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...hurdle remains: finding a catalyst for the $700 million second phase of the redevelopment, which includes plans for a 650-room hotel next to the O2. Originally AEG expected to build a supercasino inside, but that idea got nixed by the government. One option is a cruise-ship terminal. AEG and the Port of London Authority are conducting a study to see if the Thames can be suitably dredged to allow the large ships to reach the O2. If given the go-ahead, this would open in time for the start of the 2012 London Olympics. Another possibility...

Author: /time Magazine | Title: The Revival of London's Millennium Dome | 10/26/2007 | See Source »

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