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76ers Continue New Arena Location Search After Penn's Landing Loss

The 76ers by competing to develop Penn's Landing "signaled their dissatisfaction with their current home venue," the Wells Fargo Center, and now the region's business and real estate communities are "carefully watching for the Sixers' next step," according to Jacob Adelman of the PHILADELPHIA INQUIRER. The Sixers have said that their "desire to explore building themselves a new arena has nothing to do with their relationship with Comcast Spectacor." But the team is "said to be seeking more flexibility in scheduling their games, which they would have at an arena of their own." The Wells Fargo Center also will be 35-years-old when the Sixers' lease expires in '31, "at which point it may start showing its age." There has been "social-media speculation that the Sixers' Plan B could involve a move across the Delaware River to Camden, where a practice facility was built for the team in 2015 with about $80 million in state tax incentives." In response to questions about their arena plans -- including a potential move to Camden -- the Sixers said they "are committed to the city of Philadelphia" (PHILADELPHIA INQUIRER, 9/17).

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