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.
Spinnaker Island (Massachusetts) and the island was subsequently used by the Hull public school system. In 1987, the island was redeveloped as a condominium and marina complex and renamed Spinnaker Island by the new owner. <BR> Spinnaker Island (Massachusetts) Spinnaker Island (formerly known as Park Island, Hog Island, and Little Hog Island) is an island in the Hingham Bay area of Boston Harbor in Massachusetts, USA. The island is part of the town of Hull, to which it is connected by a bridge, and is one of the few harbor islands that neither forms part of the Boston Harbor Islands National Recreation Area