Melbourne’s Festival Hall might not be knocked down for apartments after all.
Heritage Victoria has recommended the 100-year-old concert venues be registered as a heritage building, meaning any developments of the area would need approval.
It was announced earlier this year that Festival Hall were planning to sell to developers.
An application has been lodged with the City of Melbourne to build two 16-story apartment buildings on the site.
The venue has hosted some of the biggest names in music including The Beatles, Fleetwood Mac, Red Hot Chilli Peppers and more.
Now executive director of Heritage Victoria has recommended the site be added to the register, but that still needs to be approved, the ABC reports.
This means any development of the site would require approval to ensure the building's character and history were preserved.
The venue’s owners have issued a statement:
"We note that the application to have Festival Hall listed on the Heritage register is to be considered by Heritage Victoria.
"We expected that this might happen and we will now follow due process while the matter is being considered by the Heritage Council."
Angus and Julia Stone, Franz Ferdinand, MGMT, and Courtney Barnett are set to play the venue in coming months.