US developer scraps plans for London Sphere
Stay informed with free updatesSimply sign up to the UK property myFT Digest -- delivered directly to your inbox.The US developer behind a Las Vegas-style Sphere in London’s former Olympic Park has withdrawn its plans after the UK capital’s mayor decided to block the music venue.In a letter to the Planning Inspectorate, a government agency, Madison Square Garden Entertainment (MSG), which is owned by US tycoon James Dolan, said it would not “continue to participate in a process that is merely a political football between rival parties”.Sadiq Khan, mayor of...
