MSG Withdraws Plans for London Sphere Amid Political Controversy

Overview

• Madison Square Garden Entertainment (MSG) has withdrawn its plans to build a Las Vegas-style Sphere entertainment venue in east London, citing the project had become a political issue between rival parties.
• The proposed 300-foot tall Sphere, capable of hosting events for 23,000 people, was blocked by London Mayor Sadiq Khan due to concerns over noise and light pollution.
• Despite the rejection, Housing Secretary Michael Gove had chosen to review the decision, keeping the project alive.
• MSG has spent millions and engaged in a five-year planning process for the Sphere, which was to be built on a 4.7-acre site left vacant since the 2012 London Olympics.
• MSG is now expected to take its expansion plans elsewhere, with reports suggesting serious talks over building a new Sphere in Abu Dhabi.