THE company planning to convert the former Bradford Odeon into a 4,500 capacity live music venue has submitted a £5 million bid for funding.

Bradford Live has applied to the Heritage Enterprise Scheme (HES), part of the Heritage Lottery Fund, for the money.

It has also made some changes to its planned scheme.

“We have reworked our plans and are confident we can bring the entire iconic building back to life for an overall cost of £15.6m,” said Bradford Live project director Lee Craven.

“HES is an impressive scheme that understands how the cost of bringing a heritage building back to life can often exceed its market value. HES helps bridge that gap.”

A decision is expected in January. “If successful, we will spend the next 12 to 18 months working with the HLF team on detailed development of the project, before moving to the main conversion works themselves. “Our plan is for the venue to open in 2018,” said Mr Craven.