Monday, the Sixers revealed more about the agreement, which includes a 50-50 joint venture to build a new, "world-class, state-of-the-art arena in the South Philadelphia Spots Complex that will be the new home of the Philadelphia 76ers and Philadelphia Flyers," in a press release.

What to Know The Philadelphia 76ers will partner with Comcast Spectacor to build a new arena in South Philadelphia and abandon a deal to move downtown. The stunning news came as a relief to critics of the plan to put a $1.

After years of planning and ongoing debate, the planners behind a proposal to bring a Sixers arena to Center City have backtracked. Instead, the team will get a new arena in South Philly, an official claimed.