New South Philadelphia Arena
| Company type | Joint venture |
|---|---|
| Industry | Sports and entertainment |
| Founded | 2025 |
| Headquarters | Philadelphia , United States |
Area served | Philadelphia metropolitan area |
Key people | Harris Blitzer Sports & Entertainment, Comcast Spectacor |
| Products | Indoor arena for basketball, ice hockey, and other events |
| Owner | Harris Blitzer Sports & Entertainment and Comcast Spectacor (equal ownership) |
The New South Philadelphia Arena is a forthcoming versatile indoor arena planned for Philadelphia, with an anticipated opening in 2030. It will serve as the new venue for both the Philadelphia 76ers (NBA) and the Philadelphia Flyers (NHL), taking over from the Wells Fargo Center.
This initiative was unveiled in January 2025 following the 76ers’ cancellation of their Center City arena proposal. Subsequently, they joined forces with the Flyers to develop a shared facility located within the existing South Philadelphia Sports Complex. Ownership will be equally divided between Harris Blitzer Sports & Entertainment (HBSE) and Comcast Spectacor, while OVG360—a subsidiary of Oak View Group—will oversee operations and act as the project manager.
Background
In 2022, the 76ers introduced plans for "76 Place at Market East," an arena project situated in Center City that involved HBSE purchasing adjacent properties, including the Fashion District Philadelphia mall, to demolish and create space for the arena and associated entertainment spaces. Although residents of Chinatown expressed concerns regarding potential economic effects, Philadelphia City Council gave its approval to the proposal in December 2024.
Nonetheless, shortly after this approval, HBSE and Comcast Spectacor revised their approach. In January 2025, they announced a collaborative effort to construct a new arena within the South Philadelphia Sports Complex. This strategy also includes provisions to accommodate a future Women's National Basketball Association (WNBA) expansion team based in Philadelphia.
On June 30, 2025, Philadelphia was granted a WNBA franchise scheduled to commence play in the 2030 season. The team will occupy the new arena once it is completed; if there are delays, they will temporarily use the Wells Fargo Center, which is planned to be renamed Xfinity Mobile Arena.
Naming rights
The current Wells Fargo Center is set to be renamed Xfinity Mobile Arena in September 2025 as part of a new naming rights agreement for the facility.