The Colston Hall will now be known as Bristol Beacon after Black Lives Matter activists threw his statue in the River.
Bristol Music Trust, which runs the venue, said it hoped the renaming would be “a fresh start for the organisation and its place in the city”.
The hall is near where a statue of the 17th Century slave trader was torn down by protesters in June during an anti-racism protest.
Louise Mitchell, chief executive of the trust, said Bristol Beacon would be “a symbol of hope and community, a focal point for music in the city. A gathering space, illuminating the way ahead. A place of welcome, warmth and light.”
A spokesperson said that it was “the start of a new chapter, this moment serves as a fresh start for the organisation and its place in the city, with a focus on music performance and education. We believe in the power of music to break down barriers and cross boundaries Bristol Beacon will celebrate this in everything we do.”
They said the trust had consulted with 4,000 people across the city about the new name and it had been endorsed by the board of trustees.
The trust said the venue was built 150 years after Colston’s death in 1721 with no financial investment or direct link to the man or his wealth.
The “Colston Hall” lettering was initially removed from the facade of the building eight days after the statue was toppled.
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