Emirates Spinnaker Tower mid-2005. Because of the six-year delay in opening and not having been ready for the Millennium as planned, the tower was renamed as Spinnaker Tower. The overall development project was over budget, with the tower costing £35.6 million alone. Taxpayers were never intended to fund the tower, but Portsmouth City Council eventually contributed £11.1 million towards construction. In March 2004, Portsmouth Council's former leader Cllr Leo Madden resigned as leader of the Labour Group on the council after a highly critical report of the council's handling of the project and its failure to exploit revenue opportunities, such as the Millennium.
The Spinnaker by "The Phoenix" (1976–1977) and "The Spinnaker" (1977–present). The Spinnaker office is located in UNF's Student Union. In 2005, "The Spinnaker" won a "Best of Show" award at the Associated Collegiate Press's National College Media Convention in Kansas City, Missouri, for the Number 1 paper among four-year weekly tabloid-size student newspapers in the country. In 2009, the paper was named the 2nd best Florida college newspaper, and won Best Front Page Design and Best General News Writing award from the Florida College Press Association. In 2010 it received a Pacemaker Award. The Spinnaker The Spinnaker is the official student magazine,