Philadelphia City Council Approves $1.3 Billion Arena for 76ers in Center City with 12-5 Vote, 11 Bills Approved

Dec 20, 2024, 10:09 PM

The Philadelphia City Council has officially approved the $1.3 billion proposal for a new arena for the 76ers in Center City. The final vote, which took place on December 19, 2024, resulted in a 12-5 decision in favor of the project. The approval includes the passing of 11 bills necessary for the construction of the arena, which is expected to be completed by 2031. The arena, named '76 Place', will replace the team's current home at the Wells Fargo Center once its lease expires. The decision comes amid protests from local residents, particularly from the Chinatown community, who have voiced opposition to the project. Despite the protests, the City Council moved forward with the approval, which is seen as a significant step for the franchise's future in Philadelphia.