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In 2022, the Philadelphia 76ers unveiled plans to construct a new arena in Center City, Philadelphia, under the working title "76 Place at Market East". Under the plan, Harris Blitzer Sports & Entertainment (HBSE) would purchase multiple buildings in the area surrounding the arena site, including the Fashion District Philadelphia shopping mall. The buildings were planned to be demolished to make way for the new arena and other entertainment locations. The arena proposal faced significant opposition, especially among residents and proprietors of nearby Chinatown, who feared the new arena would negatively affect the neighborhood economically. Despite opposition, the Philadelphia City Council approved the arena proposal in December 2024.
Despite gaining approval from city council, plans for 76 Place were dropped after HBSE and Comcast Spectacor announced a deal on January 13, 2025, to build a new arena in the present South Philadelphia Sports Complex instead, with the two ownership groups owning the new arena in a 50-50 joint venture. Additionally, the arena will be constructed with the intent of hosting a WNBA expansion franchise for Philadelphia.
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