The Philadelphia 76ers have reached a landmark agreement with Philadelphia Mayor Cherelle Parker to move forward with plans for a state-of-the-art stadium in Center City. The proposed $1.5 billion facility, which will be the new home of the Sixers, is now awaiting final approval from the Philadelphia City Council. Their support is essential for the project to continue.
At a press conference, Mayor Parker described the deal as “the best financial deal the mayor of Philadelphia has ever received for a local sports arena.” He stressed that the project would be a “success” for Philadelphians, emphasizing the economic and social benefits the new facility would bring to the city.
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