The new arena for the Philadelphia 76ers and Flyers is set to open in 2030, coinciding with the launch of the Philadelphia WNBA expansion team. Located on the former Spectrum site in South Philadelphia, the venue will be a collaboration between Harris Blitzer Sports & Entertainment and Comcast Spectacor, fully financed privately. Sixers managing partner Josh Harris emphasized that the arena will create lasting memories for fans. NBA commissioner Adam Silver praised the project’s potential as a significant economic investment for Philadelphia.