Philadelphia 76ers' '76 Place' Downtown Arena Project
Philadelphia 76ers limited partner David Adelman is leading the charge for a new downtown arena called '76 Place' in Philadelphia, aiming to improve the team's control over scheduling and fan experience, while revitalizing the city. The $1.5 billion project will be privately funded and faces opposition from various fronts, including their current landlord, Comcast Spectacor.
Key Points
- Private funding of $1.5 billion for the project
- Focus on creating an end-to-end fan experience
- Anticipated creation of 12,200 jobs during construction
Pros
- Improved control over scheduling and fan experience
- Revitalization of downtown Philadelphia area
Cons
- Opposition from various fronts, including Comcast Spectacor