DEVELOPER EYES SPORT-ENTERTAINMENT COMPLEX IN PHILLY
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).