Tameside Hippodrome, which closed down in 2008, is set to re open again next year.
Tameside council is in talks to lease the Grade two listed building to The Hippodrome Ltd., the former Tameside and Heritage Arts Trust.
In it's heyday the 110 year old building played host to many famous names including George Formby and Charlie Chaplin. Keith Dalby-Oldham who is the driving force behind the new company said " it's a booming industry. People want to come to the theatre."
He added " the theatre could play host to up to 400 shows per year. We have pencilled in 226 performances in the first six months if we manage to open next October. "
There are more than 2,000 friends of Tameside Hippodrome, who campaigned to save the Hippodrome from closure and demolition before it was awarded listed status, they include key people in the theatre who have an array of skills and expertise to offer.