Sept. 8 (UPI) -- The Philadelphia 76ers and Philadelphia Flyers released initial renderings of their new arena, which is to open in 2030 in South Philadelphia.
The arena also will host the inaugural season that year of the city's WNBA team. Its construction marks the largest fully privately funded project in Philadelphia history. An early estimate put the cost at $1.3 billion.
Harris Blitzer Sports & Entertainment, which owns the 76ers, and Comcast Spectacor, which owns the Flyers and Xfinity Mobile Arena, are 50-50 partners in the new arena. Comcast will own the naming rights.
"This privately funded arena will be the home to moments and memories that define this city for generations," 76ers co-owner Josh Harris said.
"We ... look forward to partnering with Mayor Cherelle Parker and council President Kenyatta Johnson to transform a site rich with history, while creating thousands of jobs, driving lasting economic impact and delivering an arena that honors the deep sports and entertainment culture of the city.
#comcast #entertainment
The arena also will host the inaugural season that year of the city's WNBA team. Its construction marks the largest fully privately funded project in Philadelphia history. An early estimate put the cost at $1.3 billion.
Harris Blitzer Sports & Entertainment, which owns the 76ers, and Comcast Spectacor, which owns the Flyers and Xfinity Mobile Arena, are 50-50 partners in the new arena. Comcast will own the naming rights.
"This privately funded arena will be the home to moments and memories that define this city for generations," 76ers co-owner Josh Harris said.
"We ... look forward to partnering with Mayor Cherelle Parker and council President Kenyatta Johnson to transform a site rich with history, while creating thousands of jobs, driving lasting economic impact and delivering an arena that honors the deep sports and entertainment culture of the city.
#comcast #entertainment
6 days ago
