• Loading stock data...
Wednesday, July 2, 2025

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

  • 76 Devcorp was eying June to receive approval of a zoning variance from Philadelphia.
  • The 76ers proposed a $1.3 billion stadium last year.
A general view of the Philadelphia 76ers playing at their current home arena, the Wells Fargo Center.
Bill Streicher-USA TODAY Sports

The Philadelphia 76ers might have to wait a little longer to get into their new $1.3 billion arena.

76 Devcorp, the development company created in July 2022 to oversee the project, was eying June to receive approval of a zoning variance from the city for the Center City venue.

“I would say by the fall, that’s really our goal,” David Adelman, part-owner of the Sixers and chairman of 76 Devcorp told Philadelphia Business Journal. 

“Honestly, I think it’s just the pace of the government in Philadelphia … I still like June. We’re making good progress on the paths we need to make, but I know if you don’t get it done by June, not a lot gets done in Philadelphia in the summer.”

The City Council meets June 22 and then not again until Sept. 14.

Councilmember Mark Squilla would introduce the variance for approval and has said he wouldn’t introduce legislation unless community members reviewed it first. His district includes Chinatown, whose businesses and residents have heavily criticized the proposal.

“What we’re working on now is actually quantifying it so you can see the diagram of what you can get with this money,” Adelman said, adding that they want to work with the community.

Tentatively named 76 Place, the arena is estimated to provide $1.9 billion in economic output during construction and $400 million annually once it opens. The team is aiming for it to open during the 2031-32 season — its lease at Wells Fargo Center ends in 2031.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 29, 2024; Indianapolis, Indiana, USA; Detroit Pistons guard Malik Beasley (5) celebrates a shot in the second half against the Indiana Pacers at Gainbridge Fieldhouse.

Malik Beasley’s Messy Offseason Includes $2.25M Suit From Ex-Agency

The former Pistons player is not having a good summer.

Gauff, Pegula Out at Wimbledon in Nightmare Start for American Women, ESPN

Coco Gauff and Jessica Pegula were ranked Nos. 2 and 3, respectively, entering Wimbledon.

LIV Golf CEO Pushes Back On PGA Tour Merger

Scott O’Neil said there could be new opportunities for the Tour’s players.

Featured Today

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
June 26, 2025

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.
June 23, 2025

A’s Launch $1.75B Ballpark Build With Funding Puzzle Still Unsolved

Ground is broken in Las Vegas, but funding issues, Sacramento woes persist.
June 23, 2025

World Cup, NFL Draft, New Stadiums in PA … and No State..

Growing sports-related needs conflict with budget worries in the commonwealth.