Sixers Announce Plans to Build a New Arena
The Philadelphia 76ers’ quest to find a new arena continues this offseason. Just last year, the Sixers proposed the idea of building a new arena in Penn’s Landing.
After not getting the green light to do so, the Sixers moved on and worked on another proposal. On Thursday morning, the team announced that they are developing a new project and pursuing a privately-funded development in the fashion district.
“The Philadelphia 76ers are a storied Philadelphia institution with a proven track record of investing in their community,” said Sixers’ Co-Managing Partner Josh Harris via press release. “That’s why we’re committed to building a world-class home in the heart of the City and creating a privately-funded arena that strengthens ties within the local community through investments that prioritize equity, inclusivity, and accessibility."
The Sixers have called the Wells Fargo Center home since it opened as the CoreStates Center in 1996. At the time, the Sixers were under the same ownership as the NHL’s Philadelphia Flyers.
In 2011, that all changed. When the Sixers went up for sale, Josh Harris and David Blitzer purchased the organization and started a new era with the team.
Now, Harris, Blitzer, and the Sixers are looking for a way to get Philadelphia’s pro basketball team its own home. And if all goes to plan, the Sixers could bid farewell to the Wells Fargo Center by the 2031-2032 NBA season.
Justin Grasso covers the Philadelphia 76ers for All76ers, a Sports Illustrated channel. You can follow him for live updates on Twitter: @JGrasso_.
For live updates on the Philadelphia 76ers, follow @All76ersSI on Twitter!
More Sixers News:
On the Radar: As the 2022 NBA Draft approached, Philadelphia 76ers President of Basketball Operations Daryl Morey was rumored to have his eyes on Houston Rockets veteran Eric Gordon. As the Sixers attempted to gain Gordon through the trade market, Morey was ultimately unsuccessful. While the 76ers couldn’t land Gordon back in June, reports indicate that they are still trying to make something work with the Rockets to get the former Sixth Man of the Year in Philadelphia. CLICK HERE TO READ MORE
Morris Wants to Come Home: NBA veteran Markieff Morris never shied away from expressing love for his hometown Philadelphia. While Morris never played basketball professionally in the City of Brotherly Love, he recently revealed that he would like to make that dream become a reality, and he’s wanted to play for the Sixers for quite a while now. CLICK HERE TO READ MORE
