As Brighton and Hove have grown up around it, the building has catered for changing needs, operating as a riding academy and stables, warehouse and, since the 1980s, as an arts venue.

[3][4] The building was renovated in 1998 by The Old Market Trust with a lottery grant of over four million pounds, as a home for The Hanover Band and a community arts venue for Brighton and Hove.

Since it reopened in 2011, musicians such as Fatboy Slim, Sam Smith, Anna Calvi, Paul Weller, Kano, Frank Carter and the Rattlesnakes, Sleaford Mods and Morcheeba have performed at the venue, as well as comedians including Bill Bailey, Daniel Kitson, Katherine Ryan, Mark Thomas, Ricky Gervais, James Acaster, Bo Burnham, Sara Pascoe and Nish Kumar.

[6] The venue also hosts theatre companies including 1927, Gecko and Paines Plough, and bespoke events are also hosted, such as in early May 2023, when YouTuber and Twitch streamer TommyInnit held a sketch comedy show at the venue as a build up to his upcoming tour.

The new format sees audiences surrounded by 360º of digital projections, and the first events to take place included sets by Plaid, Orbital's Phil Hartnoll and three nights with Fatboy Slim.