The Spinnaker Tower, which stands at 170 metres high, sits beside Gunwharf Quays as the centrepiece of the Millennium Project for the Renaissance of Portsmouth Harbour.
Planning began in 1995, and construction began 2001, and was completed in mid-2005, due to repeated delays and extra funding requests by the builders Mowlem. This was six years later than the planned opening date of 1999, chosen to coincide with Millennium celebrations. The tower, originally called Portsmouth Millennium Tower, was renamed Spinnaker Tower.
The project was over budget, with an overall cost of £35.6 million for the tower alone. Taxpayers were not meant to fund the tower, but Portsmouth City Council eventually contributed £11.1 million towards construction.
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