Philadelphia City Council Approves $1.3 Billion 76ers Arena Project in Center City
The decision comes after years of heated debate, protests, and negotiations over the project's impact on Chinatown and the surrounding community.
- City Council passed 11 pieces of legislation with a 12-5 vote, clearing the way for the 18,500-seat arena to be built at Market and Filbert streets by 2031.
- The $1.3 billion project includes a $60 million Community Benefits Agreement, with $33 million allocated for Chinatown initiatives and $27 million for citywide programs.
- Protesters opposing the arena disrupted the Council meeting, leading to arrests and continued concerns over potential displacement and harm to Chinatown.
- Supporters, including unions and business groups, emphasized the economic benefits, job creation, and revitalization of the Market East corridor.
- Construction is scheduled to begin in 2026, with demolition of part of the Fashion District mall making way for the arena atop SEPTA’s Jefferson Station.