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.
Ketamine most commonly seized drug in Plymouth bars
630 drug items seized last year
Police searching for wanted Tiverton man
Call 999 if you know of his whereabouts
South Devon coastal road washes away
A379 collapses between Slapton and Torcross
Heavy rain expected to bring flooding
Environment Agency says it's closely monitoring the situation
Massive Exeter student flats block would ‘tower over homes’
Plans could be approved next week
Stolen telehandler used in Plympton cash grab
Shop targeted in ram raid
