality in the venue with a mechanical ventilation and heat recovery unit. These measures along with the installation of water saving toilets will greatly reduce our utility costs and pay back the capital costs within a few years. They also feel it is important to future proof the organisation by updating and improving accessibility, venue safety, sound proofing etc.