• Loading stock data...
Thursday, November 14, 2024

Comcast’s $400 Million Wells Fargo Center Upgrades Near Completion

  • The project includes a new state-of-the-art locker room for the Philadelphia Flyers and visiting teams.
  • Despite the $400 million renovations, the Philadelphia 76ers plan to leave Wells Fargo Center in 2031.
Despite the renovations, the Philadelphia 76ers plan to leave Wells Fargo Center in 2031.
Eric Hartline-USA TODAY Sports

Comcast has begun the final phase of a $400 million renovation project at Wells Fargo Center, home of the NBA’s Philadelphia 76ers and NHL’s Flyers.

The three-year-long project is privately funded by Comcast Spectacor and is set to be complete by this fall, according to the Philly Voice. Its final stages include renovating the arena’s team locker rooms and creating new spaces for training, medical, recovery, and video rooms. However, the 76ers have committed to individually funding their upgraded locker room (about 14,000 square feet) inside the Wells Fargo Center.

Local media were given a recent tour of the transformation at Wells Fargo Center, which opened in 1996. Despite the $400 million renovations, the 76ers plan to leave the arena once their lease expires in 2031 to play at a new venue.

Harris Blitzer Sports & Entertainment, owner of the Sixers and NHL’s New Jersey Devils, has proposed building a new privately funded arena called 76 Place that will cost $1.3 billion to construct and plans to begin hosting 76ers games in 2031. 

The team said its proposed arena would bring Philadelphia a $1.9 billion economic impact. However, some residents oppose the proposed arena because it would be built near the city’s Chinatown and potentially cause the displacement of longtime residents and other socio-economic shifts to the neighborhood.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 22, 2024; Philadelphia, Pennsylvania, USA; Philadelphia 76ers center Joel Embiid (21) looks on after scoring during the fourth quarter against the San Antonio Spurs at Wells Fargo Center.

Joel Embiid Suspended Three Games for Shoving Journalist

The columnist wrote about Embiid’s son and late brother.

Embiid’s Clash With Reporter Sparks NBA Probe, Concerns for Sixers

The former NBA Most Valuable Player angrily confronts and shoves a local columnist.

Comcast’s Olympic Gold: Paris Games Spark Surge in Peacock Subscribers

Company revenue and Peacock subscriptions rise thanks to a big Olympics boost.
Oct 23, 2024; Philadelphia, Pennsylvania, USA; Philadelphia 76ers center Joel Embiid in plain clothes dribbles the ball during a timeout in the second quarter against the Milwaukee Bucks at Wells Fargo Center.

NBA Opening Week Ratings Drop Due to Star Absences

The NBA season tipped off on Tuesday, Oct. 22.
podcast thumbnail mobile
Front Office Sports Today

Will Drew Brees Return to Broadcasting?

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.

Bears Revisiting Another Lakefront Location for New Stadium

The site is about 2.5 miles south of Soldier Field.
November 12, 2024

Tropicana Field Repairs Will Cost $55.7 Million and Take a Year

The MLB club will need an alternate home facility for all of the 2025 season.
Nov 10, 2024; Landover, Maryland, USA; Washington Commanders kicker Zane Gonzales (47) kicks a field goal against the Pittsburgh Steelers at Northwest Stadium.
November 12, 2024

RFK Stadium Bill Could Clear Congress in Lame-Duck Session

The legislation would grant D.C. a 99-year lease for the land.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 10, 2024

Rays Future Stadium Deal in Hands of Newly Elected Officials

Newly elected county commission members are expressing heightened skepticism of the club’s agreement.
November 1, 2024

Cubs Agree to Alter Wrigley As Part of DOJ Settlement

The second-oldest MLB ballpark will have to make upgrades again.
November 1, 2024

Rays’ Future Uncertain As Tropicana Field Repairs Begin

The Rays still don’t know where they will play in 2025.
November 1, 2024

Inside Cosm’s Plans for a Fourth Location—and Beyond

The downtown Detroit site will add to the city’s sports and entertainment district.