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DEVELOPER EYES SPORT-ENTERTAINMENT COMPLEX IN PHILLY
Published March 21, 1996
Real estate developer Ronald Rubin, who helped broker Comcast's purchase of the 76ers, Flyers and two arenas, confirmed yesterday he is "laying the groundwork for a huge sports- entertainment complex in South Philadelphia that would include a new stadium," according to this morning's PHILADELPHIA INQUIRER. No deal is imminent, but Rubin's involvement and his ties to the Comcast-Spectacor venture make it all the more likely a new facility would happen. Rubin said he is not working with either team, but sources said his "energies have been directed toward a new baseball stadium." The facility would be surrounded by a sports-themed retail and entertainment complex, similar to Chelsea Pier in Manhattan. Rubin said Comcast is "not directly involved in talks about a new stadium," and Comcast Chair Ralph Roberts said, "We're not interested in building any more stadiums" (Sokolove & Rozansky, PHILA. INQURIER, 3/21).