Comcast Spectacor has revealed its ambitious vision for the South Philadelphia Sports Complex, starting with a $2.5 billion plan set to transform the area by 2028. The initial phase involves a $12 million renovation to Xfinity Live!, the construction of a 5,500-seat concert venue, a 250-key hotel, and various dining and retail establishments. The proposed project aims to convert parking lots around the Wells Fargo Center into a vast entertainment and shopping hub. The release of details, including visual representations of Phase 1, follows the presentation of the plan to a neighborhood group last month. The comprehensive master plan features 500,000 square feet of office space, 460,000 square feet of retail, a 5,500-seat concert venue, 2,000 residential units, multiple hotels with 500 rooms, and parking for 10,000 vehicles in garages.

*Article courtesy Philadelphia Business Journal

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