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Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

Business

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor
Business

Business

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

2026-01-19 10:15 Last Updated At:01-20 00:28

NEW YORK & NATIONAL HARBOR, Md.--(BUSINESS WIRE)--Jan 18, 2026--

Sphere Entertainment Co. (NYSE: SPHR ), the State of Maryland, Prince George’s County, and Peterson Companies announced today their intent to develop a new Sphere venue – which would be the second in the U.S. and first to utilize a smaller-scale design model – at National Harbor, a premier destination in the Washington, D.C. metropolitan area. The addition of Sphere would create a new Maryland landmark that drives significant economic, cultural and community benefits for the County, State, and region, and provides unparalleled immersive experiences powered by advanced technologies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260118002036/en/

“Our focus has always been on creating a global network of Spheres across forward-looking cities,” said James L. Dolan, Executive Chairman and Chief Executive Officer, Sphere Entertainment. “Sphere is a new experiential medium. With a commitment to bringing innovative opportunities to residents and visitors, Governor Moore, County Executive Braveboy, the State of Maryland, and Prince George’s County recognize the potential for a Sphere at National Harbor to elevate and advance immersive experiences across the area.”

“Maryland has a long history of providing world-class entertainment and we could not be more excited to work with Sphere Entertainment to bring this cutting-edge project to life,” said Governor Wes Moore. “This will be one of the largest economic development projects in Prince George’s County history – proving once again our state is the best place in the country to bring dreams to life. We’re excited for what this means for our people, and how it will showcase the best of what Maryland has to offer to everyone who visits.”

“This is a world-class win and an incredibly exciting moment for Prince George’s County. This achievement reflects the strong partnership we have built with Governor Wes Moore and the State of Maryland, as well as a disciplined, experienced team that knows how to compete and win major projects at a national scale,” said Prince George's County Executive Aisha N. Braveboy. “As only the second Sphere venue in the United States, this project demonstrates the future of economic development in Prince George’s County, how we compete, how we win, and how we attract other world-class destinations that will become flagship projects for our County, our State, and the entire region. I love winning for Prince George’s County.”

“We are excited to partner with Sphere Entertainment, the State of Maryland, and Prince George’s County to bring a Sphere to National Harbor,” said Jon Peterson, Chief Executive Officer of the Peterson Companies. “This innovative project will further reinforce National Harbor as the national capital region’s premier destination for conventions, entertainment, retail and dining, and hospitality; deliver more economic activity and jobs; and elevate National Harbor, and Maryland, as one of the country’s preeminent tourism and entertainment hubs.”

This project would utilize a combination of public and private funding, including approximately $200 million in state, local, and private incentives. Sphere would support approximately 2,500 jobs during the construction phase, and 4,750 jobs once operational, in addition to generating millions in additional revenue for the County and State. Once open, the economic impact of Sphere National Harbor is expected to be greater than $1 billion annually.

Located just 15 minutes from Washington, D.C., National Harbor is a top entertainment and tourism destination in the DMV (District of Columbia, Maryland, and Virginia) region. Situated along the Potomac River, National Harbor offers world-class entertainment, dining, retail, gaming, convention, and leisure activities to more than 15 million visitors annually. A Sphere at National Harbor would become a major year-round draw, offering an array of immersive experiences, including original Sphere Experiences, concerts, and brand events, for residents and the millions of domestic and international visitors who travel to the area each year.

Sphere in Las Vegas was recently ranked #1 on both Billboard’s and Pollstar’s 2025 lists of top-grossing venues worldwide. As part of Sphere Entertainment’s vision for a global network of venues, which now includes Sphere in Las Vegas and the planned venue in Abu Dhabi, the Company has designed plans for various sized Spheres that deliver the fully immersive experiences that are the signature of Sphere in Las Vegas.

The proposed National Harbor venue would be the first smaller-scale Sphere, with capacity of 6,000 seats. Smaller-scale Spheres would feature an Exosphere – the exterior LED display of Sphere that showcases both artistic and branded content and reaches audiences globally. The venue would also feature a 16K x 16K interior display plane – the world’s highest-resolution LED screen. All of Sphere’s advanced technologies would be incorporated, including Sphere Immersive Sound, as well as haptic seating and 4D environmental effects.

Any construction, development, financing and operation of a Sphere venue at National Harbor is contingent upon, among other things, negotiation and execution of definitive agreements, as well as receipt of certain governmental incentives and approvals from Prince George’s County and the State of Maryland.

