Business · Companies · 2 hrs ago

Maryland County Approves Up to $215 Million for National Harbor Sphere

Maryland County Approves Up to $215 Million for National Harbor Sphere

Prince George’s County approved up to $215 million in bonds to help build a Sphere venue at National Harbor, Maryland, near Washington, D.C. The planned venue would be smaller than the Las Vegas Sphere, with seating for about 6,000 people rather than nearly 20,000.

It is expected to use immersive features such as a large LED exterior, a high-resolution interior screen and haptic seating.

The county’s funding is intended to be repaid over time from revenue generated by the venue, and the county has also committed to financing a parking garage.

The project is expected to cost about $1.4 billion overall, according to one account.

Supporters say it could bring economic benefits to the county and state, while an approved labor agreement would let venue workers organize once it opens but does not cover construction workers.

A groundbreaking is expected soon, with an early 2030 opening targeted, though the date has not been confirmed.

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Aisha BraveboyPrince George’s County executive
This project represents a $1.3 billion dollar economic impact to Prince George’s County and a $1.5 billion dollar impact to the state of Maryland
via Pitchfork