The Sixers announced they are planning to build a new arena in Philadelphia’s Center City located on a piece of its Fashion District
Jul 21, 2022 10:18 AM EDT
The Sixers announced on Thursday they are planning to build a new arena in Philadelphia’s Center City located on a piece of its Fashion District. The project will be funded privately and run by the newly created 76 Devcorp. are a storied Philadelphia institution with a proven track record of investing in their community.
The Sixers and Flyers currently play in the Wells Fargo Center, an arena that first opened in 1996 and is located in south Philadelphia. According to Harris’s plan, this new arena would move the Sixers north, closer to the center of the city. Harris named David Adelman, the CEO of Campus Apartments, Co-Founder of FS Investments and Founder of Darco Capital, as the leader of this new arena. Adelman said the team decided on the new location after deliberation for over two years.
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