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About Sphere
Sphere is an experiential medium that is redefining the future of immersive experiences. Powered by advanced technologies that ignite the senses, Sphere is a venue where the foremost artists, creators, and technologists create extraordinary experiences that bring storytelling to a new level and transport audiences to places both real and imagined. The venue hosts original Sphere Experiences from leading Hollywood creatives; concerts and residencies from the world’s biggest artists; and premier brand events. The first Sphere opened in Las Vegas, with a second venue planned for Abu Dhabi. More information is available at thesphere.com.

About Sphere Entertainment Co.
Sphere Entertainment Co. is a leader in immersive experiences, technology and media. The Company includes Sphere, an experiential medium powered by advanced technologies. The first Sphere opened in Las Vegas, with a second venue planned for Abu Dhabi. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a wide range of live sports content and other programming. More information is available at www.sphereentertainmentco.com.

About Peterson Companies
Peterson Companies is one of the largest privately-owned real estate development companies in the Washington, D.C. region, with a diverse portfolio spanning mixed-use, retail, residential, office, industrial, and self-storage assets. For more than 60 years, the company has delivered prominent destinations such as National Harbor, Rio, Fairfax Corner, Tysons McLean Office Park, and Fair Lakes. Combining market expertise with a fully integrated development platform, Peterson Companies develops vibrant residential and business districts throughout the region. For more information, visit www.petersoncos.com.

Forward-Looking Statements
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about Sphere Entertainment’s plans, strategies, beliefs and expectations. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments or events may differ materially from those in the forward-looking statements as a result of various factors, including the negotiation and execution of definitive agreements for a Sphere at National Harbor, the receipt of governmental incentives and approvals from Prince George’s County and the State of Maryland and the factors described in Sphere Entertainment’s filings with the United States Securities and Exchange Commission, including the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein. Sphere Entertainment disclaims any obligation to update any forward-looking statements contained herein.

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies Announce Intent to Develop a Sphere at National Harbor

COLUMBUS, Ohio (AP) — Republican Vivek Ramaswamy has spent his campaign for Ohio governor focused on November's general election and finally gets the chance Tuesday to put the long primary season behind him, as the Trump-endorsed biotech entrepreneur positions for an expensive run against Dr. Amy Acton, the former state health director.

Contests on the ballots also will set the stage for Ohio's third competitive U.S. Senate race in the last four years, as well as a handful of U.S. House races that are expected to be closely fought in the fall.

Every statewide executive office is open this year due to term limits, but the governor's race has captured the bulk of the attention so far.

Ramaswamy, a 2024 GOP primary presidential candidate, swept onto the state's political scene early last year as a mad shuffle was taking place. Then-Sen. JD Vance was ascending to the vice presidency and front-running gubernatorial candidate Jon Husted was being appointed to replace him in Washington.

That opened a window of opportunity at the top of Republicans' statewide ticket.

Though he is a newcomer in state politics, Ramaswamy's national profile, tech industry connections and proximity to Trump landed him the Ohio Republican Party's endorsement. With it, he cleared a prospective field that included the sitting state attorney general, state treasurer and lieutenant governor.

But Democrats also saw opportunity with the open governors seat, even as the state, a former bellwether, has tipped convincingly toward Republicans during the Trump era. The president’s lagging approval ratings on the economy and dissatisfaction over the war in Iran are contributing to a competitive contest.

Acton, a physician and public health expert, emerged as their choice. She became a household name across Ohio in the early days of the COVID-19 pandemic as she stood alongside Republican Gov. Mike DeWine during daily coronavirus broadcasts. Her comforting presence during the crisis made her a beloved figure with many Ohioans.

But the administration's aggressive actions — including shuttering businesses, closing schools and canceling an election — also earned Acton plenty of enemies and made her the occasional target of people upset about pandemic policies, with some armed protesters showing up outside her home.

Ramaswamy's campaign has sought to capitalize on the lingering anger over pandemic restrictions with attacks on Acton's role early in the crisis. Ramaswamy was advising the lieutenant governor at the time — Husted — on virus-related economic issues and he founded a company that profited off its role developing vaccines.

