Cambridge Arts Theatre has unveiled plans for Act Two - a £12m construction project that is to include a new foyer and performance spaces in a bid to safeguard its future.

Proposals would bring about a series of improvements to the venue's front-of-house areas, with the potential for creating additional bar and catering income streams. A 200-seat studio theatre on the fourth floor of the property has also been proposed, which would help nurture smaller scale arts events and allow the theatre to produce its own work.

Act Two designs have been drawn up by Mark Foley of Burrell Foley Fischer LLP with the aim of building on the legacy of John Maynard Keynes' founding vision for the theatre. Cambridge Arts Theatre opened in 1936 and underwent a refurbishment in the early 1990s. The Peas Hill Foyer will now extend into two adjoining units under the Act Two proposals.