Philadelphia Mayor Cherelle Parker is set to make a "major announcement" after plans to build a new 76ers arena in Center City fell through over the weekend.
The team's deal with Comcast Spectacor in South Philly includes investments on East Market Street, but few details are known.
Mayor Cherelle L. Parker said that the city will “start from scratch” on a new community benefits agreement, canceling the hotly debated plan with the 76ers and making way for a new one now that the arena is planned for South Philadelphia.
The Philadelphia 76ers will partner with Comcast Spectacor to build a new arena in South Philadelphia and abandon a deal to move downtown.
The city had approved a plan for a new arena in a struggling part of downtown. But on Monday, the Sixers said a new venue would be built near their current one instead.
Connecticut’s Right to Counsel success is under threat, a tentative ceasefire is reached, and pre-Super Bowl sweeps.
The fate of the long-struggling Market East commercial corridor is shaping up to be a defining issue of Parker's tenure.
It is a head-spin development from the fight the 76ers have lodged over the last two years when it sought to build a new arena in Chinatown and close to the city’s center, and as it went to battle with Comcast,
The Philadelphia 76ers have decided not to build a $1.3 billion downtown arena. The surprising move comes just weeks after the team received approval for the contentious project from the city council.
Even as they celebrate a win against 76 Place, those who opposed the controversial arena can't help but think the whole city got played.
The Philadelphia 76ers are staying in South Philadelphia in the latest -- and likely final -- twist in their quest to build a new arena. The Josh Harris-owned 76ers and the NHL's Flyers (owned by Comcast Spectacor) made an announcement Monday morning that the two teams will continue sharing a home in the South Philly Stadium Complex and will build a new arena slated to open by 2031 in a "50-50 joint venture.
The Philadelphia 76ers will partner with Comcast Spectacor, their current landlord, to build a new arena in South Philadelphia and abandon a deal with the city to move