Philadelphia 76ers Choose to Stay in South Philly, Forging a New Era in Collaboration with Comcast Spectacor
In a recent strategic decision, the Philadelphia 76ers have opted to remain in the vibrant heart of South Philadelphia, rejecting previous plans to move their arena to Market Street in Center City. This move comes amidst a new partnership with Comcast Spectacor, marking a significant development for both the 76ers and the sports community.
The New South Philly Plan
The new agreement is set to create a dynamic collaboration, as the 76ers and the Flyers will jointly operate the new arena as equal partners. The teams have shared tenancy at the Wells Fargo Center, nestled within the iconic South Philly Stadium Complex, for years. This decision underscores their commitment to reinvigorating the area, with aspirations of turning it into a bustling stadium district.
Prevailing Over Opposition
The shift in plans comes after a previously proposed move to Market Street encountered significant resistance. Community groups from Chinatown and Washington Square West voiced concerns, contributing to only 18% of Philadelphia residents showing support for the Center City project as of a 2024 poll. While the 76ers had proposed a $60 million community benefits agreement spread over 30 years to garner support, it wasn’t enough to sway public opinion in favor of relocating.
Ownership and Other Ventures
Josh Harris, the owner of the 76ers, has diverse interests spanning various sports franchises, which adds an interesting layer to this decision. Besides his involvement with the 76ers, Harris holds stakes in the NFL's Washington Commanders and the NHL's New Jersey Devils. Notably, the Commanders are themselves contemplating a new stadium in Washington D.C., potentially paralleling the 76ers’ arena aspirations.
This strategic move for the 76ers not only promises to energize the local sports scene but also reflects a broader trend of sports franchises investing in the development of vibrant, multi-functional stadium districts. By doubling down on South Philadelphia, the 76ers commit to fostering both sports culture and community engagement, setting the stage for a promising new chapter in their storied history.