Acton is unopposed in the Democratic primary, while Ramaswamy faces a long-shot challenge from Casey Putsch. The engineer and car designer is a YouTube provocateur who has trolled Ramaswamy incessantly over his Indian heritage and Hindu faith and painted him as an out-of-touch billionaire “tech bro.”

Husted is unopposed in the GOP primary for Senate, a special election to fill the remainder of the six-year Senate term Vance won in 2022. Husted's likely opponent will be Democrat Sherrod Brown, a former three-term senator who lost a reelection bid against Republican Bernie Moreno in 2024, a contest where spending hit $500 million. Brown faces a minor primary challenge from first-time candidate Ron Kincaid.

Early voting began April 7 under some new election laws, including citizenship checks and elimination of the four-day grace period for receiving mailed ballots. There have been no reports so far of any widespread problems for voters related to the changes.

In the wake of a new round of redistricting that slightly favored Republicans, the state also has numerous partisan congressional primaries.

The most heated GOP primary is in the Toledo area’s 9th District for the chance to take on Democratic U.S. Rep. Marcy Kaptur, the longest-serving woman in Congress.

The five-way contest includes former state Rep. Derek Merrin, whom Kaptur defeated by less than a percentage point in 2024, as well as an Air National Guard veteran, a healthcare industry worker, a sitting state representative and the former deputy director of U.S. Immigration and Customs Enforcement, Madison Sheahan.

In Democratic U.S. Rep. Greg Landsman's Cincinnati-area district, which his party considers a “must-hold,” the three-way Republican primary includes Eric Conroy, a CIA and Air Force veteran who has been endorsed by Trump, Vance and Moreno.

Landsman also faces a primary challenge from Damon Lynch IV, the grandson of a prominent civil rights leader. Lynch has criticized Landsman for his initial vote against a war powers resolution on the war in Iran, which Landsman later followed up with a favorable vote.

In the Akron area's 13th District, five Republicans including business owner Neil Patel, a 2022 U.S. Senate candidate, are vying for the opportunity to face Democratic U.S. Rep. Emilia Sykes.

As a Trump-backed national effort to remake congressional maps in Republicans' favor was underway, Ohio Democrats took a could-have-been-worse approach and passed the map they were given unanimously.

Now party candidates are crowding congressional primaries across the state for the chance to take on sitting Republican representatives, who hold 10 of Ohio's 15 seats.

The newly redrawn 7th District in the Cleveland area has attracted eight Democrats hoping to challenge Republican U.S. Rep. Max Miller, a former senior Trump adviser, in November. Among them is former Cuyahoga County Executive Ed FitzGerald, the Democratic nominee for governor in 2014.

In northeast Ohio's 14th District, former state Supreme Court Justice William O'Neill is among three Democrats seeking to take on Republican U.S. Rep. Dave Joyce. Joyce also has two primary challengers.

Meanwhile six Democrats are on the ballot in the Dayton-area 10th District of Republican U.S. Rep. Mike Turner. There are seven in GOP U.S. Rep. Michael Rulli's 6th District along the Ohio River and five in the 5th District of Republican U.S. Rep. Bob Latta.

Former Democratic Sen. Sherrod Brown speaks during a campaign event ahead of primary elections at the Paladin Brewery in Austintown, Ohio, Thursday, April, 30, 2026. (AP Photo/Phil Long)

Former Democratic Sen. Sherrod Brown speaks during a campaign event ahead of primary elections at the Paladin Brewery in Austintown, Ohio, Thursday, April, 30, 2026. (AP Photo/Phil Long)

FILE - Amy Acton, Democratic candidate for Governor of Ohio, gestures as she speaks with a reporter in Columbus, Ohio April 15, 2026. (AP Photo/Sue Ogrocki, File)

FILE - Amy Acton, Democratic candidate for Governor of Ohio, gestures as she speaks with a reporter in Columbus, Ohio April 15, 2026. (AP Photo/Sue Ogrocki, File)

Republican Ohio gubernatorial candidate Vivek Ramaswamy speaks to supporters before the Warren County Republicans Lincoln Day Dinner at the Great Wolf Lodge in Mason, Ohio, Friday, April 10, 2026. (AP Photo/Carolyn Kaster)

Republican Ohio gubernatorial candidate Vivek Ramaswamy speaks to supporters before the Warren County Republicans Lincoln Day Dinner at the Great Wolf Lodge in Mason, Ohio, Friday, April 10, 2026. (AP Photo/Carolyn Kaster)

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