PHILADELPHIA (KYW Newsradio) — We’re getting a first look at what the new arena at the South Philadelphia Sports Complex could look like.
The Sixers and Flyers have shared renderings of the exterior of their new arena, which is proposed to be built at the site of the old Spectrum.
The architecture is designed to look like a new-school Spectrum, in that signature wide oval shape. Outside the arena, there’s a half-acre of space that will be turned into plazas, including restaurants and other entertainment for fans.
The teams are calling the arena the city’s “largest fully privately funded project.” They said the new arena will create nearly 15,000 jobs and generate up to $6 billion in economic activity over the next 10 years, with new tax revenue directly benefiting the School District of Philadelphia.
The arena is targeted to open in 2030 — ahead of the inaugural season of Philadelphia’s WNBA expansion team. Officials hope to break ground early next year, pending approval from the city.
