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Prince George’s Council Approves $215M Bonds for Sphere

By Drooid · Oct 28, 2026, 00:39 UTC · How we work

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Summary

Prince George’s County Council approved financing for the Sphere entertainment venue at National Harbor.
The council voted 8-0 to authorize up to $215 million in special-obligation bonds.
Sphere Entertainment Co. will repay the bonds gradually using tax revenues generated by the facility.
The project estimates $1.3 billion county impact and $63 million annual tax revenue.
A labor-peace agreement permits union organization after opening and sets the venue’s target for early 2030.

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Story summary

Prince George’s County Council approved financing for the Sphere entertainment venue at National Harbor.
The council voted 8-0 to authorize up to $215 million in special-obligation bonds.
Sphere Entertainment Co. will repay the bonds gradually using tax revenues generated by the facility.
The project estimates $1.3 billion county impact and $63 million annual tax revenue.
A labor-peace agreement permits union organization after opening and sets the venue’s target for early 2030.