Sixers Announce Plans for New $1.3 Billion Arena by 2031
Construction to Begin in 2024
Expected to Be Completed by 2031
The Philadelphia 76ers announced plans to build a new $1.3 billion arena by 2031. The new arena, which will be located in Center City Philadelphia, will replace the team's current home, the Wells Fargo Center.
The new arena will be the home of the 76ers, as well as the Philadelphia Flyers of the National Hockey League and the Philadelphia Wings of the National Lacrosse League. The arena will also host concerts and other events.
The 76ers say the new arena will be "state-of-the-art" and will include a variety of new amenities for fans. The arena will also be more accessible than the Wells Fargo Center, with improved public transportation options.
The 76ers say they are excited to bring a new arena to Philadelphia and believe it will be a major asset to the city.
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