Current:Home > MarketsPhiladelphia mayor strikes a deal with the 76ers to build a new arena downtown -AssetTrainer
Philadelphia mayor strikes a deal with the 76ers to build a new arena downtown
View
Date:2025-04-15 20:40:32
PHILADELPHIA (AP) — The Philadelphia 76ers have a new teammate in their bid to build a new $1.3 billion arena downtown.
Mayor Cherelle Parker announced Wednesday that she has forged a deal with team owners to keep the NBA franchise in town and will send it to city council. The decision comes despite objections from nearby Chinatown residents and just weeks after New Jersey’s governor offered $400 million in tax breaks to build the site across the river in Camden.
“This is an historic agreement,” Parker said in a video posted on the social platform X. “I wholeheartedly believe this is the right deal for the people of Philadelphia. To the people of Chinatown, please know that I hear you. We have the best Chinatown in the United States, and I am committed to working together to support it.”
Team owners say their planned 76 Place would improve a struggling retail corridor near City Hall and capitalize on the city’s public transit. They have vowed not to renew the lease on their current home, a circa 1996 arena in the city’s South Philadelphia sports complex, when their lease runs out in 2031.
The team now rents the arena from Comcast Spectacor, which also owns the Philadelphia Flyers of the NHL, who also play there. Instead, the Sixers’ owners want their own, more modern facility, one they could also rent out for concerts and other events.
Josh Harris, a managing partner of the ownership group, Harris Blitzer Sports & Entertainment, has said the Sixers will build a privately funded facility that “strengthens ties within the local community through investments that prioritize equity, inclusivity and accessibility.”
On Wednesday, a spokesperson said the owners were grateful for Parker’s support of their proposal “and look forward to advancing to the next steps with city council.”
Chinatown activists who have felt the squeeze of development repeatedly since at least the 1990s had urged the mayor to reject the plan. They are only now getting some relief from a sunken expressway that cleaved their community in two in 1991, in the form of a $159 million grant to build a park over the six-lane highway and reconnect the area.
Parker, who inherited the 76ers issue when she took office in January, had promised to consider their input. Activists complained Wednesday that she ignored it. Some of them took to City Hall with homemade lanterns to “shine a light” on the potential consequences. They say the project will increase vehicle traffic in their pedestrian-friendly neighborhood and force vulnerable residents — older people, low-income families and new immigrants — out.
Debbie Wei, of the Save Chinatown Coalition, said the mayor alone should not decide “whether our community should live or die.”
“This fight is far from over,” she said in a statement. “We are going to fight this, and we are going to the mat. It’s on.”
Comcast Spectacor Chairman and CEO Daniel J. Hilferty said they will keep the door open for the 76ers as the plan unfolds while working with the Phillies to expand entertainment venues and jobs at the South Philadelphia complex.
“Either way, we always want what is best for Philadelphia,” Hilferty said in a statement.
___
AP sportswriter Dan Gelston contributed to this report from Philadelphia.
veryGood! (5719)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- The Lands’ End 50% off Sitewide Sale Is Jaw-Dropping – $27 Flannels, $36 Rain Jackets, $44 Jeans & More
- Travis Kelce’s Ex Kayla Nicole Shuts Down Rumor About Reason for Their Breakup
- Vince Carter headlines 13 inductees into Naismith Basketball Hall of Fame this weekend
- What to watch: O Jolie night
- Determination to rebuild follows Florida’s hurricanes with acceptance that storms will come again
- Golden Bachelorette's Guy Gansert Addresses Ex's Past Restraining Order Filing
- Becky G tour requirements: Family, '90s hip-hop and the Wim Hof Method
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Changing OpenAI’s nonprofit structure would raise questions about its future
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- US Justice Department says Virginia is illegally striking voters off the rolls in new lawsuit
- North Carolina football player Tylee Craft dies from rare lung cancer at 23
- Wisconsin regulators file complaint against judge who left court to arrest a hospitalized defendant
- Louvre will undergo expansion and restoration project, Macron says
- Notre Dame-Stanford weather updates: College football game delayed for inclement weather
- Should California’s minimum wage be $18? Voters will soon decide
- These Sabrina the Teenage Witch Secrets Are Absolutely Spellbinding
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Anderson Cooper Has the Perfect Response to NYE Demands After Hurricane Milton Coverage
Influencer Averii Shares Bizarre Part of Being Transgender and Working at Hooters
Why Anna Kendrick Is Calling on Rebel Wilson to Get Another Pitch Perfect Movie Rolling
Current, future North Carolina governor’s challenge of power
Tap to pay, Zelle and Venmo may not be as secure as you think, Consumer Reports warns
Walz tramps through tall grass on Minnesota’s pheasant hunting season opener but bags no birds
Yes, salmon is good for you. But here's why you want to avoid having too much.