Adelaide St West is renamed Sir Ken Dodd Avenue as a lasting tribute to the late entertainer.
The Skegness venue "for the people" has welcomed everyone from Norman Wisdom to Sarah Millican.
The exhibition features Dodd's costumes, tickling sticks, rare memorabilia and original notebooks.
If approved, his estate will have exclusive rights to use or license the catchphrases for a fee.
Halifax's Victoria Theatre opened in February 1901 and a new display showcases its history.
The charity set up in Sir Ken Dodd's name said it had no choice but to withdraw support.
A new film includes extracts from notebooks he wanted burned after his death.
Sir Ken Dodd's widow says he often tested material at his New Year's Day performances in Fleetwood.
The new centre will give the comedy legend's archive a permanent home in his home city of Liverpool.