“HBSE and Comcast will also immediately focus on Market East, bringing together government officials and local stakeholders to develop a variety of options to revitalize a vital neighborhood in Center City where the 76ers had originally proposed locating the arena,” the release read.

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.

The Philadelphia 76ers have abandoned the plans to build a new stadium on Market Street, near Chinatown, and instead have negotiated with Comcast Spectacor to build a new arena in South Philadelphia.