Complex sentence: In the 1960s it was donated, with supporting funding for its renovation, to the people of Victoria by Thomas Shanks McPherson and became part of the Centennial Square redevelopment, which was finished in 1965.
Split into simpler sentences: In the 1960s it was donated, with supporting funding for its renovation, to the people of Victoria by Thomas Shanks McPherson. It became part of the Centennial Square redevelopment, finished in 1965.