| Built: |
1997-1999 |
| Cost: |
£758,000,000.00 |
|
Maximum height: |
328
feet |
| Maximum width: |
1198
feet |
| Type: |
Dome |
| Type: |
Multi-purpose facility |
| Location: |
Blackwall
Peninsula
|
One
of the most admired and hated buildings of the late
20th century, the Millennium Dome's lofty goals were
also its downfall. It is one of 200 projects in the
United Kingdom created to mark the turn of the millennium.
Altogether it was a £2,000,000,000.00 investment.
The dome featured such exhibits as a walk-through
body and a huge model of a beating heart. Critics
called it "crass" and overly politically correct.
The dome is a showcase of the best Britain has to
offer the world. Unfortunately, not enough of the
world is interested in what Britain has to offer to
make the venture profitable. As of February, 2001
it was expected to attract 5,000,000 visitors a year;
less than half the number needed to make the venture
profitable, but still more than any other British
tourist attraction. Initial admission was pegged at
£20, a price some considered prohibitive for ordinary
people, but one that the Millennium Commission decided
was necessary to build the structure without taxpayer
money. Even before the Millennium Dome opened the
usual politicians chided the project as a boondoggle.
But the chorus of naysayers was joined by a list of
rather rational people who also smelled doom for the
dome. It didn't long to prove them right. 12 to 17
million people were expected each year. The reality
was far different. The dome fell hundreds of millions
of pounds short of its goal in short order. Dome defenders
say it brought a measure of prosperity to a bleak
swath of land along the Thames. To be sure, the project
created 2,000 construction jobs plus thousands more
to keep the affair running. It also cleaned up and
put to use 300 acres of contaminated real estate and
brought billions of tourist dollars south of the city.
But its long-term impact has yet to be felt, and its
merits still debatable. In time we shall see if the
Millennium Dome finally becomes a proud addition to
the London cityscape, or a faded memory of boondoggles
past.
- The
fabric of the dome is designed to last 25 years.
- October,
1998 - The New Millennium Experience Company raises
a public furor when it tries to trademark the London
skyline. They withdraw their application.
-
31 December, 1999 - The Millennium Dome opens to
the public.
- 4
March, 2000 - Damien Nash becomes the 1,000,000th
dome visitor.
- May,
2000 - The Dome gets a £29,000,000.00 loan from
the National Lottery to continue running.
- July,
2000 - An analysis by PriceWaterhouseCoopers concludes
the Dome is financially insolvent.
- September,
2000 - The Dome gets a £49,000,000.00 loan from
the National Lottery to continue running.
- November,
2000 - A government report slams the dome's operators
as too inexperienced to run such a massive operation,
and places the blame on NMEC's inability to control
expenses.
-
December 31, 2000 - A crowd of 37,000 people attend
the dome's closing celebration which is followed
by a massive 12-hour rave on the grounds of the
complex.
- 2001
- The British government tries to sell the dome.
One consortium wanted to turn it into a business
park.
- 18
December, 2001 - The dome lives! Virgin Radio reports
that England’s Millennium Dome will be turned into
an entertainment and sports venue. The British government
came to an agreement with a multinational group
of investors to lease the structure until the year
3000.
- 26
May, 2002 - BBC Radio Five is reporting that the
British government is considering a plan to give
the Millennium Dome away to a private company for
free. In return, the government would get a share
of the operating profits.
- 26
May, 2002 - Ten minutes later - News Direct 97.3
reports the BBC Radio Five report is wrong. We'll
see what happens.
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