WOWOWOWO! It’s a little sad the Sixers won’t be at the Wells Fargo Center anymore, and all the sports teams won’t be in the same space, but this is awesome for Center City and it’s going to be gorgeous! It also might mean that Philly will get the NBA All Star Game! It’s also important to note, this is privately funded.
The development will be completed in time for the 2031-2032 NBA season. Ground-breaking for the proposed project is not expected for several years. The general public and fans can stay up to date on the progress of the development project by visiting 76Place.com.
Here are the details: Josh Harris and David Blitzer, Managing Partners of the Philadelphia 76ers, announced today the creation of a new development company, 76 Devcorp, responsible for developing the future home of the Philadelphia 76ers. Led by Philadelphia business leader David Adelman, in partnership with Harris Blitzer Sports Entertainment (HBSE), the Development Corporation is pursuing a privately-funded, purpose-built sports and entertainment arena, 76 Place, that will be located on a portion of the current site of Fashion District Philadelphia and serve as an anchor to Center City.