
Despite already existing congestion on Center City streets at rush hour, the Philadelphia 76ers believe the area’s transportation system doesn’t need upgrades to accommodate the franchise’s proposed arena.
The $1.3 billion arena, planned to open in 2031, would be on Market Street between 10th and 11th streets at the site of the Fashion District. It would be above Jefferson Station and next to the 11th Street subway stop on the Market-Frankford Line.
David Adelman, who’s leading the arena development, described the site as “the most robust, transit-rich location in all of Philadelphia.” Adelman is the chairman of 76 Devcorp, the company created by the Sixers to oversee development of the new arena. He recently purchased a 10% stake in Harris Blitzer Sports & Entertainment, the 76ers’ ownership group.
*Article courtesy of Philadelphia Business Journal
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