Regeneration work at Alexandra Palace will benefit from more than £800,000 in Lottery money.

The Heritage Lottery Fund (HLF) is giving £844,800 to the Alexandra Park and Palace Charitable Trust’s multimillion pound redevelopment programme as part of its £16.8m lottery funding application.

The money will be used to develop the project’s designs and business plan so it can provide long-term benefit for Alexandra Palace, its visitors and local communities.

The HLF will contribute the major part of a £23.9m project to transform the eastern end of the building, making the most historically significant parts of the building accessible to the public.

When planning is finished, a further application will be submitted for money to pay for the required construction works.

Duncan Wilson OBE, chief executive of Ally Pally said: “The HLF announcement marks a significant moment in the future of Alexandra Palace.

“Finally we can plan with confidence to bring back to life the glorious Victorian theatre and the historic BBC Television studios.

“The ‘People’s Palace’ in its entirety can now become a reality and we are thrilled that the HLF have endorsed our plans for its future in this way.”