Philadelphia Mayor Endorses Controversial $1.55B Sixers Arena in Center City
Mayor Cherelle Parker's support propels the project forward despite significant opposition from Chinatown residents and concerns about economic impact.
- Mayor Cherelle Parker announced her support for the Sixers' $1.55 billion proposal to build a new arena in Center City, calling it a 'historic agreement.'
- The proposed arena, named '76 Place,' is set to replace part of the Fashion District mall on Market Street, with construction potentially starting in 2026 and completion by 2031.
- Chinatown residents and business owners have voiced strong opposition, fearing the arena will negatively impact their community and lead to gentrification.
- The Asian American Legal Defense and Education Fund has pledged to support local groups in challenging the project legally if necessary.
- The project now moves to City Council for approval, with significant debate and public hearings expected before any legislation is passed.
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