The owners of The Bur Oak and concert promotion company T Presents announced Tuesday that they will be opening a new performing arts and event venue at 1925 Winnebago St. in 2023.

The space, which will be named The Atwood Music Hall, will host performing arts, events and weddings, while also offering a community space. According to a release, the space will focus on “tackling racial and socioeconomic inequality in the arts.”