Prince George’s County is moving closer to a major entertainment and tourism investment following the County Council's approval of a financing package supporting the proposed $1.4 billion Sphere development at National Harbor.
As reported by Hannah Ziegler in the Washington Business Journal, the authorization represents an important step toward advancing the large-scale entertainment project, which is proposed near MGM National Harbor.
The development could significantly benefit Prince George’s County's hospitality, tourism, and small business sectors. A major new entertainment destination could attract additional visitors, increase demand for hotel accommodations and restaurants, and create opportunities for local vendors, contractors, and service providers.
Beyond its potential construction-related economic activity, the proposed Sphere could further establish National Harbor as a premier regional destination for entertainment and investment. For County-based businesses, the project underscores the importance of preparing to participate in opportunities generated by major developments.
As the project moves through subsequent development stages, its potential to stimulate visitor spending and strengthen the County's commercial economy remains an important consideration for the region's long-term growth.
Read the full article: https://www.bizjournals.com/washington/news/2026/10/27/sphere-national-harbor-prince-georges-bonds.html