Philadelphia 76ers Announce Plans for New $1.3 Billion Arena
76 Place at Market East to Be Future Home of NBA Team
Project Expected to Be Completed by 2031
The Philadelphia 76ers announced plans Wednesday for a new $1.3 billion indoor arena in Center City Philadelphia, to be called 76 Place at Market East. The new stadium is expected to be completed by 2031.
The arena will be privately funded and located in the Fashion District area of Center City. It will be the future home of the 76ers, who currently play at the Wells Fargo Center.
The 76ers worked closely with stakeholders from across Philadelphia to develop the plans for the new arena. The team is confident that 76 Place at Market East will be a world-class facility that will benefit the city for years to come.
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