The Philadelphia Flyers are set to announce plans for a new arena in South Philadelphia on Monday and are continuing to operate alongside the NBA 's Philadelphia 76ers per Daily Faceoff's Frank Seravalli.

The Philadelphia Flyers have announced plans for a brand new and massive arena project. The Wells Fargo Center will soon be a thing of the past.

On Monday morning, it was revealed that the NHLs Philadelphia Flyers and NBAs Philadelphia 76ers are building a new home. As part of the announcement, it was revealed that the Harris Blitzer Sports & Entertainment (HBSE) group—owners of the New Jersey Devils and 76ers—are helping fund the future “world-class” arena.

The Philadelphia Flyers will have a new home. As revealed earlier Monday by Daily Faceoff’s Frank Seravalli, Comcast Spectacor, owner of the Flyers, has announced plans to develop a new arena in the South Philadelphia Sports Complex that is expected to open in 2031.