• Loading stock data...
Friday, April 18, 2025

Philadelphia Black Leaders Show Support For 76ers’ Arena Plan

  • The team has committed to 40% of the concessionaires within the finished 76 Place to Black-owned food and drink operators.
  • It will use Black contractors — like Mosaic Development Partners — to build the project.
An artistic rendering of the new Center City arena and development for the Philadelphia 76ers
76 Devcorp

The Philadelphia 76ers’ proposed $1.3 billion arena got a major vote of confidence from one of the city’s core demographics — even as others continue to oppose it.

The African American Chamber of Commerce, as well as a collection of Black religious leaders from around the city, have come out in support of the Sixers’ plan to build a new arena and commercial center tentatively named 76 Place.

“We want to make sure that 76 Place reflects our culture, reflects our vibrancy, reflects our diversity,” said the 76ers’ chief diversity and impact officer, David Gould.

Part of the team’s commitment to those values means creating jobs and business development opportunities, which includes using Black contractors — like Mosaic Development Partners — to build the project.

The 76ers have also committed to 40% of the concessionaires within the finished 76 Place to Black-owned food and drink operators.

A general view of the Philadelphia 76ers playing at their current home arena, the Wells Fargo Center.

Plans for Sixers’ Future $1.3B Arena Could Be Pushed Back

The project requires approval of a zoning variance.
February 27, 2023

However, not everyone is happy with the proposed project.

Earlier this month, the Philadelphia Chinatown Development Corporation publicly came out against 76 Place, citing the rapid decline of Chinese residents in Washington, D.C.’s Chinatown after Capital One Arena opened in 1997.

Chinatown residents say the new arena would cause traffic and parking problems around the neighborhood, as well as diminish its cultural significance.

For their part, the 76ers have committed $50 million toward solving those logistical issues and preserving the neighborhood’s integrity.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix

Netflix Rises While Markets Slide—Thanks in Part to Live Sports

The streaming giant beats financial expectations as its sports presence grows.

WNBPA Matches NBA’s 3-Point Contest Prize. Will Caitlin Clark Join?

The 2025 WNBA All-Star weekend will be in Indianapolis.
Monte McNair

Flailing Kings Fire GM After Losing Play-In

Monte McNair helped the team end a 16-year playoff drought. 

Featured Today

exclusive

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.
Yamine Lamal Barcelona
April 12, 2025

Lamine Yamal: The Pressure and Price of Barcelona’s Young Prodigy

Lamine Yamal is a teenage superstar. Can Barcelona afford him?
The pin flag on the second green flaps in the wind during the second round of the Masters Tournament at Augusta National Golf Club.
April 7, 2025

Inside The Masters: Traditions, Restrictions, and Gnomes

How the most exclusive major employs its own strict rules and operations.
RFK

Commanders Plan $3B Return to RFK Stadium Site—With Some Opponents

A potential deal calls for a new stadium costing more than $3 billion.
April 10, 2025

Denver’s $200M NWSL Stadium Plan Hits Roadblock Over Funding

City council members question the proposed use of public funds.
April 16, 2025

Sabres’ Struggles Extend Off the Ice As Arena Ownership Battle Brews

The 29-year-old arena needs extensive renovations.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
Apr 9, 2025; Pittsburgh, Pennsylvania, USA; Pittsburgh Pirates first baseman Endy Rodriguez (5) and catcher Joey Bart (14) collide attempting to catch a pop-up hit by St. Louis Cardinals designated hitter Willson Contreras (not pictured) during the eighth inning at PNC Park.
April 9, 2025

Pirates Facing Fan Backlash Over Dumping Bricks and Clemente

Fans’ “Bucco Bricks” were found at a recycling facility.
April 3, 2025

Tropicana Field Roof Repair Gets Approval: Will Rays Return in 2026?

The Rays could return to the ballpark in 2026.
April 2, 2025

New Masters Look Post-Hurricane: Augusta Has Fewer Trees, Fresh Greens

The home of The Masters suffered damage from Hurricane Helene in September.
March 31, 2025

Clark Hunt: Chiefs Will Decide on Stadium Plans by Summer

The Chiefs owner also addresses TV, Patrick Mahomes, and the White House.