Comcast Spectacor and the 76ers are "planning to create an event complex" in South Philadelphia along with the new, planned arenathat is the "city's version of 'The Battery Atlanta,' a sprawling complex that includes retail and restaurants." Comcast CEO Brian Roberts said that his company and the 76ers ownership would "team up to construct a 'world-class' arena" in South Philadelphia that they would "use as a 'launch pad' to expand offerings in the stadium district." During Monday's press conference, Philadelphia Mayor Cherelle Parker also said that the city "will need to renegotiate a deal"with the 76ers and Comcast Spectacor, with the city needing to "develop new terms with the developers, including a community-benefits agreement and plan for the development team to pay PILOTs, or payments in lieu of taxes" (PHILADELPHIA INQUIRER, 1/13).
Comcast, 76ers plan event complex with new arena
