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MSG Spheres delayed

UNITED STATES/UNITED KINGDOM                -
World News
November 26, 2019

THE PLAN by the New York-based Madison Square Garden Company (MSGC) to build high-tech concert venues in Las Vegas and London has been delayed, with a completion date for the UK venue now open-ended.

MSGC, which owns New York’s iconic Madison Square Garden (cap. 20,783) arena, had planned to open an MSG Sphere (18,000) in Las Vegas in 2021, with a 21,500-capacity sister arena in London a year later.

Reports that the cost of the Las Vegas venue has rocketed from $1.2 billion to $1.7bn have not been confirmed by the company.

In a 4 November statement MSGC says it, “remains focused on incorporating learnings from its Las Vegas project”, in respect of London and, “For these reasons, it is no longer possible for the London venue opening to be one year after the opening of MSG Sphere in Las Vegas.”

MSGC had said the London venue would open in 2022, but the company has yet to receive a response from the London Legacy Development to its planning application, filed last March.

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