Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Proposed development of Las Vegas-style Sphere in east London cancelled as plans are withdrawn

by January 9, 2024
January 9, 2024
Proposed development of Las Vegas-style Sphere in east London cancelled as plans are withdrawn

The American company behind a proposed huge Las Vegas-style Sphere entertainment venue in east London has withdrawn its plans.

Madison Square Garden Entertainment (MSG) said it could not continue to participate in a process that was “merely a political football between rival parties”.

In a letter to the Planning Inspectorate MSG said it was “extremely disappointing” that Londoners would “not benefit from the Sphere’s groundbreaking technology and the thousands of well-paying jobs it would have created”.

In December, the housing secretary, Michael Gove, used his powers to call in and review the rejection of planning permission by the London mayor, Sadiq Khan, for the 21,000-capacity, 300ft-tall structure in Stratford, east London.

However, Sphere Entertainment, a sister firm to MSG, said it had written to Gove advising him of the company’s plan to withdraw its application and to decline to participate in the call-in process.

A spokesperson for the company added it was committed to working with “forward-thinking cities around the world” who were “serious” about bringing the project to their communities.

MSG’s letter to the Planning Inspectorate read: “On behalf of both Stratford Garden Development Limited and Sphere Entertainment, I write to confirm that we are officially withdrawing our application from the Planning Inspectorate process.

“After spending millions of pounds acquiring our site in Stratford and collaboratively engaging in a five-year planning process with numerous governmental bodies, including the local planning authority who approved our plans following careful review, we cannot continue to participate in a process that is merely a political football between rival parties.”

The Sphere in Las Vegas opened in 2023

MSG had wanted to build its Sphere venue in Stratford, with plans to illuminate it on the outside and have the world’s highest-resolution LED screen, along with immersive sound systems to host concerts, shows and sporting events.

The 4.7-acre site was bought by the firm having been left empty since it was last used as a temporary coach park during the 2012 London Olympics. But Khan ruled in November that the Sphere, following New York-based firm MSG’s planning application to the London Legacy Development Corporation, would not be allowed to be built.

The Labour mayor said the venue would cause “significant light intrusion resulting in significant harm to the outlook of neighbouring properties, detriment to human health, and significant harm to the general amenity enjoyed by residents of their own homes”.

The mayor went on to say it would be “bulky” and “unduly dominant” and would not “constitute good and sustainable design”.

People living near the proposed development site had reportedly said they were “insulted” after MSG allegedly offered blackout blinds as a way of mitigating the glow from the images emitting from the orb-like structure.

Read more:
Proposed development of Las Vegas-style Sphere in east London cancelled as plans are withdrawn

0
FacebookTwitterGoogle +Pinterest
previous post
EU announces €4bn aid deal to back battery and green tech factories
next post
Can Sir Ranulph Fiennes and Ella Henderson take you into a better 2024?

You may also like

How to reduce the risk of insolvency in...

November 29, 2022

Goldman to move traders to Milan to retain...

November 30, 2022

Major corporations return to CBI as lobby group...

August 26, 2024

Nick Clegg leaves Meta as Joel Kaplan takes...

January 3, 2025

UK SMEs call for policy stability amidst disagreement...

September 21, 2023

5 Ways To Keep From Losing Your Computer...

August 8, 2022

Wrightbus to build 1,000 zero-emission buses as part...

April 11, 2025

UK economy showed no growth in February

April 13, 2023

CMA Considers Capping Vet Prescription Fees Amid Sector...

May 23, 2024

Google to build new $1bn data centre in...

January 19, 2024

How to reduce the risk of insolvency in...

November 29, 2022

Goldman to move traders to Milan to retain...

November 30, 2022

Major corporations return to CBI as lobby group...

August 26, 2024

Nick Clegg leaves Meta as Joel Kaplan takes...

January 3, 2025

UK SMEs call for policy stability amidst disagreement...

September 21, 2023

5 Ways To Keep From Losing Your Computer...

August 8, 2022

Wrightbus to build 1,000 zero-emission buses as part...

April 11, 2025

UK economy showed no growth in February

April 13, 2023

CMA Considers Capping Vet Prescription Fees Amid Sector...

May 23, 2024

Google to build new $1bn data centre in...

January 19, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

      July 6, 2025
    • Democrats project doom and gloom, not celebration, with July 4 messages

      July 5, 2025
    • Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

      July 5, 2025
    • Tesla sees UK sales rebound in June as EV market accelerates

      July 5, 2025
    • Hived raises $42m to roll out electric delivery fleet across southern England

      July 5, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025

    Categories

    • Business (8,397)
    • Investing (2,102)
    • Politics (15,948)
    • Stocks (3,190)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved