Millennium Dome the dome's new owners, the Anschutz Entertainment Group, to a design by HOK SVE and Buro Happold. It cost £600 million, and the resulting venue opened to the public on 24 June 2007, with a concert by rock band Bon Jovi. During the 2012 Summer Olympics, the artistic gymnastics events, along with the medal rounds of basketball, were held at The O2. It also held wheelchair basketball events during the 2012 Summer Paralympics. For sponsorship reasons, during those times the arena was temporarily renamed the North Greenwich Arena. Issues related to the Dome damaged Peter Mandelson's and John Prescott's political
The O2 AEG Europe for 58 years. AEG would develop and operate The O2 during the length of the lease agreements, which stated that the government would get a certain percentage of profits through English Partnerships. English Partnerships and Quintain Estates and Development both own land around The O2 on the Greenwich Peninsula. They will release land in stages, to developers, and develop the area in a joint venture with the aid of Meridian Delta. Some of the land is already being developed for offices and shops. Some of the land around the dome is being reserved for possible extended developments for