The Prince George’s County Council approved a financing package for a $1.4 billion Sphere entertainment venue at National Harbor on October 27, 2026. The project is expected to create thousands of jobs and generate millions in tax revenue. The financing includes $215 million in special obligation bonds, with construction slated to begin in 2027 and an opening planned for 2030. The venue will feature advanced entertainment technology and will be significantly smaller than its Las Vegas counterpart.
Key facts
- Prince George’s County Council approved $215 million in bonds for the Sphere project.
- The venue will have 6,000 seats and is expected to generate $1.3 billion in local economic activity.
- Construction is expected to begin in 2027, with an opening in 2030.
- The project aims to create over 4,700 permanent jobs.
- Maryland will contribute $13.5 million toward the development.
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