76 Place

The 76ers are ready to bring a new, championship caliber arena back to the heart of Philadelphia. 76 Place is proposed as the new home of the Philadelphia 76ers, where we will build a new arena that is privately funded and developed in collaboration with the community. We are committed to working with local stakeholders to ensure the project supports the surrounding neighborhoods and promotes economic opportunity, inclusivity and accessibility.

DEVELOPMENT PRIORITIES

Goal

Work with the community to build an arena that serves as a model for equitable & inclusive economic development

Privately funded, no
city subsidies

Generate job and business growth for diverse communities

Preserve and promote affordability

Create a clean and safe environment 

Minimize the impacts of construction and congestion

Develop an environmentally sustainable arena

Preserve culture and identity of surrounding communities

Equitable Development

In partnership with Mosaic Development we can make 76 Place a model for inclusive, responsible and equitable development

Development & Construction

In the years leading up to construction, we will invest in programs to help grow diverse workers and businesses. We will also provide the opportunity to build experience and capacity along the way through connections to other projects.

Arena Operations

We will launch a workforce development program to recruit, train and prepare diverse workers for the jobs and long-term careers created by the arena, beginning years in advance of opening.

Small Business Partnerships

We will participate in entrepreneurship programs to help support the growth of diverse businesses that will provide key arena services such as merchandise, food/beverage or security.

Community Engagement & Benefits

Our commitment to a Community Benefits Agreement (CBA) that is endorsed by community stakeholders will outline how we ensure the project is a win for surrounding neighborhoods.

SITE LOCATION

Inspired by the success of downtown arenas in other cities, we believe that Fashion District is the best location for a new arena.

The arena would be located in the part of the mall from 10th-11th Streets on Market Street.

Transportation

The Arena’s direct connection to multiple public transit lines will drastically reduce the number of fans and patrons that drive to games. This will help reduce traffic and support the City’s long-term sustainability goals.

MAKING AN IMPACT

 The project is expected to be a major economic driver for Philadelphians, creating jobs and contract opportunities during construction and after opening. We are committed to connecting these economic opportunities to residents and businesses in the surrounding neighborhoods and underrepresented communities across the city.

Construction

$1.9B of economic output and 9,000 jobs

Ongoing

$400M of economic output annually and 1,000 jobs

Future

Potential to spur billions of dollars of additional activity

Be Part of the Process

We know this arena will only be successful if it is designed and operated in a way that supports our city and the surrounding communities.  A Community Benefits Agreement will be developed to address community concerns and advance key neighborhood priorities.

Form a long-term partnership with the community

Create a team environment with all stakeholders

Lead inclusive, bilingual engagement

Collaborate to address local priorities

Meet the Team

The arena is being developed by 76 Devcorp, a partnership between 76ers Managing Partners Josh Harris and David Blitzer and Philadelphia Business Leader David Adelman. 76 Devcorp is collaborating with Mosaic Development Partners, a Philadelphia-based real estate development company certified MBE (Minority Business Enterprise).

David Adelman

Chairman 76 Devcorp

Experienced Philadelphia-based real estate developer, philanthropist and investor

Jonathan Fascitelli

CEO HBSE Real Estate & 76 Devcorp

David Gould

Chief Diversity & Impact Officer, HBSE

Leslie
Smallwood-Lewis

Founder & Co-Owner

Gregory Reaves

Founder & Co-Owner

Project Timeline

Help Us Shape This Project With You