Flyers and Sixers building new arena
https://www.nytimes.com/a...s-flyers-new-arena-plans/
Despite the controversy surrounding the construction of a new arena, the Philadelphia 76ers and Philadelphia Flyers will have a new home after all. Harris Blitzer Sports & Entertainment (HBSE) and Comcast Spectacor have entered into a 50-50 joint venture to build a new arena in the South Philadelphia Sports Complex, the Flyers and 76ers announced Monday.
The new facility, which will be home to both NHL and NBA franchises, is set to open in 2031. The partnership also includes a 50-50 venture to invest in the resurgence of Market East in Center City. Additionally, Comcast is planning to take a minority stake in the 76ers and will join a bid with HBSE in hopes of bringing a WNBA team to the city.
