Funds to complete the next stage of £1.8million development works at Shoreditch Town Hall have been secured as efforts continue to transform it into a flagship arts and events venue.

In the past two years £450,000 has been spent on the Grade II listed building in Old Street, which was built in 1865.

The new works, which will be completed within a year, include the reinstallation of 278 seats into the Victorian assembly hall’s balcony, bringing the capacity to 850.

More toilets will be added, along with a goods lift and passenger lift in the entrance hall.

Artistic director Nick Giles expressed his thanks to The Linbury Trust, Foyle Foundation, Biffa Award and Cockayne for their support, which will help cement the aim of creating a flagship arts and events venue in east London.

“The whole team here is conscious of what an incredible and rare opportunity it is to be developing a remarkable building like the town hall today in one of the most exciting parts of London,” he said.