William Aston Hall in Wrexham is to be run by Theatr Clwyd, following the liquidation of the previous operator.
The hall, which can hold up to 1,200 people, will be run as a community venue in partnership with Wrexham Glyndwr University, which owns it. Theatr Clwyd will run a limited programme for 2022, moving to a full programme in 2023.
Theatre executive director Liam Evans-Ford said: "We’re excited to be working in partnership with the University, to inject new life into this vital venue for Wrexham and North Wales.
"We are building for the long-term, and while we won’t be offering a full programme until 2023, we will make sure this partnership, and the work we present, delivers for our communities in Wrexham and beyond – and strengthens not only Wrexham’s City of Culture bid but also the broader North Wales arts scene."
University operations executive director Lynda Powell said: "This will enable us to enhance and expand the events programme within William Aston Hall, as well as provide opportunities for our students, who will benefit from Theatr Clwyd’s industry knowledge.
"William Aston Hall is a key part of our university; we can’t wait to see what 2023 brings."
The hall had been run by VMS Live (Wrexham) Ltd since 2018, but was forced to close by the difficulties brought about by the Covid restrictions. One of the first people to fall foul of the closure last year was comedian Jason Manford, who only found out his show at the theatre had been cancelled through social media.