Thursday, May 14, 2026

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 13, 2006; Washington, D.C, USA; FILE PHOTO; Houston Comets at Washington Mystics -- Houston forward Sheryl Swoopes brings the ball up court.

Houston WNBA Team Expects to Keep Comets Name

The Connecticut Sun will move to Houston in 2027.
Dec 15, 2023; Philadelphia, Pennsylvania, USA; Philadelphia 76ers resident of Basketball Operations Daryl Morey speaks with the media before a game against the Detroit Pistons at Wells Fargo Center. Mandatory Credit: Bill Streicher-USA TODAY Sports
opinion

Why the NBA Should Hire Daryl Morey to Be Its Theo Epstein

The 76ers fired Morey earlier this week.

Silver Says He Could Further Punish Tanking Teams in New Lottery

“We can actually take away draft lottery balls.”
Mar 15, 2025; Charlotte, NC, USA; ACC commissioner Jim Phillips hands the championship trophy to Duke Blue Devils head coach Jon Scheyer after the 2025 ACC Conference Championship game against the Louisville Cardinals at Spectrum Center. Mandatory Credit: Jim Dedmon-Imagn Images

ACC Backs Duke-Amazon Deal Despite Big Ten Concerns

ACC commissioner Jim Phillips revealed ESPN was involved in the discussions.

Featured Today

Bart Swings/Falyn Fonoimoana/Avery Poppinga

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
Sponsored

Fueling Dreams with Spectrum Business

Behind every league, team, and major event are the communities and small businesses helping power the business of sports.
April 22, 2026

Royals’ New $3B Stadium Lands Downtown, but Not Where Expected

The MLB club strikes a large-scale development deal with Hallmark Cards.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.
May 1, 2026

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
April 21, 2026

Illinois Lawmakers Race to Advance $5B Bears Stadium Plan

State legislators race against the clock as a stadium decision nears.
Apr 4, 2026; Kansas City, Missouri, USA; Kansas City Royals center fielder Lane Thomas (15) celebrates in the dugout after scoring during the seventh inning against the Milwaukee Brewers at Kauffman Stadium.
April 17, 2026

Kansas City Okays $600M for New Royals Stadium

The MLB club must still complete the rest of its stadium financing plan.
Apr 10, 2026; Kansas City, Missouri, USA; Kansas City Royals shortstop Bobby Witt Jr. (7) throws to first base during the seventh inning against the Chicago White Sox at Kauffman Stadium.
April 14, 2026

Royals One Step Closer to New Kansas City Stadium

The MLB club receives support from two key votes.
April 6, 2026

Chicago Mayor Pushes for Rejected Downtown Bears Stadium Site

Despite the team’s focus on suburban options, city leaders continue their efforts.