The Philadelphia 76ers have reached an settlement with Philadelphia mayor Cherelle Parker on plans to construct a brand new area in Middle Metropolis. The $1.5 billion proposed area now wants backing from Metropolis Council to get last approval.
Within the video, Parker claimed the sector proposal is “the most effective monetary deal ever entered into by a Philadelphia mayor for a neighborhood sports activities area.” She stated she believes constructing the sector in Middle Metropolis is the “proper deal for the individuals of Philadelphia.”
The Sixers stated in a press release, “We’re grateful to Mayor Parker and her crew for his or her time and diligence in evaluating our proposal and stay up for advancing to the following steps with Metropolis Council.”
The crew’s lease on the Wells Fargo Middle, owned by Comcast Spectacor, ends in 2031. The Sixers have acquired curiosity to relocate to New Jersey if an area deal in Philadelphia could not be reached.
