Performing arts centre

Performing arts center/centre (see spelling differences), often abbreviated as PAC, is used to refer to:

Some performing arts center organizations act as sole presenter for events using the venues within the center, but most also frequently rent their performance spaces to other performing arts presenters or self-presenting performing arts groups. Examples of this practice is the Celebrity Series of Boston renting venues in Boston's Boch Center.

New performing arts centers emerged in the latter part of the 20th century as a means of generating new investment and increased economic activity and thus, a means for revitalizing neighborhoods as patrons are drawn to local restaurants and other businesses. PACs became a draw for touring shows and eventually included visual art in their facilities. Today, these centers are valuable civic resources that provide education, access, exchange of creative discourse, opportunities for cultural expression and awareness.

...
Wikipedia