News

Philadelphia 76ers look to build new $1.3 billion arena

today07/25/2022 1

Background
share close

The Philadelphia 76ers are taking the first steps toward building a privately-funded sports and entertainment arena. The team’s managing partners on Thursday announced the creation of a new development company to create its future home in the city’s Fashion District. They say 76 Place is anticipated to cost about $1.3 billion. Josh Harris and David Blitzer say in a news release they’re committed to creating “a privately funded arena that strengthens ties within the local community through investments that prioritize equity, inclusivity and accessibility.” Groundbreaking is not expected for several years and the project is expected to be finished in time for the 2031-2032 NBA season. The Sixers currently play at Wells Fargo Center.

All contents © copyright 2022 Associated Press. All rights reserved

Written by: Editor

Rate it

Previous post

News

Author Wes Moore wins Democratic race for Maryland governor

Bestselling author Wes Moore has won the Democratic primary for Maryland governor. His victory sets up a general election contest against Republican Dan Cox, a hard-line conservative endorsed by former President Donald Trump. Moore will be a strong favorite in the November election against Cox, a right-wing member of the Maryland House of Delegates whose extreme brand of politics is considered a liability in a heavily Democratic state that twice […]

today07/25/2022


0%